With the National Stock Exchange’s much-awaited initial public offering (IPO) expected to hit the primary market in the second half of September, investors seeking exposure to the exchange face a dilemma: buy its unlisted shares now or wait for the public issue?
NSE’s unlisted shares are currently trading at around Rs 2,015, according to Unlisted Arena data. The stock was trading at Rs 2,010 when NSE filed its draft red herring prospectus (DRHP), showing that the unlisted share price has remained largely unchanged since the filing.
