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Shortly after, a Reuters report stated that the National Stock Exchange (NSE) had written to the Ministry of Finance over a delay in its proposed IPO, the bourse came forward and denied any such move.

On its X handle, the bourse came up with the clarification which said, " Denial of a Reuters Story on NSE IPO.  A news agency - Reuters has published a story that NSE has sought intervention from Government relating to NSE IPO. The story is denied by NSE."

NSE has not had any correspondence with Government of India in last 30 months relating to its IPO, it added.Clarification - Denial of a Reuters Story on NSE IPO

A news agency - Reuters has published a story that NSE has sought intervention from Government relating to NSE IPO.

The story is denied by NSE.

NSE has not had any correspondence with Government of India in last 30 months…

— NSE India (@NSEIndia) May 8, 2025

The bourse was also learned to have mentioned a 'no objection' certificate application lying pending with the capital market regulator- Securities and Exchange Board of India (SEBI), according to the report. The exchange applied for the same in its recent application in March.

In April, SEBI's Chairman Tuhin Kanta Pandey on NSE's IPO stated that the watchdog will use its best judgment to arrive at a reasonable solution for the problems facing the National Stock Exchange's (NSE) initial public offering (IPO). Its goal will be to see it through, he added.

The news comes days after the exchange reported its financial results for the quarter as well as the year ended March 31. 

Last year, NSE restarted the process of its long-pending IPO. The public issue, if approved, will allow big investors in the exchange, including the likes of LIC, Morgan Stanley and Canada Pension Investment Plan Board among others find a route to exit after years.

The issue could be one of the country's largest IPOs so far. 

NSE, the world's largest derivatives exchange by volume, first applied for an IPO in 2016 but has failed to obtain regulatory approvals on the back of pending legal cases and governance issues. 

On Tuesday, NSE reported a 30 per cent year-on-year decline in its consolidated profit to Rs 2,650 crore for the January-March period.

The exchange's total income increased 17 per cent to Rs 19,177 crore, it said in a statement. 

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