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SEBI approves NSE’s proposed IPO offer for sale

National Stock Exchange (NSE) received SEBI approval for its proposed initial public offering. NSE’s draft red herring prospectus (filed in June) covered an offer for sale of up to 14.89 crore shares.

The National Stock Exchange (NSE) has received approval from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO).NSE had filed its draft red herring prospectus (DRHP) with SEBI in June for an offer for sale of up to 14.89 crore shares, representing aroun…