Overview
- Unlisted shares of the National Stock Exchange rallied to a record ₹2,200 on Tuesday, valuing it at an implied ₹5.44 lakh crore and ranking it among India’s top dozen firms by market cap.
- SEBI Chairman Tuhin Kanta Pandey said that remaining regulatory and governance issues will be resolved soon, signaling progress toward securing IPO approval.
- NSE has offered ₹10 billion to settle a longstanding co-location server dispute with SEBI, a key move to obtain a no-objection certificate for its public listing.
- The exchange reported a consolidated Q4 FY25 net profit of ₹2,650 crore, up 7% year-on-year, and declared a ₹35 per-share dividend for the financial year.
- Investor enthusiasm is spilling into related venues, with NCDEX unlisted shares jumping 27.5% to ₹255 as market participants anticipate fresh listing opportunities.