As NSE gears up for its long-awaited IPO after filing its Draft Red Herring Prospectus (DRHP) with Sebi, the exchange is on track to deliver what could be the biggest listing in India's capital market history, with the issue expected to be around Rs 30,000 crore.
While much of the attention has centred on the selling shareholders, their extraordinary returns and the sheer size of the proposed offering, the DRHP reveals an interesting trend that has largely gone unnoticed.