NSE m-cap nears Rs 6 lakh crore, IPO likely to be India's largest

NSE Valuation Nears ₹6 Lakh Crore, Set to Launch India’s Biggest IPO.

Expert Analysis :

• Valuation Surge: NSE’s stock has jumped nearly 60% in 15 days, rising from ₹1,500 to ₹2,400, valuing the exchange at ₹5.88 lakh crore based on 24.50 crore outstanding shares.

• IPO Potential: At current valuation, a 10% equity dilution could raise approximately ₹55,000–₹60,000 crore through the primary route.

• Record-Breaking IPO: If current valuation holds, NSE’s IPO could become India’s largest ever, surpassing Hyundai Motor India’s ₹28,870 crore record, as per market experts.

• Expert View – ProfitMart: Avinash Gorakshakar of ProfitMart Securities expects NSE’s IPO to be India’s biggest, citing its strong cash flow and significant growth potential driven by low capital market penetration over the next 5 years.

• Unlisted Market Rally: NSE’s unlisted shares are soaring due to strong financial performance, solid market share, new ISIN-driven retail interest, and robust global positioning.

• Industry Pioneer: Simranjeet Singh Bhatia of Almondz Global highlights NSE as a pioneer in India’s financial landscape and the largest global exchange by daily order volume and trades.

• Global Rankings: NSE is the largest derivatives exchange and second largest equity exchange by trade volume worldwide, ranked fifth globally by market capitalization, placing it among India’s top-10 most valued companies, ahead of Bajaj Finance and Hindustan Unilever.