Landmark NSE IPO Threatens to Hollow Out India Shadow Market

NSE IPO threatens India's unlisted share boom, with half of trades at risk

The unlisted market gained popularity as India recorded consecutive records in IPO proceeds over the past two years.

Landmark NSE IPO threatens to hollow out India shadow market

The National Stock Exchange's upcoming IPO will significantly boost India's primary market. This listing is expected to cause a major decline in the booming unlisted shares trade. Platforms facilitating these transactions must now find new investment opportunities. Wealthy individuals and funds previously bet on companies in the listing pipeline. The unlisted market saw growth with companies like Sterlite Electric and Garuda Aerospace.

GMP signals strong debut for NSE, ending big IPO slump

NSE shares are commanding a grey market premium of Rs 218 or 12% in the unofficial market as of Monday, according to market observers.

NSE has priced everything except itself

By going in for listing, NSE offers investors an asset whose returns follow the market’s activity rather than its direction

NSE IPO: Why shareholders cut stake sales despite strong listing expectations

Lower-than-expected IPO valuation and potential future gains made it more lucrative for shareholders to hold onto shares.

National Stock Exchange of India set for landmark IPO, impacting unlisted shares

India's National Stock Exchange plans a landmark IPO raising up to ₹22,568 crore, set to reshape unlisted shares trading and boost primary market