Pending — not yet graded
“Neutral on NSE's IPO listing performance regarding its 100% Offer For Sale (OFS) structure. He believes the OFS structure should not be seen as an overhang because NSE is a mature, cash-generating business, making fresh capital less central to the investment thesis. Listing performance will depend more on entry valuation, earnings visibility, and demand.”
NSENeutralCalled 18 Sep 2026
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