New Delhi, June 18 -- The National Stock Exchange of India has filed its draft red herring prospectus (DRHP) on Wednesday to launch an initial public offering (IPO) of up to 148,905,525 equity shares, setting the stage for the country's largest corporate market debut worth an estimated Rs 30,000 crore.

The proposed offering is set to surpass the Rs 27,859 crore public market debut of Hyundai Motor India in October 2024 to become the biggest initial public offering in Indian history.

The mega public issue by the country's largest stock exchange marks the culmination of a multi-year effort to list its shares on BSE, overcoming an array of regulatory roadblocks that previously stalled its listing ambitions.

According to the regulatory doc...