National Stock Exchange (NSE) is the leading stock exchange in India and the fourth largest in the world by equity trading volume in 2015, according to WFE. NSE has a fully-integrated business model comprising exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings.
Globally, NSE is ranked first among exchanges in terms of stock index option and currency option trading volumes in 2015, according to WFE. NSE is also ranked second among exchanges globally in terms of single stock future contracts trading volume and currency future contracts trading volume in 2015.
NSE began operations in 1994 and has ranked as the largest stock exchange in India in terms of total turnover and average daily turnover (ADT), for equity shares every year since 1995. It has leading market shares by total turnover of 85% in equity cash trading, 94% in equity derivatives trading, 59% in currency derivatives trading, 79% in interest rate derivatives trading, 77% in ETFs trading, 80% in corporate bonds trading for fiscal 2016, according to the Oliver Wyman Report.
There were 1,822 companies with a combined market capitalization of INR108,660,631.3 million listed on its equity cash market as of 30 September 2016. Trading in the cash market represented 5.7% and 5.2% of total trading volume on the exchange in fiscal 2016 and the six months ended 30 September 2016, respectively.
The derivatives market offers trading in various forms of derivatives, such as futures and options on stocks and domestic and global indices, currency futures and options and interest rate futures. Trading in derivatives represented 94.3% and 94.8% of total trading volume on the exchange in fiscal 2016 and the six months ended 30 September 2016, respectively.
|NSE IPO details|
|Subscription Dates||To be updated|
|Price Band||To be updated|
|Offer For Sale||111,411,970 shares|
|Total IPO size||To be updated|
|Minimum bid (lot size)||To be updated|
|Face Value||INR1 per share|
NSE Limited’s consolidated financial performance (in INR crore)
|Profit after tax||976.7||669.3||648.0||991.8||985.4|
NSE IPO Subscription Details
|Category||Shares offered||Subscription (no. of times)|
|Day 1||Day 2||Day 3|
IPO Opening Date: To be updated
IPO Closing Date: To be updated
Finalisation of Basis of Allotment: To be updated
Initiation of refunds: To be updated
Transfer of shares to demat accounts: To be updated
Listing Date: To be updated
Listing Price on NSE: To be updated
Closing Price on NSE: To be updated