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NSE Board approves IPO via OFS, forms a committee to drive listing process

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NSE Board approves IPO via OFS, forms a committee to drive listing process
The National Stock Exchange of India (NSE) on Friday said its governing board has approved plans to undertake an initial public offering (IPO) through an offer for sale (OFS) by existing shareholders.

NSE said the IPO will involve the listing of its equity shares on one or more recognised Indian stock exchanges, subject to applicable regulatory approvals, prevailing market conditions and other relevant factors.

The development comes soon after NSE recently received a no-objection from market regulator Sebi to proceed with its IPO, ending a decade-long wait for approval for its public issue.

As part of the listing preparations, the board also approved the reconstitution of its IPO Committee, which will carry out activities specifically delegated by the governing board for facilitating the IPO process.

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The reconstituted committee will be chaired by Tablesh Pandey and will include public interest directors Srinivas Injeti, Prof Mamata Biswal, Abhilasha Kumari, and Prof Sivakumar, along with NSE Managing Director and CEO Ashish Chauhan.


The committee is expected to serve as the central authority for the listing process, including defining listing procedures and establishing criteria for appointing merchant bankers and legal advisors required to draft the Red Herring Prospectus (DRHP).
The proposed IPO is expected to be among the largest in India’s capital markets, given NSE’s scale and dominance in the domestic equity derivatives market. NSE has around 1.77 lakh shareholders and is valued at over Rs 5 lakh crore in the grey market, according to various analysts.The listing is widely being watched as a landmark event for India’s capital markets ecosystem, given NSE’s role as the country’s largest stock exchange by volumes and its central position in the financial market infrastructure.

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Trump says he discussed Ukraine and Iran conflicts with Putin

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Trump says he discussed Ukraine and Iran conflicts with Putin


Trump says he discussed Ukraine and Iran conflicts with Putin

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Form 4 The Trade Desk For: 9 March

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Form 4 The Trade Desk For: 9 March

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National Bureau of Economic Research cuts ties with Larry Summers, WSJ reports

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National Bureau of Economic Research cuts ties with Larry Summers, WSJ reports


National Bureau of Economic Research cuts ties with Larry Summers, WSJ reports

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Repay Holdings Corporation (RPAY) Q4 2025 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Operator

Good afternoon, I’d like to welcome everyone to Repay’s Fourth Quarter 2025 Earnings Conference Call. This call is being recorded today, March 9, 2026.

I’d like to turn the session over to Stewart Grisante, Head of Investor Relations at Repay. Stewart, you may begin.

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Stewart Grisante
Head of Investor Relations

Thank you. Good afternoon, and welcome to Repay’s Fourth Quarter 2025 Earnings Conference Call. With us today are John Morris, Co-Founder and Chief Executive Officer; and Robert Houser, Chief Financial Officer.

During this call, we will be making forward-looking statements about our beliefs and estimates regarding future events and results. Those forward-looking statements are subject to risks and uncertainties, including those set forth in the SEC filings related to today’s results and in our most recent Form 10-K. Actual results may differ materially from any forward-looking statements that we make today.

Forward-looking statements speak only as of today, and we do not assume any obligation or intend to update them except as required by law. In an effort to provide additional information to investors, today’s discussion will also reference certain non-GAAP financial measures. Reconciliations and other explanations of those non-GAAP financial measures can be found in today’s press release and in the earnings supplement, each of which are available on the company’s IR site.

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With that, I will now turn the call over to John.

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Wolfe Research reiterates Vertex stock rating on IgAN trial data

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Wolfe Research reiterates Vertex stock rating on IgAN trial data

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Jefferies reiterates Woodward stock Buy rating on acquisition

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Jefferies reiterates Woodward stock Buy rating on acquisition

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Morgan Stanley cuts Global Business Travel stock price target on AI concerns

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Morgan Stanley cuts Global Business Travel stock price target on AI concerns

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Signet Jewelers at Citi’s 2026 Global Consumer & Retail Conference: Strategic Resilience

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Signet Jewelers at Citi’s 2026 Global Consumer & Retail Conference: Strategic Resilience

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PagSeguro Bets On Risky Credit, But The Stock Remains Attractive At 6x Earnings (PAGS)

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PagSeguro Bets On Risky Credit, But The Stock Remains Attractive At 6x Earnings (PAGS)

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Long-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive dynamics of the industries where they participate, and buying companies that we would like to hold independently of how the price moves in the future. Most QC calls will be holds, and that is by design. Only a very small fraction of companies should be a buy at any point in time. However, hold articles provide important information for future investors and a healthy dose of skepticism to a relatively bullish-biased market.Disclaimer: All of the author’s articles are written on an “as is” basis and without warranty. They represent the author’s opinion only and in no way constitute professional investment advice. It is the responsibility of the reader to conduct their due diligence and seek investment advice from a licensed professional before making any investment decisions. The author disclaims all liability for any actions taken based on the information contained in any articles published.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of PAGS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Why the price of oil matters more than you might think

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Why the price of oil matters more than you might think

A shock to oil supplies is rattling financial markets, driving up prices at the pump and raising fears of a bigger economic hit.

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