NSE IPO may open on Sept 18, list on Sept 25; Rs 30,000 crore issue in sight: Report

AI Summary

The National Stock Exchange of India is preparing an initial public offering expected to open on September 18, with a Rs 30,000 crore issue. The IPO will be an offer for sale, with major shareholders like the SBI group selling existing shares after regulatory scrutiny.

The National Stock Exchange's Rs 30,000-crore initial public offering is anticipated to open for subscription on September 18. This offering will be an offer for sale, with existing shareholders selling nearly 15 crore equity shares. The SBI group is identified as the largest seller in this significant upcoming public issue. This IPO follows years of regulatory hurdles, including co-location and dark-fibre cases.