Ahead of IPO, NSE CEO Clarifies No Application to SEBI for Trading Shares on Own Platform

The National Stock Exchange (NSE) has confirmed that it has not applied to the Securities and Exchange Board of India (SEBI) to permit trading of its shares on its own platform, as per the CNBC-TV18 report.  

This announcement comes as NSE is preparing for its much-anticipated initial public offering (IPO), set to open for subscription from September 17 to 21, 2026.  

Anchor investor bidding will commence on September 16, 2026, with listing likely on September 24, 2026. 

NSE Prepares for Upcoming IPO with Clarification 

Ahead of the IPO, NSE’s managing director and CEO, Ashishkumar Chauhan, clarified that the exchange has no current plans to seek SEBI’s approval for trading its shares on its own platform. Chauhan emphasised their compliance with any regulatory requirements. The IPO issue is priced within a band of ₹1,700–₹1,785 per share. 

Impact of SEBI's Market Framework Changes 

Chauhan addressed the influence of SEBI’s recent market framework changes, noting that measures like the calibrated additional surveillance (CAS) have affected trading volumes. He reflected on past challenging measures from SEBI that eventually led to increased market participation and safety. 

NSE's Achievements and Financial Reporting 

As per the report, during a press conference held in Mumbai, Chauhan described the NSE as a technology-driven exchange that has grown into a comprehensive financial-market framework.  

As of March 2026, NSE reported a profit of ₹10,300 crore, which represents a 15% decrease from the previous year. However, revenue increased to ₹18,700 crore due to a strong rise in options trading. The NSE holds approximately 95% market share in cash equities and 75% in equity derivatives. 

Read More: Inside NSE’s DRHP: Pure 100% OFS Set for BSE Listing! 

NSE's Contributions to Global Derivatives Market 

NSE is recognised as the largest derivatives exchange globally by contracts traded and accounts for around 89% of global stock index options volume in 2025, as per data from the World Federation of Exchanges. Its growth reflects the broader financialisation trend in India, driven by higher national savings directed into capital markets. 

Conclusion 

The NSE’s preparation for its IPO, along with commercial strategy execution, illustrates a robust presence across different market segments, including cash equities, derivatives, and various asset classes. The revenue growth to ₹18,700 crore highlights the accelerated increase in options trading, while holding an influential global position in derivatives trading. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.