3 hrs ago
NSE Sets IPO Price Band, Dates and Stake Sale Details
The National Stock Exchange of India is offering some existing shares to the public.
It will not receive money from this sale because current investors are selling their shares.
Each share will cost between Rs 1,700 and Rs 1,785.
Investors must buy at least eight shares.
The IPO will be open from September 17 to September 21.
The shares are expected to list on BSE Ltd on September 24, 2026.
The offer is divided among large institutions, other wealthy investors, and retail investors.
A grey-market premium suggests some investors expect the shares to list above the IPO price, but this is not guaranteed.
NSE set its IPO price band at Rs 1,700-1,785 per share, with a minimum lot size of eight shares.
The September 17-21 IPO is entirely an offer-for-sale of 12,64,36,550 shares, representing about 5.11% of NSE.
At the upper price band, the offer is valued at Rs 22,568.92 crore, with proceeds going to existing shareholders.
Retail investors receive 35% of the net offer, while qualified institutional bidders receive 50% and non-institutional investors 15%.
NSE is expected to list on BSE Ltd on September 24, 2026, with a reported grey-market premium of Rs 190-200 per share.
- Who
- The National Stock Exchange of India and its existing shareholders are involved in the IPO.
- What
- NSE announced a price band of Rs 1,700-1,785 per share for an offer-for-sale of 12,64,36,550 shares.
- Where
- The Mumbai-based NSE is expected to list its shares on BSE Ltd.
- When
- Bidding is scheduled for September 17-21, with listing planned for September 24, 2026.
- Why
- Existing shareholders are selling about 5.11% of NSE; the company itself will not receive IPO proceeds.
Key facts
- Price band
- Rs 1,700-1,785 per share
- Minimum lot
- 8 equity shares
- Offer size
- 12,64,36,550 shares, or about 5.11% of NSE
- Offer type
- Entirely an offer-for-sale by existing shareholders
- Upper-band value
- Rs 22,568.92 crore
- Investor allocation
- 50% QIBs, 15% NIIs and 35% retail investors
- Expected listing
- September 24, 2026, on BSE Ltd
- Reported GMP
- Rs 190-200 per share
Sources
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