The SEBI and the National Stock Exchange (NSE) are very close to settling issues and legal cases that were hindering the IPO of the exchange, according to SEBI chairman Tuhin Kanta Pandey.
SEBI and the NSE have arrived at a final settlement amount. This box has been ticked and most others are in the process of being finalised. If they get the no-objection certificate (NoC), NSE could look at an IPO by December or even before.