Overview
- Unlisted NSE shares have surged nearly 60% in two weeks to Rs 2,400, lifting its implied market value to about Rs 5.88 lakh crore.
- For FY25, NSE reported a 47% jump in net profit to Rs 12,187.94 crore on revenues of Rs 19,176.83 crore, reflecting strong earnings growth.
- Tuhin Kanta Pandey confirmed that outstanding regulatory and governance issues are under active resolution, paving the way for IPO approval.
- If NSE dilutes 10% of its equity at current valuations, it could raise Rs 55,000–60,000 crore, making it the largest IPO in India’s stock market history.
- Shares of BSE hit an all-time high as investors recalibrated valuations in anticipation of NSE’s upcoming IPO.