NSE wants to launch IPO not for share price discovery but for transparency sake

November 8, 2024

The NSE IPO has experienced delays since it initially filed its draft red herring prospectus (DRHP) in 2016. This was met with objections due to the co-location scam, where certain brokers gained an unfair advantage by obtaining faster access to NSE’s systems, data, and trading facilities, disadvantaging the broader market.

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Sensex rises over 150 points, Nifty opens near 24,000 as US bonds yields slightly ease. Why is caution still warranted?

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