
The Bombay Stock Exchange on Tuesday got a green signal from the Securities and Exchange Board of India (SEBI) to launch the much awaited Initial Public Offering (IPO). The BSE had filed the draft papers in September for an initial public offer. According to reports, uptoCDSL, backed by the Bombay Stock Exchange has plans of selling more than 3.5 crore shares through the IPO. The BSE is speculated to launch its initial share sale up toRs 1,500 crore.
Meanwhile, the NSE IPO is speculated to be the biggest in recent memory with a size that has been estimated to…