NSE Seeks 46 Billion Dollar Valuation in IPO

National Stock Exchange of India has set a price band for its upcoming initial public offering aiming for a valuation of up to 46 billion dollars. The bourse cut its offering size after investors trimmed shares.

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FILE PHOTO: People talk inside the National Stock Exchange (NSE) in Mumbai, India, August 14, 2025. REUTERS/Francis Mascarenhas//File Photo

India's National Stock Exchange has set an IPO price band of 1,700-1,785 rupees ($17.81-$18.70) per share, seeking a valuation of up to 4.42 trillion rupees ($46.31B). The offering launches next week and ranks among the country's largest listings.