NSE Targets September 21 IPO Listing After Approval

National Stock Exchange of India targets a market debut in the week of September 21. The initial public offering follows long-awaited regulatory clearance after resolving past compliance issues.

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FILE PHOTO: A guard stands at the gate of the National Stock Exchange (NSE) in Mumbai, India, September 6, 2024. REUTERS/Francis Mascarenhas/File Photo

National Stock Exchange of India is targeting a listing in the week starting September 21, valuing the exchange at up to $55B after securing long-awaited regulatory approval for its IPO. The offering could rank among the country's largest public floats, alongside telecommunications giant Jio. The debut arrives as India's primary market regains momentum following a slowdown earlier in the year.

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