The long-awaited National Stock Exchange of India (NSE) IPO is set to make its stock-market debut on September 24, 2026, with the shares scheduled to list on the BSE. Ahead of the much-anticipated debut, the grey market indicates a 2.2% premium over the IPO’s upper price band of Rs 1,785 per share. The GMP has moderated from around 4% earlier, pointing to a relatively modest premium at listing.
The Rs 22,562-crore NSE IPO comprises entirely an offer for sale (OFS) of 12.64 crore shares. Since there is no fresh issue, NSE itself will not receive any proceeds from the IPO; the money raised will go to the existing shareholders selling their stakes. NSE had fixed the IPO price band at Rs 1,700–1,785 per share, with a lot size of eight shares.