National Stock Exchange of India

National Stock Exchange of India

LISTED

IPO Date: 17 Sept - 21 Sept 2026

Listing Date: 24 Sept 2026

Price Range

₹1700 to ₹1785

Issue Size

22562 Cr

Min Investment

₹13,600

Min Application

8 Shares

View IPO Document

Schedule of National Stock Exchange of India

  1. Issue open date

    17 Sept 2026

  2. Issue close date

    21 Sept 2026

  3. UPI mandate deadline

    21 Sept 2026 (5 PM)

  4. Allotment finalization

    22 Sept 2026

  5. Share credit

    23 Sept 2026

  6. Listing date

    24 Sept 2026

  7. Mandate end date

    6 Oct 2026

Issue size

Funds Raised in the IPOAmount
Overall22562 Cr
Fresh Issue0 Cr
Offer for Sale12.64 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date22 Sept 2026
Allotment Link{Link}

Grey Market Premium

New

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIPO PriceGMPEst. Listing Price
24 Sept 2026Latest₹1785₹40₹1825(+2.24%)
23 Sept 2026₹1785₹40₹1825(+2.24%)
22 Sept 2026₹1785₹46₹1831(+2.55%)
21 Sept 2026₹1785₹65₹1850(+3.64%)
20 Sept 2026₹1785₹48₹1833(+2.69%)
19 Sept 2026₹1785₹55₹1840(+3.08%)
18 Sept 2026₹1785₹113₹1898(+6.33%)
17 Sept 2026₹1785₹146₹1931(+8.18%)
16 Sept 2026₹1785₹145₹1930(+8.12%)
15 Sept 2026₹1785₹160₹1945(+8.96%)
14 Sept 2026₹1785₹208₹1993(+11.65%)
13 Sept 2026₹1785₹210₹1995(+11.76%)
12 Sept 2026₹1785₹208₹1993(+11.65%)
11 Sept 2026₹1785₹218₹2003(+12.21%)
10 Sept 2026₹1785₹192₹1977(+10.76%)
9 Sept 2026₹1785₹0₹1785(0%)
8 Sept 2026₹1785₹0₹1785(0%)
7 Sept 2026₹1785₹0₹1785(0%)
6 Sept 2026₹1785₹0₹1785(0%)
5 Sept 2026₹1785₹0₹1785(0%)
4 Sept 2026₹1785₹0₹1785(0%)

Performance National Stock Exchange of India

Issue PriceListing GainCurrent Market PriceP/L
₹1700 to ₹1785....₹ 1763.5-1.20%

About National Stock Exchange of India

The National Stock Exchange of India Limited (NSE) is one of India’s leading market infrastructure institutions, providing electronic trading, clearing, settlement and listing services across multiple asset classes. Established as a technology-driven exchange, NSE operates markets covering equities, equity derivatives, debt, currency and other financial products. Its business generates revenue mainly through transaction charges, while listing services, clearing and settlement, data feeds, connectivity, data-centre services and index licensing provide additional revenue streams. NSE also operates through subsidiaries covering clearing, indices, data and analytics, technology, education and international exchange activities.

Founded in1992
Managing directorSrinivas Injeti
Parent organization

Financial Overview

Strengths

4
  1. 1

    Strong market position. NSE has a significant position in India's equity and derivatives markets and reported being the world's largest derivatives exchange by number of contracts traded in FY2025.

  2. 2

    Technology-driven infrastructure. Its electronic trading platform and investments in technology, surveillance and risk-management systems support high-volume market operations.

  3. 3

    Diversified revenue streams. Although transaction charges are the largest revenue source, NSE also earns from listing, clearing, connectivity, data feeds, data-centre services and index licensing.

  4. 4

    Broad ecosystem. Through subsidiaries such as NSE Clearing, NSE Indices, NSE Data & Analytics and NSE Academy, the group has expanded beyond the core exchange business.

Risks

4
  1. 1

    Regulatory dependence. NSE operates in a highly regulated financial-market environment, and changes in SEBI regulations, trading rules or fee structures can affect its business.

  2. 2

    Market-volume dependence. Transaction-based revenue is linked to trading activity; lower market participation, volatility or trading volumes can affect revenue.

  3. 3

    Technology and cybersecurity risk. As an electronic market infrastructure institution, system failures, cyberattacks or technology disruptions could affect trading operations and market confidence.

  4. 4

    Competitive and concentration risk. NSE's revenue remains significantly dependent on transaction charges; its FY2025 consolidated revenue mix showed transaction charges at about 71%, making the business sensitive to changes in trading activity and pricing.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)12.68
Non-Institutional Investors (NIIs)6.55
Retail Individual Investors (RIIs)1.39
Employee2.4
Total5.71