New Delhi, May 6 -- The National Stock Exchange of India (NSE) on Wednesday said its proposed initial public offering (IPO) has enough shareholders participating in the offer-for-sale even if the company is valued at over Rs.5 trillion.

During a post-earnings conference call, the company's management was responding to a question from an analyst on whether it had enough OFS participation to meet regulatory requirements at over Rs.5 trillion valuation.

To be sure, companies with a market capitalisation exceeding Rs.5 trillion are required to make a minimum public offer of Rs.15,000 crore and to issue at least 1% of the post-issue market cap, subject to a minimum dilution of 2.5%.

If the valuation is between Rs.1 trillion and Rs.5 trillio...