Archive · 11 Sep 2026
NSE Sets ₹1,700–₹1,785 Price Band for September IPO
The National Stock Exchange, or NSE, is preparing to sell shares to the public.
Each share will cost between Rs 1,700 and Rs 1,785.
People can begin applying on September 17, while special early investors can bid on September 16.
The application window will close on September 21.
Investors must buy at least eight shares at a time.
This means one lot will cost between Rs 13,600 and Rs 14,280.
Existing investors are selling the shares, so NSE itself will not get money from the sale.
The shares are proposed to be listed on the Bombay Stock Exchange.
The National Stock Exchange of India has set its IPO price band at Rs 1,700–Rs 1,785 per share.
The IPO will open for subscription on September 17 and close on September 21; anchor bidding begins September 16.
Investors must bid for at least eight shares, requiring Rs 13,600 at the lower band or Rs 14,280 at the upper band.
The issue is an offer for sale of up to 12.64 crore shares, so NSE will not receive the IPO proceeds.
Up to 50% of the issue is reserved for qualified institutional buyers, at least 15% for non-institutional investors and at least 35% for retail investors.
- Who
- The National Stock Exchange of India, existing selling shareholders and prospective investors.
- What
- NSE has fixed the price band for an IPO at Rs 1,700–Rs 1,785 per equity share.
- When
- Anchor bidding is scheduled for September 16; public subscription runs from September 17 to September 21.
- Where
- The IPO was launched in Mumbai, and the shares are proposed to be listed on the Bombay Stock Exchange.
- Why
- The issue is entirely an offer for sale by existing investors, meaning NSE will not receive proceeds from it.
- Issuer
- National Stock Exchange of India
- Price band
- Rs 1,700–Rs 1,785 per share
- Issue valuation
- Up to Rs 22,563 crore at the upper price band
- Subscription period
- September 17–21; anchor bidding on September 16
- Minimum lot
- Eight shares
- Minimum investment
- Rs 13,600 at the lower band or Rs 14,280 at the upper band
- Offer structure
- Offer for sale of up to 12.64 crore shares
- Proposed listing
- Bombay Stock Exchange
