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BSE Files Papers with Sebi likely to launch IPO in December

BSE has filled the offer documents with capital market regulator SEBI in connection with its proposed IPO. Once BSE gets the node of SEBI they shall decide on other formalities.
 
The proposed IPO shall be by way of Offer for Sale and Equity Shares offered under therein shall be listed and traded on the platform of NSE, as the law does not allow self-listing. After listing the BSE will be the first stock exchange to become listed. The much awaited IPO is likely to launch in December raising an estimated 1300 Crores.
 
BSE has over 9,000 shareholders which have shown a robust response to the proposed offer for sale (OFS) public issue. NSE has also announced IPO plans and is likely to file for listing as early as next year.
 
For complete prospectus please visit below-mentioned link.
 
Keywords : BSE Files Papers with Sebi likely to launch IPO in December

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