BSE receives Sebi's nod for IPO

Indian Stock Exchange BSE on Tuesday received approval from the Securities Exchange and Board of India (Sebi) for its initial public offering (IPO). 

BSE on September 09, 2016 had filed a draft red herring prospectus (DRHP)  with the market regulator for the IPO. 

With this IPO, the exchange plans to raise about Rs 1200 crore. 

Companies like Edelweiss Financial Services, Axis Capital, Jefferies, Nomura Finance, Motilal Oswal, SBI Cap, SMC Capital, Spark Capital and IIFL will act as the lead managers for this IPO.