Thursday, June 21, 2018
News

NSE expects to get listed by FY19

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Kolkata | Thursday, 2018 3:15:04 PM IST
The National Stock Exchange of India Limited (NSE) is hoping to launch its initial public offer in the current fiscal after resolving all related issues, an official said here on Thursday.

The bourse is also considering tweaking its SME platform to create a segment for the start-up community, the official said.

"We will get the issues resolved and it will be behind us. My hope is we will be able to list this fiscal," NSE Managing Director and CEO Vikram Limaye said here.

He said Indian listing environment is now very different from what it was 10 years ago. Start-ups in the technology sphere that want list now have credible options.

"My hope is over next 12-24 months, there will be more technology listings in India," he said at an interactive session organised by Indian Chamber of Commerce.

"There was a dedicated platform for technology listing which has not really picked up... we are looking into what can be done to facilitate listings from regulatory perspective and how that platform can be made," he said.

Limaye further said: "Start-ups can also be listed on SME exchange depending on the nature of start-ups. One of the things that we are looking at is rather than having one more platform, (whether it) is possible to create a segment in NSE Emerge which has potentially some additional tweaking of the regulations that cater to start-up community," he said.

He said there was more than 150 initial public offers on its SME platform, NSE Emerge, and a number of SMEs are likely to get listed over the next 12 months.

--IANS bdc/pgh/ vm

( 279 Words)

2018-06-14-14:56:07 (IANS)

Watch News Videos

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
TRENDING TOPICS
 
 
 
CITY NEWS
MORE CITIES
 
MORE BUSINESS NEWS
Global tariffs on metals must to pre-emp...
Chinese FDI to US declined 30% in 2017, ...
May faces down rebel MPs, wins vote for ...
Microsoft acquires AI startup to fuel AI...
Bank Of Maharashtra CMD arrested in Rs 3...
Financial experts of Modi government fed...
More...
 
INDIA WORLD ASIA
KTR inspects Hyderabad Metro works from ...
Two notorious criminals arrested from Pu...
South Central Railway to run 26 special ...
Maha state power utility to give high vo...
Apollo celebrate 1,000 bone marrow trans...
Problems of farmers in Tripura are diffe...
More...    
 
 Top Stories
Yoga one of most powerful unifying ... 
Chinese FDI to US declined 30% in 2... 
SRK wraps up shooting for 'Zero'... 
Peru, Japan observe 4th Internation... 
Pak Army chief prays for Kulsoom Na... 
4th International Yoga Day: 8 poses... 
Official proclamation not needed to... 
Russia warns of action against NATO...