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National Stock Exchange of India Ltd

National Stock Exchange of India Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹1,785
₹1,785
GMP (Grey Market)
+₹59
+3.31%
Est. Listing Price
₹1,844
Based on GMP
Min. Investment
₹14,280
1 lot × 8 shares
Subscribed
0.85x
Under-subscribed
IPO Details
Open Date
17 Sep 2026
Close Date
21 Sep 2026
Allotment
22 Sep 2026
Listing Date
24 Sep 2026
Exchange
NSE & BSE
Price Band
₹1,785
Listing Price
See chart
Allotment Status
Price Band
₹1,785
Per share
Face Value
₹1 per share
 
Lot Size
8 Shares
per lot
Issue Size
14,89,05,525 shares (agg. up to ₹26,580 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,280
1 lot
Pre-IPO Holding
2,47,50,00,000 shares
Promoters
Post-IPO Holding
2,47,50,00,000 shares
Promoters
P/E (Pre)
42.89x
 
P/E (Post)
35.4x
 
EPS (Pre)
₹41.62
 
EPS (Post)
₹50.43
 
UPI Deadline
5:00 PM on 21 Sep 2026
Mandate
GMP
+₹59
+3.31% est.
Anchor AllotmentWed, 16 Sep 2026
Basis of AllotmentTue, 22 Sep 2026
Refund InitiationWed, 23 Sep 2026
Demat CreditWed, 23 Sep 2026
Listing DayThu, 24 Sep 2026
UPI Mandate Deadline5:00 PM on 21 Sep 2026
Sale TypeOFS only
Offer for Sale14,89,05,525 shares of ₹1 (agg. up to ₹[.] Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
National Stock Exchange of India Ltd IPO subscribed 0.85 times overall. Retail: 1.33x. QIB: 5.68x. NII: 6.43x. By 21 Sep 2026.
QIB
5.68x
Over
NII/HNI
6.43x
Over
Retail
1.33x
Over
Total
0.85x
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 5.68x
63,035,028
— ₹11,251.75
NII / HNI
Over 6.43x
18,910,510
— ₹3,375.53
Retail
Over 1.33x
44,124,520
— ₹7,876.23
Total 0.85x
366,592
100% ₹65.44
IPO Shares Offered
National Stock Exchange of India Ltd IPO total issue size: ₹65.44 Cr. Retail: ₹7,876.23 Cr. QIB: ₹11,251.75 Cr. NII: ₹3,375.53 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 63,035,028 ₹11,251.75
17,194.87%
NII 18,910,510 ₹3,375.53
5,158.46%
Retail 44,124,520 ₹7,876.23
12,036.41%
Total 366,592 ₹65.44
100.00%
* Based on upper price band ₹1,785 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) — — — — — 18,910,510 44,124,520 63,035,030
Allotment price (₹) 1,785 1,785 1,785 1,785 1,785 1,785 1,785 1,785
No. of applications — — — — — — — —
No. of shares applied — — — — — — — —
Amount collected (₹Cr) — — — — — — ₹7,876.23 ₹7,876.23
Times subscribed 5.68x — — — — 6.43x 1.33x 0.85x
Shares allotted — — — — — 18,910,510 44,124,520 63,035,030
No. of allottees — — — — — — — —
* Upper price band ₹1,785 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
8
Shares per Lot
Issue Price
₹1,785.00
Upper Band
Min Investment
₹14,280
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)216₹28,560
Retail (Max — 14 Lots)14112₹199,920
S-HNI (Min — 15 Lots)15120₹214,200
B-HNI (Min — 71 Lots)71568₹1,013,880
* Issue Price ₹1,785 × Lot Size 8 shares
IPO Schedule
Anchor
16 Sep 2026
✓ Done
IPO Open
17 Sep 2026
✓ Done
IPO Close
21 Sep 2026
✓ Done
Allotment
22 Sep 2026
✓ Done
Refunds
23 Sep 2026
✓ Done
Demat Credit
23 Sep 2026
✓ Done
Listing Day
24 Sep 2026
✓ Done
National Stock Exchange of India Ltd — Live Price LIVE
₹1,785.00
INR · BSE
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Issue ₹1,785.00 GMP: +₹59 Live Price
About National Stock Exchange of India Ltd
Incorporated in November 1992, National Stock Exchange of India Limited (NSE) is India's largest stock exchange and one of the world's leading multi-asset exchange platforms. NSE provides a vertically integrated ecosystem comprising trading, clearing, settlement, listing, market data, index services, and regulatory oversight across multiple asset classes, including equities, derivatives, currency derivatives, commodities, debt securities, and mutual funds.NSE has consistently maintained its leadership position in India in cash market turnover, equity derivatives trading, and currency derivatives trading. As of March 31, 2026, the exchange served over 253 million registered investor accounts, 129 million unique investors, 1,325 trading members, and 2,978 listed companies, with a total listed market capitalization of approximately ₹411 trillion. During Fiscal 2026, over ₹20.3 trillion was mobilized through its platform.The exchange operates on a highly scalable and resilient technology infrastructure that supports high-frequency trading, real-time market data dissemination, risk management, surveillance, and regulatory compliance. NSE plays a critical role in India's capital market ecosystem by promoting transparency, investor protection, efficient price discovery, and broad-based financial inclusion across more than 99% of Indian postal codes.As of March 31, 2026, NSE had 1,974 full-time employees, while its subsidiaries employed an additional 907 employees across technology, operations, risk management, compliance, and business functions.Key StrengthsLargest stock exchange in India across key trading segments.Leading global multi-asset exchange by equity derivatives trading volumes.Strong brand built on trust, transparency, and market integrity.Vertically integrated business model covering trading, clearing, settlement, and market data services.Advanced technology platform designed for scale, resilience, and security.Well-positioned to benefit from India's growing capital markets and investor participation.Strong network effects driven by investors, listed companies, and intermediaries.Comprehensive product offerings across multiple asset classes.Consistent profitability, cash generation, and financial performance.Experienced management team with strong governance and regulatory expertise.
National Stock Exchange of India Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹16,352.1
31 Mar 2024
₹19,176.8
31 Mar 2025
₹18,713.4
31 Mar 2026
Profit After Tax (PAT)
₹8,305.7
31 Mar 2024
₹12,187.7
31 Mar 2025
₹10,302.1
31 Mar 2026
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 18713.37 19176.83 16352.06
EBITDA 11097.90 12646.88 9869.81
Profit After Tax (PAT) 10302.06 12187.69 8305.74
Net Worth 31869.72 30165.05 23833.10
Total Assets 87937.44 69466.64 65463.98
Reserves & Surplus 31866.04 30105.83 23924.91
Borrowings 0.00 0.00 0.00
EBITDA Margin (%) 12.54 — —
PAT Margin (%) 58.78 — —
RoE
9.26
RoCE
11.55
RoNW
33.21
PAT Margin
58.78
EBITDA Margin
12.54
Issue Structure & Shareholding
Total Shares Offered12,64,36,651
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding2,47,50,00,000 shares
Post-Issue Promoter Holding2,47,50,00,000 shares
P/BV RatioN/A
RoE9.26
RoCE11.55
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Kotak Mahindra Capital Co.Ltd
Morgan Stanley India Co.Pvt.Ltd
HSBC Securities & Capital Markets (India) Pvt.Ltd
Avendus Capital Pvt.Ltd
Dam Capital Advisors Ltd.
HDFC Bank Ltd
IDBI Capital Markets & Securities Ltd
Motilal Oswal Investment Advisors Ltd
Pantomath Capital Advisors Pvt.Ltd
JM Financial Ltd
Citigroup Global Markets India Pvt.Ltd
JP Morgan India Pvt.Ltd
Anand Rathi Advisors Ltd
Axis Capital Ltd
Equirus Capital Ltd
ICICI Securities Ltd
IIFL Capital Services Ltd
Nuvama Wealth Management Ltd
360 One WAM Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much National Stock Exchange of India Ltd IPO subscribed? ▲

