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ARTICLE AD BOX
The National Stock Exchange of India has officially acceptable the signifier for 1 of the biggest marketplace events successful the country’s history, filing its draught reddish herring prospectus (DRHP) for an initial nationalist offering (IPO) of up to 148,905,525 equity shares. The issue, valued astatine an estimated Rs 30,000 crore, is poised to go the largest firm marketplace debut successful India.If completed, the nationalist offering volition surpass the Rs 27,859 crore IPO of Hyundai Motor India successful October 2024, marking a caller milestone for the IPO market. Here's what you request to cognize astir the offering:
Mega IPO
The DRHP outlines an IPO comprising up to 148,905,525 equity shares of look worth Re 1 each, mounting the standard for a monolithic nationalist issue.
Estimated contented size
The offering is expected to rise astir Rs 30,000 crore, making it the biggest IPO successful India’s past if successfully completed.
Record breaking IPO
The NSE IPO is projected to surpass Hyundai Motor India’s Rs 27,859 crore nationalist debut successful October 2024, presently the largest successful the country.
Pure connection for merchantability structure
According to the DRHP filed with the Securities and Exchange Board of India (Sebi), the contented is simply a axenic connection for merchantability consisting wholly of existing equity shares.
World's largest exchange
According to the World Federation of Exchanges, the NSE maintained its presumption arsenic the world’s largest equity derivatives exchange, signaling implicit 36.99 cardinal contracts traded successful Fiscal 2026, including enactment from the NSE International Exchange (NSEIX).
As of March 31, 2026, the speech besides remained India’s largest successful presumption of full currency marketplace turnover and ranked arsenic the third-largest globally by fig of currency equity trades, arsenic per information from the World Federation of Exchanges.The State Bank of India is the largest selling shareholder, readying to divest 24.75 cardinal shares successful the nationalist issue. MS Strategic (Mauritius) Limited volition merchantability 16.00 cardinal shares, portion the Canada Pension Plan Investment Board is acceptable to offload 11.87 cardinal shares.
Aranda Investments (Mauritius) Pte. Ltd. volition divest 11.25 cardinal shares, Bank of Baroda 10.98 cardinal shares, and the Stock Holding Corporation of India Limited 10.89 cardinal shares.
Public assemblage insurers are besides portion of the connection for sale, including General Insurance Corporation of India (10.66 cardinal shares), The New India Assurance Company Ltd. (10.50 cardinal shares), National Insurance Company Limited (6.00 cardinal shares), and United India Insurance Company Limited (6.00 cardinal shares).
Financial portolio
For the twelvemonth ended March 31, 2026, the speech reported full income of Rs 187,133.70 million, compared with Rs 191,768.31 cardinal successful FY25 and Rs 163,520.62 cardinal successful FY24. Revenue from operations stood astatine Rs 166,013.09 cardinal successful FY26, against Rs 171,406.78 cardinal successful FY25 and Rs 147,800.11 cardinal successful FY24.Total expenses excluding contributions to the Core Settlement Guarantee Fund roseate to Rs 59,999.03 cardinal successful FY26 from Rs 48,062.92 cardinal successful FY25. Despite this, nett for the twelvemonth from continuing operations stood astatine Rs 101,795.29 cardinal successful FY26, compared to Rs 116,057.48 cardinal successful FY25 and Rs 84,064.80 cardinal successful FY24. Net nett for FY26 was Rs 103,020.61 million, with full broad income astatine Rs 103,710.93 million.
