After years of anticipation, investors may finally get an opportunity to own a stake in the National Stock Exchange of India (NSE), with its proposed initial public offering (IPO) set to open for subscription on Thursday, September 17, 2026. Valued at Rs 22,561.57 crore, the IPO comprises an offer for sale of up to 12.64 crore equity shares.
In its red herring prospectus (RHP), NSE has highlighted its market leadership, scale, profitability, technology infrastructure and cash generation as key strengths. The exchange, however, has also flagged several risks, including dependence on trading volumes, regulatory changes and increased scrutiny.
