New Delhi: SEBI Chairman Tuhin Kanta Pandey assured that the outstanding issues related to the NSE IPO will be resolved imminently, and the regulator will proceed with the process. Speaking at an Assocham event, Pandey stated that discussions between NSE and SEBI are ongoing and that he is optimistic about resolving the issues soon, although he couldn’t specify a exact timeline.
He emphasized that SEBI and NSE are working together to address regulatory concerns to facilitate a smooth IPO process.
At the same event, NSE CEO Ashish Kumar Chauhan highlighted the robust performance of India’s capital markets, stating that they mirror the country’s broader economic strength and resilience. India is now the world’s fourth-largest equity market, with a market capitalization that has increased over 120 times since NSE’s inception in 1994, reaching around Rs 440 lakh crore ($5.1 trillion).
Chauhan noted that the market cap of NSE-listed companies has nearly sextupled over the past 11 years, and the market cap-to-GDP ratio has doubled from 60% in FY14 to 124% in FY25, indicating deepening investor confidence and expansion of India’s capital markets.
He also highlighted India’s resilience amidst global uncertainties like trade tensions, slowdowns in developed economies, and geopolitical risks, asserting that India remains a ‘beacon of stability and opportunity.’