BSE receives Sebi's nod for IPO
Indian Stock Exchange BSE on Tuesday received approval from the Securities Exchange and Board of India (Sebi) for its initial public offering (IPO).
Sebi grants approval for BSE IPO. With this IPO, the exchange plans to raise about Rs 1200 crore. Photo: Reuters
Rs 1 lakh in this stock returned Rs 1,27,000 in 7 hours today! Indian Stock Exchange BSE on Tuesday received approval from the Securities Exchange and Board of India (Sebi) for its initial public offering (IPO).
BSE on September 09, 2016 had filed a draft red herring prospectus (DRHP) with the market regulator for the IPO.
With this IPO, the exchange plans to raise about Rs 1200 crore.
Companies like Edelweiss Financial Services, Axis Capital, Jefferies, Nomura Finance, Motilal Oswal, SBI Cap, SMC Capital, Spark Capital and IIFL will act as the lead managers for this IPO.
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This firm enters in BSE SME platforms; listed at 20% premium.