India, Jan. 12 -- The Securities and Exchange Board of India is set to issue an approval for the long awaited NSE IPO, thereby clearing the decks for the country's largest stock market to list on the exchanges.

The approval could come as early as this month. "We will soon issue a NOC (no objection certificate) to NSE, and after that they will start preparation," SEBI Chairman Tuhin Kanta Pandey told reporters in Chennai on Saturday, 10 January 2026.

The approval, which he said would be issued this month, will allow the NSE to prepare its IPO prospectus and is a crucial step in gaining IPO approval given the dispute between two sides.

The National Stock Exchange, which is also the world's most active derivatives exchange, has been in li...