New Delhi, Sept. 22 -- It was not an ordinary press conference. Why? Because the details of the IPO about to be announced at New Delhi's posh Taj Man Singh hotel concerned was none other than India's highly anticipated issue of the National Stock Exchange (NSE).

On a busy day of sharing details and answering a host of questions, NSE MD and CEO Ashishkumar Chauhan answered a very important question: Why couldn't the NSE IPO become India's biggest IPO ever?

NSE was initially expected to break all records and become India's biggest-ever IPO by issue size, at nearly Rs.30,000 crore, surpassing Hyundai Motor India's IPO ( Rs.27,858.75 crore) and LIC's IPO ( Rs.20,557.23 crore). However, the NSE IPO eventually became the second-largest IPO in...