National Stock Exchange of India Ltd IPO is subscribed 0.85 times by Sep 21, 2026. Retail: 1.33x. QIB: 5.68x. NII: 6.43x.

Investor CategorySubscription
Qualified Institutional (QIB)5.68x
Non Institutional (NII/HNI)6.43x
Retail Individual1.33x
Total Subscription0.85x
What is National Stock Exchange of India Ltd IPO retail subscription status? ▼

The National Stock Exchange of India Ltd IPO retail category is subscribed 1.33 times as of 21 Sep 2026. The retail portion is oversubscribed.

How to subscribe National Stock Exchange of India Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 17 Sep 2026 and closes 21 Sep 2026. Min investment: ₹14,280 (1 lot = 8 shares). UPI mandate: 5:00 PM on 21 Sep 2026.

How many times National Stock Exchange of India Ltd IPO subscribed? ▼

The National Stock Exchange of India Ltd IPO subscribed 0.85x overall. QIB: 5.68x, NII: 6.43x, Retail: 1.33x. Applications: from NSE/BSE.

How to check National Stock Exchange of India Ltd IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://in.mpms.mufg.com/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 22 Sep 2026. Refunds: on 23 Sep 2026.

When National Stock Exchange of India Ltd IPO will be listed? ▼

The National Stock Exchange of India Ltd IPO listing date is 24 Sep 2026, Thursday. Listed on: NSE & BSE. Issue price: ₹1,785. Estimated listing: ₹1,844. GMP: +₹59.

When National Stock Exchange of India Ltd IPO close? ▼

The National Stock Exchange of India Ltd IPO closes on 21 Sep 2026, Monday. UPI mandate: 5:00 PM on 21 Sep 2026. Allotment: 22 Sep 2026. Listing: 24 Sep 2026.