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Detailed stories on technology startups, business and economic current affairs.
Exchange says it has enough selling interest to meet SEBI’s public float norms even if valuation crosses Rs 5 lakh crore.
The IPO-bound National Stock Exchange has expressed confidence in meeting minimum public offer requirements—a key condition for its listing to go through. The management of the country’s largest exchange made the assertion during a post-earnings call on Wednesday, responding to an analyst’s question.
The signal matters for investors awaiting one of India’s largest public listings. As we had reported earlier, NSE has had to reach out to a record number of shareholders for the IPO’s offer for sale.
The exchange currently plans to list entirely through an offer for sale, involving roughly a 4.5% stake sale worth over Rs …
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
A Rs 10,440 crore share swap with listed Shalimar Paints could give the building materials startup a public market presence without a traditional IPO. But the novel route leaves investors grappling with dilution, valuation and governance concerns.