The National Stock Exchange of India (NSE) has officially launched its initial public offering (IPO) for public subscription today, September 17, 2026, representing one of the most significant public share offerings in India’s history.
The IPO features a price range of ₹1,700 to ₹1,785 per equity share, with an offer for sale (OFS) consisting of up to 12.64 crore shares from existing shareholders. As this is solely an OFS, NSE will not receive proceeds from the share sale.
The subscription window will remain open until September 21. The tentative date for allotment is September 22, with NSE shares anticipated to commence trading on the Bombay Stock Exchange (BSE) on September 24. Retail investors can submit a minimum application for 8 shares, equating to an investment of ₹14,280 at the upper limit of the price range.
Prior to the public offering, NSE successfully secured ₹6,746.18 crore via its anchor book from 189 institutional investors. This anchor allocation included prominent domestic and global investors, with shares issued at ₹1,785 each.
On the opening day, early bidding indicated active participation from both institutional and non-institutional investors, in addition to retail demand. According to Reuters, by 10:20 AM IST, the issue had received bids for approximately 0.09 times the total shares available, with subscription levels reportedly rising throughout the morning session.
The latest unofficial grey-market premium (GMP) was observed at around ₹125 per share on the morning of September 17. It is important to note that GMP is an unofficial metric subject to change prior to listing and does not guarantee the final listing price or returns.
For real-time updates on the IPO, including the latest GMP, subscription data, and allotment status, investors can visit the following links:
- Latest GMP: IPO GMP
- Subscription Figures: Subscription Data
- Allotment Status: Allotment Information
- IPO Details: NSE IPO Details