NSE awaits Sebi’s green signal to start IPO process
Mumbai, April 5
The National Stock Exchange (NSE) is awaiting approval from the capital markets regulator Sebi to kickstart the much-awaited Initial Public Offering (IPO) process, its MD and CEO Ashishkumar Chauhan said.
Additionally, he said retail investors should avoid trading in the high-risk-derivatives and, only informed investors should get into such markets.
When asked about NSE’s IPO plans, Chauhan on Thursday said, “We will submit a revised Draft Red Herring Prospectus as and when we get approval from Sebi”.
The rival of NSE, BSE ( formerly Bombay Stock Exchange), launched its IPO in 2017 and is currently listed on the NSE.
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