India, Nov. 8 -- The road leading to the IPO (Initial Public Offering) of the National Stock Exchange (NSE) is getting de-clogged. The barriers and obstacles are slowly, but surely, disappearing. A few days ago, Tuhin Kanta Pandey, the head of market regulator, SEBI, reiterated that the IPO, which has been hanging in the dark night environment since 2016, will surely see the light of the day. When asked if the public issue will be launched during his tenure, he jokingly and sarcastically remarked, only if you do not want me to have a short one. There are other signs that the mists over the listing are lifting.

Several issues have bogged down the IPO over the past several years. In the recent past, legal hurdles have mounted, as the NSE w...