NSE IPO goes public. But not without baggage

After nearly a decade of delays, NSE has finally filed its DRHP — and it's not the clean victory-lap story everyone expected.In this episode, we break down what's really in the prospectus: a derivatives business that just lost majority market share to BSE for the first time ever, revenue and profit that both declined in FY26, a ₹1,491 crore settlement tied to the decade-old colocation scandal, and the irony of NSE listing on its biggest rival's exchange. For more, askfuzz.ai.