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Ahmedabad: The price of the National Stock Exchange (NSE) shares recently fell to Rs 100. It has reached a record high level of 2,200. The exchange has agreed to settle the case with the Securities and Exchange Board of India (SEBI) and revive the initial public issue (IPO) plan of Rs 1,000 crore. The impact of the news of being ready to give Rs 1,000 crore was seen.
NSE is the 11th most valuable company in India in terms of market capitalization. The price of which is 10 lakh rupees. This is 5.44 lakh crores. Reliance Industries Rs. It tops the list with Rs 19.2 lakh crore, followed by HDFC Bank and TCS. 14.7 lakh crores This includes Rs 12.6 lakh crore.
Rival BSE market capitalization is Rs 1,000 crore. 97,840 crores, which is less than the fifth of NSE. BSE share price is Rs. 2,400. The high demand for NSE shares in the gray market is due to BSE returns at the time of listing in 2017. The pre-IPO price of BSE was Rs. It was 200 rupees. Issue price Rs. Listing price on 806 and NSE. It was 1,069.
NSE has been trying to bring IPOs for the last decade. He first applied in 2016. However, their plans were engulfed in large numbers of controversies. Last week, SEBI chairman Tuhin Kant Pandey said that the regulator is working with exchanges to resolve various issues. This has hoped that NSE may be listed soon.
The exchange raised Rs 1,000 crore. 1000 in March 1000. It recorded an operational income of Rs 3,771 crore, compared to Rs 1,111 crore in the same quarter last year. 4,625 crores is Rs 18% lower on an annual basis.
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