Close to clearing NSE IPO: Sebi Chief Tuhin Kanta Pandey

Synopsis NSE’s valuation in the unlisted market is around ?5 lakh crore, potentially catapulting it to India’s top-ten market capitalization leader-board on listing, based on current prices. Mumbai: The Securities and Exchange Board of India is close to approving the initial public offering (IPO) of the National Stock Exchange (NSE), the regulator’s chairman Tuhin Kanta Pandey said Thursday. The share sale is likely to be the largest in the country to date. NSE’s valuation in the unlisted market is around ?5 lakh crore, potentially catapulting it to India’s top-ten market capitalization leader-board on listing, based on current prices. With a…