
National · 13 updates
Shares of IFCI jumped as much as 6.35% to Rs 102 on the NSE on Friday, as growing optimism around the long-awaited NSE IPO put the spotlight on the state-owned financial services company’s indirect exposure to the exchange.The latest surge adds to a strong recent run for the stock. IFCI shares have rallied nearly 35% over the past month, reflecting growing investor interest as expectations build that NSE could finally move closer to its much-anticipated public listing.IFCI owns more than 50% of Stock Holding Corporation of India (SHCIL), which in turn holds over 4% of NSE. This gives IFCI an i
India's primary market is heading into one of its busiest weeks of 2026, with 11 IPOs opening for subscription and looking to raise a combined Rs 24,574 crore. The week will be led by two large mainboard issues -- NSE and Hero Motors -- which together account for more than Rs 23,500 crore of the total fundraising.NSE will be the biggest issue of the week, with an IPO size of Rs 22,562 crore. Hero Motors will follow with a Rs 1,000 crore issue. The two IPOs will dominate investor attention, while the remaining mainboard and SME issues will compete for retail and HNI money during the same period
After years of anticipation, investors may finally get an opportunity to own a stake in the National Stock Exchange of India (NSE), with its proposed initial public offering (IPO) set to open for subscription on Thursday, September 17, 2026. Valued at Rs 22,561.57 crore, the IPO comprises an offer for sale of up to 12.64 crore equity shares.In its red herring prospectus (RHP), NSE has highlighted its market leadership, scale, profitability, technology infrastructure and cash generation as key strengths. The exchange, however, has also flagged several risks, including dependence on trading volu
National Stock Exchange's decision to trim its IPO size and price the issue below earlier market expectations has put the spotlight on whether India’s biggest exchange is choosing a safer listing over an aggressive valuation. The IPO valuation has been cut by about 15%, with the issue priced below the levels at which the stock traded in the unlisted market.The move comes even as the exchange remains one of India’s most profitable and dominant market infrastructure companies.NSE MD and CEO Ashish Chauhan said the exchange had invited shareholders to tender shares before filing the draft red her
The landmark listing of National Stock Exchange of India Ltd. is set to deliver a major boost to the country’s primary market, but it will be a significant blow to the booming trade in unlisted shares.The operator of the world’s busiest derivatives market accounted for roughly half of the trading volume in the shadow market, according to an estimate by trading platform UnlistedZone. Its initial public offering threatens to trigger a sharp drop in activity, forcing platforms that facilitate such transactions to find the next big draw.As India set consecutive records in IPO proceeds the last two