Kanishk Aluminium India IPO Shows Moderate Response, Subscribed 1.04x on Day 3
NSE IPO Gets No Objection Certificate From SEBI
Last Updated: 1st February 2026 - 10:58 am
National Stock Exchange received No Objection Certificate (NOC) from the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO) after a wait of 10 years.
"We are delighted to receive Sebi approval for our IPO, a significant milestone in our growth journey,” Srinivas Injeti, chairperson of NSE said.
“With Sebi's approval, we embark on a new chapter of value creation for all our stakeholders. This approval also reinforces confidence in NSE being an integral part of the Indian economy and beacon of Indian capital markets,” he added.
The approval from SEBI marks a key regulatory milestone that permits the country’s largest bourse to move forward with preparations for its public listing. Obtaining the NOC brings to an end more than nine years of procedural delays and regulatory scrutiny that had stalled the exchange’s IPO plans.
The NSE originally filed its draft offer documents in 2016, targeting a significant capital-raising through an offer for sale by existing shareholders. However, its listing bid was held up amid governance reforms and extended discussions with market regulators.
As per news reports, the exchange is expected to begin formal IPO procedures, including preparing a draft red-herring prospectus (DRHP) and engaging with merchant bankers to finalise the share sale structure.
Several legacy disputes, including appeals at appellate tribunals and the Supreme Court related to past co-location and connectivity cases, remained unresolved for years. SEBI maintained that unresolved litigation and unsettled regulatory actions needed to be addressed before a public listing could be allowed.
- FREE IPO Application
- Apply with Ease
- Pre-Apply for IPOs
- UPI Bid Instantly
Trending on 5paisa
02
5paisa Capital Ltd
03
5paisa Capital Ltd
IPOs Related Articles
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.
Verify Your Details
Krishca Strapping Solutions Limited
sme- Date Range 23 Oct- 27 Oct’23
- Price 200
- IPO Size 23