NSE's Mega IPO Takes Off: What The DRHP Reveals About India's Top Exchange

India's largest stock exchange, the National Stock Exchange (NSE), has finally filed its draft papers for what could become India's biggest-ever IPO. The nearly $3 billion issue will be a pure Offer for Sale (OFS), with major institutional shareholders including SBI set to pare stakes, while LIC has chosen not to sell. The DRHP highlights NSE's dominant position in India's capital markets and its status as the world's largest equity derivatives exchange by contracts traded.