Sebi ‘close’ to approving NSE IPO: Tuhin Kanta Pandey

SEBI chairman Tuhin Kanta Pandey indicated the regulator is close to approving the NSE IPO, which targets around 30,000 crore through an offer for sale of 148.9 million shares representing a 6 percent stake. NSE filed its DRHP in June and is aiming for a mid-September launch with a possible listing by 25 September. Separately, SEBI said no immediate changes are planned to the closing auction session framework despite recent criticism over unpredictable price swings.