As the Securities and Exchange Board of India (SEBI) has given its green signal to two of the largest and much-awaited mega initial public offerings (IPOs) of Jio Platforms and the National Stock Exchange (NSE), investors have begun discussing how such mega issues have performed for investors.
NSE had filed its draft red herring prospectus with the regulator on June 17, reviving a process that had been held up since 2016 amid regulatory scrutiny and legacy issues. The proposed NSE issue could be worth around ₹30,000 crore, according to estimates, putting it among India’s largest public issues.
