NSE IPO to Open on September 17; Price Band Fixed at ₹1,700–₹1,785

Bengaluru, September 15: National Stock Exchange of India Limited (NSE) has fixed the price band for its much-awaited Initial Public Offering (IPO) at ₹1,700 to ₹1,785 per equity share of face value ₹1. The IPO will open for subscription on September 17 and close on September 21, 2026, with anchor investor bidding scheduled for September 16.

Investors can bid for a minimum of eight equity shares, with subsequent bids required to be made in multiples of eight shares.
The IPO is an Offer for Sale (OFS) of up to 126,436,650 equity shares by existing corporate shareholders, including State Bank of India, Canada Pension Plan Investment Board, Aranda Investments (Mauritius) Pte Ltd, MS Strategic (Mauritius) Ltd, The New India Assurance Company, Bank of Baroda and other institutional shareholders.

The issue will be conducted through the book-building process under SEBI regulations. Up to 50% of the issue will be available for Qualified Institutional Buyers (QIBs), at least 15% for Non-Institutional Investors (NIIs), while a minimum of 35% will be reserved for Retail Individual Investors (RIIs).

Strong Market Position
Established in 1994, NSE pioneered electronic, screen-based trading in India and has since developed an integrated ecosystem covering trading, clearing and settlement, listings, indices and market data.

NSE continues to maintain a dominant position across major asset classes. During FY2026, it commanded a 92.99% share of India’s cash market turnover, while its market share stood at 99.79% in equity futures and 74.71% in equity options based on premium turnover, according to the Redseer Report.

The exchange has also witnessed rapid growth in its investor base. Its unique registered investors increased from 30.87 million in March 2020 to 132.37 million by June 2026, representing a CAGR of 26.23%.

Strong Financial Performance
NSE reported ₹4,560 crore revenue from operations for the quarter ended June 2026, compared with ₹4,032 crore in the corresponding period last year. Net profit increased to ₹3,121 crore, from ₹2,811 crore a year earlier.
The exchange processed an average of 12.46 billion messages daily between April 2024 and June 2026, highlighting the scale and technological strength of its trading infrastructure.

The equity shares are proposed to be listed on BSE. The IPO is subject to regulatory approvals, market conditions and other applicable considerations.

Investors have been advised to carefully study the Risk Factors and the Red Herring Prospectus (RHP) before making any investment decision, as equity investments carry a high degree of risk.

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