NEW DELHI: India's largest stock exchange, the National Stock Exchange (NSE), has opened its much-awaited IPO for investors. The application process for the IPO began on September 17 and will continue until September 21, 2026. NSE has set a price band of ₹1,700 to ₹1,785 per share for the IPO.
The issue is entirely an Offer for Sale (OFS). This means that the money raised through the IPO will not go to NSE; instead, existing shareholders will sell their shares. The total issue size is around ₹22,568.94 crore.
NSE's Strong Market Share
According to data for the three-month period ended June 2026, NSE had a 93.05% share of India's cash market, while its share in equity futures stood at 99.72%. NSE's share in equity options was 68.48%.
According to NSE, as of June 2026, the number of its unique registered investors had crossed 13.23 crore.
Key IPO Details
IPO Size: ₹22,568.94 crore
Price Band: ₹1,700–₹1,785 per share
IPO Opening Date: September 17, 2026
IPO Closing Date: September 21, 2026
Lot Size: 8 shares
Minimum Investment: ₹14,280
Allotment: September 22, 2026
Potential Listing: September 24, 2026
Listing Exchange: BSE
Investor Interest Continues on the Second Day
Bidding for the NSE issue continued on the second day of the IPO on September 18. According to NSE data, by 10:30 am, the issue had been around 50% subscribed.
Investors should note that investment in an IPO is subject to market risks. Before applying, it is important to carefully read the IPO's Red Herring Prospectus (RHP) and the company's financial and risk-related information.
