The National Stock Exchange (NSE) IPO concluded with a robust 5.69 times subscription, positioning it as India's second-largest public issue after Hyundai Motor India's offering in 2024. Investor demand was strong across segments, with Qualified Institutional Buyers (QIBs) subscribing 12.68 times, non-institutional investors 6.54 times, and retail investors 1.36 times.

The National Stock Exchange (NSE) IPO concluded with a robust 5.69 times subscription, positioning it as India's second-largest public issue after Hyundai Motor India's offering in 2024. Investor demand was strong across segments, with Qualified Institutional Buyers (QIBs) subscribing 12.68 times, non-institutional investors 6.54 times, and retail investors 1.36 times.

The National Stock Exchange (NSE) IPO concluded with a robust 5.69 times subscription, positioning it as India's second-largest public issue after Hyundai Motor India's offering in 2024. Investor demand was strong across segments, with Qualified Institutional Buyers (QIBs) subscribing 12.68 times, non-institutional investors 6.54 times, and retail investors 1.36 times.

The Rs 22,569-crore initial public offering of the National Stock Exchange of India (NSE) received 5.69 times subscription on the final day of public bidding. After Hyundai Motor India's Rs 27,870-crore IPO in 2024, NSE IPO is the country's second-largest public issue.

Subscription details:

 Qualified Institutional Buyers (QIBs) garnered 12.68 times subscription, while the portion for non-institutional investors was subscribed 6.54 times. The quota for retail investors received 1.36 times subscription. Overall, NSE IPO received 5.69 times subscription from investors.

The IPO comprises an Offer for Sale (OFS) of up to 12.64 crore equity shares by existing shareholders. Since the offering is entirely an OFS, proceeds from the share sale will accrue to existing shareholders, not the NSE.

Latest GMP details:

As per various market reports and analysts, the latest grey market premium (GMP) of NSE IPO is around Rs 61, hinting at a listing gain of 3.5 per cent.

NSE IPO price band and issue details

The NSE IPO has a price band of ₹1,700 to ₹1,785 per equity share. The issue size is approximately ₹22,562 crore, making it one of India's largest public offerings.

The IPO is structured as an Offer for Sale (OFS), meaning existing shareholders will sell their shares.

The minimum lot size is eight shares, requiring a minimum investment of ₹14,280 at the upper price band from investors.

Key NSE IPO details:

IPO opening date: September 17, 2026

IPO closing date: September 21, 2026

Price band: ₹1,700–₹1,785

Lot size: 8 shares

Minimum investment: ₹14,280

Expected listing date: September 24, 2026

Issue type: Offer for Sale

About NSE IPO:

National Stock Exchange (NSE) has a large registered investor base and a broad capital-market platform covering trading, clearing, listing and related services.

The company also provides index services, market data, analytics, news and information services, data feeds, data terminal services and licensing services, as per Groww.