India’s NSE Targets IPO in Seven to Eight Months, CNBC Says

The National Stock Exchange of India Ltd. plans to launch its initial public offering in the next seven to eight months, CNBC-TV18 reported, citing Chief Executive Officer Ashish Kumar Chauhan.

The exchange, having received approval from the market regulator, is working on preparing the draft red herring prospectus. The process would take about four months to prepare the document, followed by another two to three months to get regulatory approvals and launch the IPO, the channel cited Chauhan as saying.