NSE expects to get listed by FY19

NSE expects to get listed by FY19
Highlights

The National Stock Exchange (NSE) is hoping to launch its initial public offer (IPO) in the current fiscal after resolving all related issues. The bourse is also considering tweaking its SME platform to create a segment for the start-up community.

The National Stock Exchange (NSE) is hoping to launch its initial public offer (IPO) in the current fiscal after resolving all related issues. The bourse is also considering tweaking its SME platform to create a segment for the start-up community.

“We will get the issues resolved and it will be behind us. My hope is we will be able to list this fiscal,” NSE MD and CEO, Vikram Limaye said. The timeline of the proposed IPO, which could be worth Rs 10,000 crore, got delayed due to ongoing investigations by the SEBI and the CBI into the server issue.

The IPO was likely to hit the market in February-March 2018. The NSE head said the bourse was carrying out a few pilots on blockchain and working on artificial intelligence to be used in surveillance on trading trend and social media data.

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