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NSE IPO Listing Signals Flat Gains as GMP Stays Mild

NSE IPO Listing Signals Flat Gains as GMP Stays Mild
NSE IPO Listing Today: What Does Latest GMP Indicate? Know Expected Listing Gain · news18.com

The National Stock Exchange offered shares to the public through an IPO.

Many investors applied, so the issue was subscribed 5.71 times.

The shares are expected to begin trading on the BSE on September 24.

In unofficial grey-market trading, the shares were priced about ₹40 above the IPO price.

This suggests the shares could list near ₹1,825 instead of ₹1,785.

That would be a small gain of about 2.24%.

However, grey-market prices can change and do not guarantee the actual listing price.

NSE also reported better revenue and profit in the first quarter of fiscal 2027.

Key facts

IPO size
₹22,561.57 crore
Subscription
5.71 times overall; QIB 12.68 times, NII 6.55 times, and retail 1.39 times
IPO price
₹1,785 per share
Latest GMP
₹40 per share, or 2.24%
Indicative listing price
Approximately ₹1,825 per share
Q1 FY27 revenue
₹4,560 crore, up 13.1% year on year
Q1 FY27 net profit
₹3,121 crore, compared with ₹2,811 crore a year earlier

Sources

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