Did NSE Rank 4th Globally in IPO Fundraising for H1 2025, Raising $5.51 Billion?
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Synopsis
The National Stock Exchange (NSE) has claimed the fourth spot globally for IPO fundraising in H1 2025, with an impressive $5.51 billion raised. This performance sets the stage for its own anticipated public listing, with SEBI affirming there are no remaining barriers. Discover how this development might influence India's financial landscape.
Key Takeaways
- NSE ranks fourth globally in IPO fundraising.
- Raised $5.51 billion in H1 2025.
- Represents 8.9 percent of global IPO total.
- Awaiting No Objection Certificate from SEBI.
- Potential IPO could reshape India's capital markets.
Mumbai, July 14 (NationPress) The National Stock Exchange (NSE) has secured its position as the fourth-largest exchange worldwide concerning IPO fundraising in the first half of the calendar year 2025, according to a recent report released on Monday.
During this six-month span, NSE generated $5.51 billion through initial public offerings, representing 8.9 percent of the overall global IPO fundraising total of $61.95 billion, as per data compiled by S&P Global Market Intelligence.
The top three positions in the global IPO rankings were occupied by the Nasdaq Global Market, NYSE, and the Nasdaq Global Select Market, collectively raising $28.95 billion during the same period.
This impressive performance coincides with rising anticipation regarding NSE’s own public listing—a long-awaited initiative that could represent a milestone in India's capital markets.
SEBI Chairman Tuhin Kanta Pandey recently stated that there are “no obstacles” remaining for NSE to advance with its IPO plans.
Speaking at the FE CFO Awards in Mumbai last month, Pandey affirmed, “There is no obstacle that will remain in the case of NSE IPO,” though he did not provide a timeline when asked if it could occur before Diwali.
Previously, NSE Managing Director and CEO Ashish Kumar Chauhan mentioned that the exchange is awaiting a ‘No Objection Certificate’ (NOC) from SEBI.
Once the NOC is obtained, NSE will draft and submit its draft red herring prospectus (DRHP) to the market regulator.
“We will prepare our DRHP and send it back to SEBI. After that, they will take their time to approve it,” Chauhan informed IANS.
Delays in obtaining regulatory approval for the NSE IPO were initially attributed to legacy issues. However, recent comments from the SEBI Chairman and ongoing preparations by the exchange suggest a clearer path ahead.
While the spotlight remains on NSE’s IPO, SEBI has also intensified its scrutiny of the broader IPO market.
Point of View
The NSE's achievement reflects not only its strength in the financial arena but also signals growing investor confidence in India's market. With regulatory hurdles seemingly cleared, NSE's potential IPO could set a precedent for future listings, further establishing India as a vibrant hub for capital markets.
NationPress
14/07/2025
Frequently Asked Questions
What does NSE's IPO fundraising rank signify?
NSE's position as the fourth-largest exchange globally in IPO fundraising indicates its growing influence and trust in the financial markets.
How much did NSE raise in H1 2025?
NSE raised an impressive $5.51 billion through initial public offerings during the first half of 2025.
What is the significance of SEBI's approval for NSE?
SEBI's approval is crucial for NSE's IPO plans, as it validates the exchange's operational readiness and compliance with regulatory requirements.
Who is the chairman of SEBI?
The current chairman of SEBI is Tuhin Kanta Pandey.
What could NSE's IPO mean for India?
NSE's IPO could represent a historic moment, attracting more investments and enhancing India's reputation in the global financial landscape.
