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BSE gets SEBI’s approval for its Rs 1,300 crore IPO
Jan-04-2017

Bombay Stock Exchange (BSE), Asia’s oldest bourse has received approval from Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). The draft offer document was cleared on December 30.

The IPO size is estimated at about Rs 1,300 crore with a stake-sale of up to 30 per cent or over 2.9 crore shares of face value Rs 1 each, through the offer-for sale (OFS) route. Singapore Exchange, Acacia Mauritius and Quantum (M) will exit the bourse.

 

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