India's NSE launches IPO to sell 4% of equity, raising over $2.4 billion.

India's National Stock Exchange (NSE) has launched its initial public offering (IPO) by issuing an offer-for-sale notice to existing shareholders. Eligible investors must hold shares since June 15, 2025, and submit expressions of interest by April 27, 2026. The exchange has appointed 20 merchant bankers—the highest number for any Indian IPO—and aims to raise over Rs 20,000 crore by selling 4% to 4.5% of its equity.