NSE Secures 4th Spot Worldwide in H1 2025 IPO Fundraising with $5.5 Billion

In a significant achievement for India's markets, National Stock Exchange (NSE) has achieved the fourth spot in the world with respect to funds raised via initial public offerings (IPOs) in the first half of 2025, as per a new report unveiled on Monday.

Statistics from S&P Global Market Intelligence indicate that the NSE absorbed $5.51 billion in IPO funds in the period January to June, accounting for 8.9% of the worldwide total of $61.95 billion.

Leading positions were taken by American bourses: the Nasdaq Global Market, New York Stock Exchange (NYSE), and the Nasdaq Global Select Market. Together, they raised a sum of $28.95 billion during the same duration.

This remarkable performance by the NSE coincides with growing expectations around its own float—a step that could redefine India's financial sector.

In recent times, SEBI Chairman Tuhin Kanta Pandey signaled that there are no longer any regulatory hurdles left for the NSE to proceed with its plans for an IPO.

"there is no hurdle that will stay in the case of NSE IPO," Pandey had said last month at the FE CFO Awards in Mumbai. He, however, refused to make a deadline commitment when asked if the listing would be possible before Diwali.

Earlier, NSE Managing Director and CEO Ashish Kumar Chauhan had mentioned that the exchange is waiting for a No Objection Certificate (NOC) from SEBI before it can start the filing process.

We will draft our DRHP and return it to SEBI. Then they will take time to approve it," Chauhan said to IANS.

While regulatory setbacks due to past problems had held the process back earlier, recent comments from SEBI and continuing attempts by the exchange indicate that a public listing may be just around the corner.

Meanwhile, SEBI continues to tighten scrutiny across the IPO ecosystem, ensuring greater transparency and accountability in the market even as investor interest remains strong.