MSEI IPO expected date - any updates?

chethan

User: UnlistedTrader_Mumbai
Subject: MSEI IPO expected date - any updates?
Has anyone heard anything about MSEI IPO launch date? I have been reading online that they were planning IPO in May 2025 but nothing happened. The company raised 238 crores from Zerodha, Groww and other brokers in December so when will they actually file DRHP with SEBI? Getting impatient now.

chethan

Reply by: IPO_Tracker_Delhi
IPO was expected in May but got deferred due to unknown reasons, probably due to continued declining performance affecting valuation. Company has not filed DRHP yet with SEBI so no official timeline. My guess is they want to show 1-2 quarters of better financial performance before going public. With recent fundraise and SX40 weekly expiry starting, they might file DRHP by end of 2025 or early 2026.

chethan

Reply by: Market_Realist
Dont hold your breath for IPO anytime soon bro. MSEI reported loss of ₹34.22 crore in FY25 though it reduced from ₹48.74 crore loss in FY24. Which investor will subscribe to IPO of loss making exchange? They need to first become profitable or atleast break even. NSE is still unlisted and much bigger than MSEI, so no hurry.