InvestorQ : What is the status of the NSE IPO and do you see that happening soon?
vidhya Laxmi made post

What is the status of the NSE IPO and do you see that happening soon?

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sarah Leo answered.
3 weeks ago
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That remains a million dollar question, but it will need a lot of bells and whistles in place. NSE was not given permission by SEBI for the IPO till the investigation into the algo case had concluded. That may still be some time away. Most early investors in the NSE are getting jittery as they don’t see any immediate exit route for their holdings and that is something that Ashish Chauhan will have to address at an intituional level. The IPO can bring in greater accountability and allow the eary investors to monetize their holdings in the NSE.

But the biggest challenge, more than the IPO, is that it is time for a systemic rehaul. Clearly, the problems at NSE were endemic and deep-rooted. Just change at the top will not work and what is needed is a systemic rehaul of processes and people. Till that time it will be tough for Chauhan to be able to do anything substantive to change the rules of the game. Remember that, NSE grew on the gaps in the BSE story and Chauhan understands both sides of the too well. The real challenge now is how quickly and drastically he rehauls the system!

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