NSE IPO: Nilesh Shah explains why the exchange is a proxy for India’s financialisation wave

NSE’s IPO marks a landmark moment for India’s capital markets, with strong participation from retail and institutional investors. Envision Capital’s Nilesh Shah sees the exchange as a compelling proxy for India’s financialisation wave, pointing to low equity ownership and limited allocation of household savings to equities. NSE MD and CEO Ashish Chauhan highlighted the importance of listing public institutions, while Sohum Asset Managers’ Sanjay Parekh and Axis Capital’s Atul Mehra outlined the growth runway and broader expansion of India’s IPO market.