India ·

SEBI clears NSE’s revised settlement terms, removing the last major hurdle before its record IPO

SEBI’s in-principle acceptance of a ₹1,491 crore settlement with India’s National Stock Exchange keeps its 100%-OFS IPO on track for DRHP observations by mid-August and a September listing, at an unlisted valuation still above ₹4.85 lakh crore ($58B+).

India skyline
Mumbai skyline — Wikimedia Commons, CC BY-SA 3.0

Frequently asked questions

Is this an original report, or a copy of the source article?
This is original commentary and context written for this site, citing Business Today as the source. Read the full original reporting at the source link below.
How current is this information?
This item reflects reporting as of 30 July 2026. Secondary-market situations like this one can change quickly — check the source link for the latest developments.