NSE IPO
NSE opens for subscription on 17 Sept 2026 and closes on 21 Sept 2026, at a price band of ₹1,700 – ₹1,785 with a lot of 8 shares. Listing is expected on 24 Sept 2026.
Updated 22 Oct 2026
Important dates
Opens
17 Sept 2026
Closes
21 Sept 2026
Allotment
22 Sept 2026
Listing
24 Sept 2026
IPO details
| Price band | ₹1,700 – ₹1,785 |
|---|---|
| Lot size | 8 shares |
| Minimum investment | ₹14,280 |
| Issue size | ₹22,561.57 crore |
| Face value | ₹1 per share |
| Board | Mainboard |
| Listing at | BSE, NSE |
| Retail quota | 35% |
| EPS | ₹41.62 |
| RoNW | 33.21% |
Grey market premium (GMP)
Last reported GMP: ₹40 (2.2%), an unofficial estimated listing price near ₹1,825 or about ₹320 per lot.
GMP is unregulated grey market chatter, not an exchange price, and it often swings or turns out wrong on listing day. SEBI cautions investors against relying on it. Read the GMP explainer.
Subscription status
Subscribed 5.69 times overall at the last update.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0.19× | 0.71× | 0.43× | 0.42× |
| Day 2 | 1.32× | 1.46× | 0.69× | 1.04× |
| Day 3 | 12.68× | 6.54× | 1.36× | 5.69× |
How many lots can you apply for?
At the upper price band. Retail bids go up to ₹2 lakh, small NII (sHNI) above ₹2 lakh up to ₹10 lakh, and big NII (bHNI) above ₹10 lakh.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 8 | ₹14,280 |
| Retail (max) | 14 | 112 | ₹1,99,920 |
| sHNI (min) | 15 | 120 | ₹2,14,200 |
| sHNI (max) | 70 | 560 | ₹9,99,600 |
| bHNI (min) | 71 | 568 | ₹10,13,880 |
See IPO categories explained for how allotment works in each.
Company financials (₹ crore)
| Year | Revenue | Expenses | Profit after tax |
|---|---|---|---|
| FY24 | 16,352.06 | 3,608.79 | 8,305.74 |
| FY25 | 19,176.83 | 4,806.29 | 12,187.69 |
| FY26 | 18,713.37 | 5,999.9 | 10,302.06 |
About NSE
NSE was founded in 1992 and known as the stock exchange by SEBI in April 1993. NSE started operations in 1994 along with the wholesale debt market afterward, let the market known as stock buy and sell. The National Stock Exchange (NSE) is an important institution with global recognition. It is a reliable market organization known for maintaining high standards of corporate governance.
Moreover, the NSE is considered a substantial exchange and a main for driving India’s economic growth. NSE has one of the largest derivatives markets in the world, trading options and futures on indices, stocks, and other securities. This platform is a strong state-of-the-art technology that provides high levels of robustness, safety, and resilience. This is for trading and investment opportunities for all kinds of investors.
Objects of the issue
- To be updated soon
Allotment status and registrar
MUFG Intime India Private Limited is the registrar. After 22 Sept 2026, check your status with your PAN or application number on the registrar's site or the BSE/NSE allotment pages.
Registrar contact: 91 810 811 4949 · nse.ipo@in.mpms.mufg.com
Lead managers and offer documents
- Kotak Mahindra Capital
- JM Financial
- Axis Capital
- IIFL Capital Services
- Motilal Oswal Investment Advisors
- ICICI Securities
- SBI Capital Markets
- Nuvama Wealth Management
- HDFC Bank
- Avendus Capital
- Morgan Stanley India
- Citigroup Global Markets India
- JPMorgan India
- HSBC Securities India
- IDBI Capital
- 360 ONE WAM
- Anand Rathi Advisors
- DAM Capital Advisors
- Pantomath Capital Advisors
- Equirus Capital
NSE IPO: FAQs
When does the NSE IPO open and close?
The NSE IPO opens on 17 Sept 2026 and closes on 21 Sept 2026.
What is the NSE IPO price band?
The price band is ₹1,700 – ₹1,785 per share (face value ₹1).
What is the NSE IPO lot size?
One lot is 8 shares, so the minimum investment is ₹14,280 at the upper price band.
When is the NSE IPO allotment date?
Allotment is expected on 22 Sept 2026. Check the status on the registrar's site (MUFG Intime India Private Limited) or the BSE/NSE allotment pages using your PAN.
When will NSE shares list?
Listing is expected on 24 Sept 2026 on BSE, NSE.
What is the NSE IPO GMP today?
The grey market premium was about ₹40 (2.2%) when this page was last updated, implying an unofficial estimated listing near ₹1,825. GMP is unregulated and can change quickly; do not rely on it.
Details are compiled from the offer documents and exchange disclosures via IPOWatch and may change or contain errors; verify in the RHP and on BSE/NSE before applying. This page is for information only and is not a recommendation to apply. Neminath Traders is not a SEBI-registered investment adviser. Read how to apply for an IPO.