According to Economic times, National Stock Exchange of India Ltd. plans to file a draft prospectus this month for an initial public offering of about 100 billion rupees ($1.5 billion), which may be the nation’s biggest listing in more than six years
NSE’s offering would be the largest IPO in the country since Coal India Ltd.’s 2010 share sale, which raised 154.8 billion rupees, according to data compiled by Bloomberg
The National Stock Exchange of India Limited(NSE) is the leading stock exchange of India, located in Mumbai.NSE was established in 1992 as the first demutualized electronic exchange in the country. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country.
National Stock Exchange has a total market capitalization of more than US$1.41 trillion, making it the world's 12th largest stock exchange as of March 2016. NSE's flagship index, the NIFTY 50, the 51 stock index (50 companies with 51 securities inclusive of DVR), is used extensively by investors in India and around the world as a barometer of the Indian capital markets
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