The National Stock Exchange (NSE) of India has issued a formal denial of a Reuters report claiming that the exchange had approached the finance ministry to resolve a long-standing deadlock with SEBI over its initial public offering (IPO).
According to the Reuters article published earlier, NSE was said to have sought the government’s help to move forward with its IPO plans, which have been delayed since 2016 due to pending legal cases and governance concerns. Reuters cited unnamed sources with direct knowledge of the matter.
However, NSE took to social media to refute the claims. In its official clarification, NSE stated:
“A news agency – Reuters has published a story that NSE has sought intervention from the Government relating to NSE IPO. The story is denied by NSE. NSE has not had any correspondence with Government of India in the last 30 months relating to its IPO.”
Clarification – Denial of a Reuters Story on NSE IPO
A news agency – Reuters has published a story that NSE has sought intervention from Government relating to NSE IPO.
The story is denied by NSE.
NSE has not had any correspondence with Government of India in last 30 months…
— NSE India (@NSEIndia) May 8, 2025
The clarification categorically states there has been no communication between NSE and the government concerning the IPO during the past two and a half years.
NSE, one of the world’s largest derivatives exchanges, has been attempting to go public since 2016. While its rival BSE is already listed, NSE’s plans have remained in limbo amid regulatory scrutiny.
This clarification comes amid increasing interest in NSE’s market status and the broader implications of a potential IPO listing.
