SEBI’s NSE IPO Update: Hope for Quick Resolution Drives Stocks Higher – Top15News: Latest India & World News, Live Updates

NSE IPO Update: SEBI Chief Optimistic as Unlisted Shares Surge to Rs 2,300

The NSE IPO is getting closer. SEBI chairman Tuhin Kanta Pandey said that the IPO process is progressing well. He believes NSE and SEBI will soon fix the remaining issues. Meanwhile, NSE’s unlisted shares have jumped to Rs 2,300, showing strong investor interest.

SEBI Chief Shows Confidence

On May 22, Pandey said that the IPO is almost ready. He didn’t give an exact date. But he assured everyone that it will happen soon. Pandey said that SEBI and NSE are working hard to fix the final problems.

NSE filed its IPO papers in December 2016. Since then, compliance and regulatory issues have caused delays. Now, SEBI is confident that these problems won’t stop the IPO.

NSE’s Strong Market Presence

NSE has applied for a No Objection Certificate (NOC) from SEBI. This is a key step for the IPO to move forward.

NSE is one of the largest stock exchanges in the world. It handles 17.5% of global trade volumes and 81.7% of derivatives contracts. In India, NSE controls 93% of the equity cash market and nearly 100% of the equity futures market.

These numbers and strong financial results make NSE attractive to investors.

Unlisted Share Prices Climb

NSE’s unlisted shares rose 53% in just five days. They reached Rs 2,300. This increase pushed NSE’s market value to Rs 5.7 lakh crore. The rise shows investors are confident about the IPO.

Strong Financial Results

NSE’s results for FY25 are solid:

  • Revenue: Rs 17,141 crore, up 16% from last year.
  • Net profit: Rs 12,188 crore, up 47%.
  • Operating margin: Over 60%.
  • Debt: Very low.

These numbers show that NSE is highly profitable and efficient.

Investors Are Excited

Drew Investment Management recently shared its confidence in NSE. Its head, Monsoon Pabrai, called NSE a “unique opportunity.” He praised its high margins and very low debt. Drew even set up a fund just to invest in NSE. They estimate NSE’s value at about $50 billion, with a P/E ratio of 30.

What’s Next?

Experts believe the IPO could happen within six months after SEBI’s approval. Over 100,000 investors already hold NSE’s unlisted shares. Many are eagerly waiting for this big event.

With SEBI’s confidence and NSE’s strong results, the IPO looks promising. It will be a major milestone for India’s financial markets.

Click here for the complete NSE IPO update

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