National Stock Exchange of India Ltd., the operator of the world’s largest derivatives exchange by trading volume, is seeking a valuation of as much as Rs 5.26 lakh crore ($55 billion) in its planned initial public offering, according to people familiar with the matter.
The exchange has marketed its shares at 2,000 rupees to 2,100 rupees apiece during meetings with potential investors, the people said, asking not to be identified because the information is private. NSE has concluded most of its global road show, with meetings in the Middle East still to be completed, they said.
