NSE's 'Baahubali' IPO
The stage is being set for the long-awaited 'Baahubali' public issue (IPO) of the National Stock Exchange (NSE). NSE officials are scheduled to submit the Draft Red Herring Prospectus (DRHP) to the capital market regulator, SEBI, on Monday or Tuesday. The NSE Board of Directors had approved this IPO back in February of this year. Reports indicate that the NSE plans to raise between ₹20,000 crore and ₹25,000 crore through an 'Offer for Sale' (OFS).
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