Mumbai, June 18 -- The National Stock Exchange (NSE) has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Wednesday, June 17, according to official documents.
The proposed IPO involves up to 148.9 million equity shares and is estimated to be worth around Rs 30,000 crore and has been structured entirely as an offer for sale (OFS), with existing shareholders together divesting around 6 percent of the exchange's equity.
Once launched, it could rank among the largest IPOs in India's capital markets since Hyundai Motor India's Rs 27,000 crore offering in 2024.
Earlier, the NSE had officially appointed Rothschild & Company as its independent advisor. Now that the DRHP has been filed with the...