NSE aims to launch IPO in mid-September, list by end of month
New Delhi, Aug. 14 -- The National Stock Exchange (NSE), the country's largest stock bourse, aims to launch its initial public offering (IPO) by mid-September and is eyeing a possible listing by 25 September, three people with knowledge of the company's plans said.
"The bourse is targeting the IPO launch around the beginning of Ganesh Chaturthi, in the middle of next month," the first person said. The second person told Mint that regulatory approval is expected "anytime now", following an addendum filed by the exchange on 6 August.
The timing coincides with the auspicious festival of Ganesh Chaturthi, which runs for 10 days starting 14 September. NSE managing director and CEO Ashishkumar Chauhan is known to be an ardent devotee of Lord ...
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