The National Stock Exchange (NSE) is reportedly seeking a valuation of up to $55 billion (approx. ₹5.26 lakh crore) for its upcoming initial public offering.
This valuation would make it the largest IPO in Indian history, following successful roadshows that demonstrated high institutional demand for the exchange's shares.
The NSE has begun the formal valuation exercise, with analysts describing the exchange as a 'cash generation machine' due to its dominant market position.