<ul data-eligibleForWebStory="false"><li>The National Stock Exchange (NSE) is making progress towards its long-awaited initial public offering (IPO) which might happen around Diwali after securing regulatory clearance.</li><li>NSE needs a No Objection Certificate (NoC) from the Securities and Exchange Board of India (SEBI) to proceed with the IPO, which will only be considered after the ongoing settlement process concludes.</li><li>NSE has proposed a settlement amount of ₹1,600 crore to address past compliance issues, making it the largest settlement offered to SEBI. The proposal is under review by a High-Powered Advisory Committee before a final decision by SEBI.</li><li>The entire process, including settlement and obtaining the NoC, could take up to two months, aligning with the festive season timeline. The IPO has been on hold for years and resolving current legal issues could pave the way for a successful listing.</li></ul>

NSE IPO May Take Off Around Diwali? SEBI No Objection To Come Post Settlement

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