NSE’s Valuation Pegged At Rs 4.7 Trn Ahead Of IPO

Mumbai: The IPO-bound NSE’s valuation jumped 201 per cent in 2024 to Rs4.7 lakh crore, a report said on Tuesday. The India’s largest equity bourse, which is reported to have restarted its listing process by applying for a no-objection from markets regulator Sebi, is already the 10th-most valuable private company in the country, as per the 2024 Burgundy Private Hurun India-500 list of listed as well as unlisted companies.

The valuation was pegged at Rs3.12 lakh crore, as per a September 2024 report. Another media report said the company, which also runs the world’s largest derivatives exchange, aims to sell 10 per cent of holding in the IPO. The overall revenues jumped 28 per cent to Rs16,352 crore in FY24, and the post-tax profit surged 51 per cent to Rs 8,306 crore.

The stock bourse had moved on the listing plans after getting some clarity on allegations of not allowing equitable access to its members. Hurun said it has travelled across the country and spoken with industry experts, journalists, bankers and accessed publicly available data sources, while arriving at the valuation for private or unlisted companies.