Bengaluru: India’s capital market is seeing a sharp expansion in participation, with more retail investors and new-age companies joining the market ecosystem, creating fresh opportunities for fundraising and wealth creat…

Bengaluru: India’s capital market is seeing a sharp expansion in participation, with more retail investors and new-age companies joining the market ecosystem, creating fresh opportunities for fundraising and wealth creation. Sriram Krishnan, Chief Business Development Officer, NSE, said there is significant room for growth in capital market participation, given that only 7 per cent of the population invests in the capital markets, compared to 56 per cent in the US.Speaking at a press briefing about the National Stock Exchange of India’s IPO, which will open for subscription on September 17 and close on September 21, he said new-age companies should come to the capital market.”They have world-class products. They can sell these in other countries too. But they have raised money through private investors, and they think that coming to the public market is a lot of additional burden,” he said.He added that India’s story looks very attractive for investors and that Indians are increasingly investing their savings in financial assets. “Also, the middle-income group is expanding massively. We have seen more people opting for financial products instead of gold or real estate. India is also a startup powerhouse, the third-largest startup ecosystem in the world. We have gone ahead of developed countries as far as digitalisation is concerned. For all these reasons, India will do well, and the theme of financialisation is already doing well,” he added.NSE has fixed the price band at Rs 1,700 to Rs 1,785 per equity share. The IPO, with a face value of Re 1, is an offer-for-sale of up to 12,64,36,650 equity shares by corporate selling shareholders — State Bank of India, Canada Pension Plan Investment Board, Aranda Investments (Mauritius) Pte Ltd, MS Strategic (Mauritius) Ltd, The New India Assurance Company Ltd, SBI Capital Markets Ltd, Bank of Baroda, Stock Holding Corporation of India Ltd, General Insurance Corporation of India Ltd, and United India Insurance Company Ltd.The issue is being made through the book-building process, in line with SEBI ICDR Regulations, with not more than 50% reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for Retail Individual Investors (RIIs), NSE said.NSE began operations in 1994, and its unique registered investor base has grown at a CAGR of 26.23% from 30.87 million as of March 31, 2020, to 132.37 million as of June 30, 2026, while the aggregate market capitalisation of listed entities on its platform grew at a CAGR of 25.89% during the same period. In the three months ended June 30, 2026, and in Fiscal 2026, the company enabled capital mobilisation of over Rs 1.29 lakh crore and Rs 4.78 lakh crore in equity capital and facilitated total fund mobilisation of Rs 6.19 lakh crore and Rs 20.33 lakh crore through its platform, respectively. Its revenue from operations was Rs 4,560 crore for the June 2026 quarter as compared to Rs 4,032 crore a year earlier. Its net profit was Rs 3,121 crore in the June 2026 quarter as compared to Rs 2,811 crore a year earlier.

Source: Deccan Herald