The National Stock Exchange (NSE), the country’s largest stock exchange, reported strong financial performance in the first quarter (April-June) of the financial year 2026-27. The company recorded a net profit of ₹3,120 crore during this period, an increase of approximately 6.7 percent compared to the same period last year. NSE has benefited significantly from the steadily increasing trading activity in the stock market. Amid this strong performance, investors are now eyeing the company’s highly anticipated mega IPO, which is expected to launch in September 2026. NSE’s largest source of revenue is transaction fees charged on the purchase and sale of shares. Whenever an investor buys or sells shares, the exchange receives a fixed fee on each transaction. Between April and June, the market witnessed record trading, leading to a significant increase in NSE’s revenue.
The company’s total revenue increased by approximately 9 percent to ₹5,252 crore in the quarter. Of this, transaction fees alone generated ₹3,623 crore. The exchange also generated significant revenue from data services, market infrastructure, and other services. Growing investor participation and robust market activity have driven the company’s business to new heights. However, expenses also increased alongside revenue. NSE’s total operating expenses increased to ₹1,129 crore in the quarter, compared to ₹1,053 crore in the same period last year. Despite this, the company reported strong profits. NSE collected a total of ₹20,579 crore in taxes and other government fees, reflecting its significant contribution to the national economy.
Meanwhile, the most talked-about issue is NSE’s upcoming IPO. It’s believed this could be a mega-IPO worth around $3 billion, or approximately ₹30,000 crore. The company submitted IPO documents to the Securities and Exchange Board of India (SEBI) in June 2026. The market is now awaiting regulatory approval. Once approved, the IPO could be launched in September. The special feature of this IPO is that no new shares will be issued. It will be entirely an offer for sale (OFS) . This means the company will not raise new capital, but existing shareholders will sell some of their shares to public investors. The proceeds from the IPO will go directly to the investors who sold the shares.
The Life Insurance Corporation of India (LIC) holds the largest stake in NSE, holding approximately 10.72 percent of the shares. In addition, the State Bank of India (SBI), Bank of Baroda, and several foreign investors are also among the company’s major shareholders. It is believed that these institutions may sell a portion of their stake through the IPO. NSE’s strong financial performance and preparations for the mega IPO are considered a major opportunity for investors. If regulatory approval is received on time, this IPO, scheduled for September, could prove to be one of the most talked-about and largest public offerings of 2026. Therefore, stock market investors are now closely monitoring NSE’s next steps and the official announcement of the IPO.