India, June 18 -- India's largest stock exchange, the National Stock Exchange (NSE), has taken a major step towards its long-awaited stock market debut by filing draft papers for an initial public offering (IPO). The issue is expected to be worth around Rs.30,000 crore, making it the largest IPO in Indian history.

The filing comes after years of delays stemming from regulatory hurdles and allegations, marking a significant milestone for India's capital markets. Here's what investors need to know.

The NSE is India's largest stock exchange and one of the world's busiest derivatives markets. The exchange has been attempting to go public for nearly a decade, but the process was delayed due to regulatory and legal issues.

With the filing of...