Off the hook, NSE’s on track for an IPO this year

The regulator is easing up on the exchange, allowing it to finally commence the process of tapping the markets, and shaking off the ghosts of the past five years

Four years and eight months after the National Stock Exchange of India, or NSE, first filed its draft herring prospectus for a public offering of its shares, it seems like its much-talked-about and anticipated IPO will finally see the light of day. 

NSE’s journey towards an elusive listing on the stock exchanges is the stuff of nightmares—regulatory hurdles, regulatory orders, enforcement agency investigations, numerous petitions and court orders and, not to forget, the unceremonious departure of its founding management. You name a hurdle and NSE has been through it in the last four-odd years. 

But something is definitely changing and …

Author

Jayshree P. Upadhyay

Jayshree is a former writer at The Morning Context. As journalist, she had nearly a decade of experience across Mint, Business Standard and Bloomberg TV India. The bulk of her career has been devoted to tracking the capital markets regulator, exchanges, regulatory policies, financial scams and corporate governance issues. One of her biggest breaking stories was her incisive coverage of the colocation scam which put the lapses at NSE in the public domain.

jayshree@mailtmc.com