Ahead of its much-awaited IPO, the board of the National Stock Exchange has decided that the public issue will be in the form of an offer for sale. The NSE's directors have also approved issuance of bonus shares–one share for every 10 shares held. The board has further decided on sub-division of shares of 10 rupees, each, into shares having a face value of one rupee, eachThe NSE plans to list in the country, and abroad. It will file its draft IPO papers with market regulator, SEBI for the domestic public issue by January 2017.The NSE's board has also declared an interim dividend of 79.50 rupees per share for 2016-17. The record date is October 17. The Bombay Stock Exchange has already filed its draft prospectus with SEBI to float an IPO.