Archive · 11 Sep 2026
NSE Fixes IPO Price Band at Rs 1,700-1,785
The National Stock Exchange of India is planning to sell some of its shares to the public.
Each share will cost between Rs 1,700 and Rs 1,785.
Investors can apply from September 17 to September 21.
They must buy at least eight shares.
Existing shareholders, rather than NSE itself, are selling the shares.
This means NSE will not receive money from the IPO.
The shares are expected to begin trading on BSE Ltd on September 24, 2026.
Some unofficial market trading suggests the shares could open above the IPO price, but that is not guaranteed.
NSE set its IPO price band at Rs 1,700-1,785 per share, with bidding scheduled for September 17-21.
The issue is an offer for sale of 12,64,36,550 shares, representing nearly 5.11% of NSE.
At the upper price band, the IPO is valued at about Rs 22,568.92 crore, with proceeds going to selling shareholders.
The IPO reserves 50% for qualified institutional buyers, 15% for non-institutional investors and 35% for retail investors.
NSE shares are expected to list on BSE Ltd on September 24, 2026, while reported grey-market premium is Rs 190-200 per share.
- Who
- The National Stock Exchange of India and its existing shareholders, including State Bank of India and other institutional investors.
- What
- NSE announced an IPO price band of Rs 1,700-1,785 for an offer for sale of 12,64,36,550 shares.
- When
- Anchor-investor bidding is scheduled for September 16; public subscription is scheduled for September 17-21, with listing planned for September 24, 2026.
- Where
- NSE is based in Mumbai, and its shares are expected to list on BSE Ltd.
- Why
- Existing shareholders are selling nearly 5.11% of NSE after its listing plans received regulatory clearance; NSE itself will not receive the sale proceeds.
- Price band
- Rs 1,700-1,785 per share
- Minimum lot
- 8 equity shares; minimum upper-band bid amount of Rs 14,280
- Offer size
- 12,64,36,550 shares, or nearly 5.11% of NSE
- Offer type
- Entirely an offer for sale by existing shareholders
- Upper-band valuation
- Rs 22,568.92 crore, rounded in one report to Rs 22,569 crore
- Investor allocation
- 50% QIBs, 15% NIIs and 35% retail investors
- Expected listing
- September 24, 2026, on BSE Ltd
- Reported grey-market premium
- Rs 190-200 per share
