BSE eyes IPO listing

BSE eyes IPO listing


The country’s premier bourse, Bombay Stock Exchange is preparing for an initial public offer (IPO) of shares in order to reduce its over-reliance on revenues from cash equity trading.

“We are in a preparatory stage for a listing,”  BSE Chief Executive Madhu Kannan said at the Reuters India Investment Summit here on Tuesday.

However, Kannan did not give a time frame for the listing saying “We are getting internally ready but the timeframe is something difficult to predict.”

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