Established in 1992, National Stock Exchange is India’s largest exchange with its unlisted stocks available for purchase on the Minance Private Market.
National Stock Exchange is reportedly the world’s second-largest exchange due to the number of trades conducted through it each day. It was recognized by SEBI as an exchange in 1993 and launched electronic screen-based trading in 1994, and derivatives trading, and internet trading in 2000.
NSE operates on a fully-integrated business model of trading services, exchange-listings, market data feeds, financial education offerings, clearing and settlement services, and technology solutions. Apart from all these activities, it also oversees compliance by trading and clearing members and listed companies with the rules and regulations. NSE runs on the aim of improving the financial well-being of people and to establish a global presence.
The exchange has maintained its investor relations for 25 years with some big names in the financial industry, which creates goodwill for its unlisted stocks. NSE established NSE Indices as a subsidiary, a joint venture with CRISIL in 1998. NSE Indices became a wholly-owned subsidiary in 2013, post the acquisition of a 49% stake by CRISIL. Further to expand its line of business, NSE Infotech was incorporated in 2006, another wholly-owned subsidiary for IT research and development.
In May 2020, NSE announced the launch of its Gold Options in the commodity derivatives segment, as “Gold Mini Options”. The exchange has received SEBI approval on ‘Options’ in goods contracts on the underlying gold spot price for trading in the commodity derivatives segment, a great value enhancer for NSE’s unlisted stocks.
Furthermore, the NSE has approached SEBI for its Initial Public Offering and plans to launch its unlisted stocks in the public issue by September 2020, with all the approvals from market regulators, a great time to invest in NSE’s unlisted stocks and gain a huge premium prior to IPO launch.