NSE advances IPO at 5L cr valuation with shareholder backing
NewsBytes | May 7, 2026 1:39 AM CST
Investors express OFS interest, profits drop
Major investors, think LIC, SHCIL, and Temasek, have expressed interest in selling around 4% to 5% of their NSE shares through an Offer for Sale. This helps NSE tick all the boxes for its public listing.
Still, it's not all smooth sailing: in fiscal 2026, NSE's revenue slipped 3% and profits dropped by 15%, as market activity slowed down across both cash and derivatives trading.
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