The National Stock Exchange is likely to price its IPO at around Rs 1,800 per share or slightly above, people familiar with the matter said, as India’s largest bourse moves closer to its long-awaited market debut after receiving Sebi approval. The company will likely announce the price band on September 15, according to a person aware of the development.
If everything goes as per the schedule, the IPO is likely to open around September 18, while listing may occur around September 25, the people said. The final dates and price band will be announced after the company files its red herring prospectus.