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Company Profile

Incorporated in 1992, National Stock Exchange of India Limited (NSE) is India’s largest stock exchange and a premier global multi-asset platform. It operates a vertically integrated ecosystem offering trading, clearing, settlement, listing, market data, index services, and regulatory oversight across equities, derivatives, commodities, currency, debt securities, and mutual funds, covering over 99% of Indian postal codes.

NSE holds a near-monopoly position in Indian capital markets. As of March 31, 2026, its total turnover market share stood at 99.79% in the cash market, 74.71% in equity futures, 99.48% in equity options, and 100% in currency options (by premium turnover). As of June 30, 2026, NSE supported over 261.36 million registered investor accounts, 129 million unique investors, 1,328 trading members, and 3,005 listed companies with a total market capitalization of approximately ₹474.08 trillion.

Powered by a highly scalable technology infrastructure supporting high-frequency trading and real-time risk surveillance, NSE also generates non-trading revenue through key subsidiaries: NSE Clearing Ltd. (holding Fiscal 2026 market shares of 88.42% in cash, 91.04% in equity derivatives, and 74.09% in exchange-traded derivatives), NSE Indices Ltd., NSE Data and Analytics Ltd., NSE International Exchange, and auxiliary services including mutual fund registries and corporate governance support.

For the year/period ended (Rs. in Cr.)

For year/ period ended ( in Cr.)

*Market cap @upper band

• Market leader in India – a liquid market for all stakeholders.
• Well positioned to benefit from India’s structural growth tailwinds.
• Strong brand synonymous with trust, efficiency and transparency, across its trading platform as well as clearing, settlement and market supervisory role
• Track record of comprehensive and innovative offerings delivered through a vertically integrated business model.
• Technology platform built for scale and resilience.
• Comprehensive product offerings across multiple asset classes.
• Consistent profitability, cash generation, and financial performance.
• Experienced management team with strong governance and regulatory expertise.

The Company NATIONAL STOCK EXCHANGE OF INDIA LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

• Carry out the Offer for Sale
• Achieve the benefits of listing the equity shares on BSE.

At the upper band of IPO Rs. 1785, the stock is valued at 35.4 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.