BSE IPO Opening Date - Indian IPO Blog

Indian IPO Blog

Insights into investing world in India

Friday, January 6, 2017

BSE IPO Opening Date

The IPO of Bombay Stock Exchange (BSE) of India is likely to open in the fourth week of January 2017. The market regulator Securities and Exchange Board of India (SEBI) had approved stock exchange BSE’s initial public offer (IPO) of 1,54,27,197 shares of face value of Rs.2/- each

As of June 30, 2016, the BSE had 1,440 unique members across all segments and in FY2016 the BSE accepted an average of 284.92 million orders and 1.55 million trades in equity shares per trading day, placing it as the 12th most active exchange in the world in terms of electronic book trades in equity shares

An extraordinary and rather interesting aspect of this listing, whenever materialized, would be that BSE is itself an exchange and listing of BSE on itself would be an issue. In this regard, SEBI said an exchange cannot be listed on itself, which means if the BSE were to go public, it has to do so on the NSE or another exchange and vice versa

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