Big update regarding NSE IPO, know by when it can get approval

A big update (NSE IPO News) has come regarding the IPO of the country's largest stock exchange NSE. If media reports are to be believed, market regulator SEBI can give its approval to nse IPO in the next one month. Let us tell you that NSE has been trying to get listed in the stock market since the year 2016. But the obstacles coming in between have stopped it till now.

There is a good news for lakhs of investors waiting for NSE IPO News for the last 9 years. If media reports are to be believed, market regulator SEBI can approve NSE's IPO within a month. If this happens, then NSE shares will be seen trading on BSE in the next few months.

The country's largest stock exchange NSE has been trying to get listed in the stock market since the year 2016. But the obstacles coming in between have stopped it till now.
The most serious case in this is the allegation related to colocation. The case is related to allegations between 2010 and 2014, in which some high-frequency traders (HFTs) were accused of having improper access to NSE's co-location servers. In this, "dark fiber" connectivity was used, which enabled these traders to trade faster than others.

In April 2019, SEBI ordered NSE to return illegal profits of Rs 62.58 crore and the regulator also barred top NSE officials from working in market-related positions. In 2022, NSE was also fined Rs 7 crore, which was later canceled by the Securities Appellate Tribunal (SAT). SEBI has filed a petition in the Supreme Court against this.

However, now there are signs of resolution of the long-standing deadlock between SEBI and NSE. Recently, SEBI chief Tuhin Kant Pandey had indicated that NSE's IPO could get approval soon.

Objection Certificate (NOC) can be received in the next few weeks. SEBI is considering two measures. First, NSE will have to make additional disclosures about pending cases in its Draft Red Herring Prospectus (DRHP). Or NSE and SEBI will settle out of court. In this, NSE will pay a certain fee and SEBI will withdraw the case.

Anyway, investors are excited to see NSE's listing near. In the gray market, the prices of NSE's unlisted shares have risen by 23 percent in the last few weeks. NSE's only rival stock market BSE has been listed on the stock market since 2017.