Last mentioned: 3d ago
Syndicate Finalized
NSE officially hires 20 bankers and 8 law firms to restart the IPO process.
Listing Day
Shares debut at a 13.5% premium and rally to a 19% gain by the close of trading.
Public Listing
NMC Green Bonds officially commence trading on the National Stock Exchange.
IPO Subscription Closes
The issue concludes with strong demand from institutional and retail investors.
IPO Subscription Opens
The ₹1,087-crore public issue opens for bidding across all investor categories.
Regulatory Approval
SEBI and MoHUA clear the issuance framework for Nashik's green debt.
Project Identification
NMC identifies key water and solar projects for green bond funding.
Regulatory Thaw
SEBI signals a more favorable outlook on NSE's compliance and governance.
SEBI Penalty
Regulator passed orders in the co-location case, delaying listing plans.
Initial DRHP Filed
NSE first filed for an IPO, which was later stalled by regulatory issues.
The National Stock Exchange of India (NSE) has finalized a massive syndicate of 20 merchant bankers and eight legal advisors to manage its highly anticipated initial public offering. This move signals a definitive end to years of regulatory delays and sets the stage for what could be one of India's largest-ever market debuts.
Sedemac Mechatronics shares listed on the NSE at a 13.54% premium before rallying further to close nearly 19% above the issue price. The successful debut of the ₹1,087-crore offering signals robust investor appetite for specialized mechatronics and powertrain control technologies.
The Nashik Municipal Corporation has successfully listed its inaugural public Green Municipal Bonds on the National Stock Exchange. This move marks a significant shift toward market-based financing for urban environmental projects in India's Tier-2 cities.