New Sebi chairperson was turning point for NSE IPO: Ashishkumar Chauhan

NSE debuted on Dalal Street with shares opening at around Rs 1,800 and closing at Rs 1,817 on BSE, delivering a listing premium of Rs 15 to share allottees. The IPO raised about Rs 23,000 crore by selling a 5.1 percent stake (126.4 million shares), smaller than Hyundai Motor India's Rs 27,000-crore debut. CEO Ashishkumar Chauhan said the appointment of new Sebi chairperson Tuhin Kanta Pandey in March 2025 was the turning point, leading to a Rs 1,300-crore settlement in January 2026. Weekly options contribute around 42 percent of NSE's transaction revenue, with the remainder from monthly futures and options.