NSE files for IPO

National Stock Exchange (NSE), India's largest bourse in terms of trading turnover and volumes, has filed the long-awaited draft prospectus with the markets regulator to go public through an IPO that could be worth about Rs.10,000 crore. This will be the country's largest IPO in the last six years since Coal India's Rs.15,400-crore offer in November 2010, the largest ever in the country . A total of 11.14 crore shares, translating to about 22.5% of NSE's equity capital, will be sold. This will give it a valuation of about Rs.45,000 crore (a little over $6 billion).

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