The National Stock Exchange’s long-awaited IPO, which is expected to raise around Rs 30,000 crore, has moved a step closer, with Sebi approving the exchange’s draft offer plan on Friday, according to the regulator's website. The approval is a major step for one of India’s most closely tracked public issues and comes at a time when the IPO market has sharply revived after a dull first half.
NSE had filed its draft offer documents in June and has been preparing investor roadshows for what is expected to be one of the biggest IPOs of the year.
