Big Dispute Between NSE and SEBI? | NSE IPO Coming Soon?
Do you know that there is a big issue going on between NSE and SEBI? NSE created a high-tech trading system where some people got the chance to place their servers close to trading computers. This gave them an unfair advantage, known as the co-location scam.
Since 2015, NSE has been dealing with the co-location case. In 2019, SEBI said to withdraw the DRHP (Draft Red Herring Prospectus) and make a new filing until the investigation is settled. Because of this, NSE's IPO was delayed.
Now NSE is saying that these issues are almost resolved. The People Activism Forum said that there is no obstacle to listing NSE shares because SEBI's ban ended in October 2019. Now, they are just waiting for the court's green signal. If the IPO comes, it will be very beneficial for existing investors!
For more information about NSE's Pre-IPO shares, contact us at the given number @ 7065560002.
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