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NSE IPO Closes Today: Subscription Status, GMP, Price, and Brokerage Recommendations
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News18•21-09-2026, 10:20
NSE IPO Closes Today: Subscription Status, GMP, Price, and Brokerage Recommendations
- •The National Stock Exchange (NSE) IPO closes today, September 21, with a subscription of 1.15x so far, receiving bids for 10.16 crore shares against 8.86 crore offered.
- •The IPO price band is set at Rs 1,700-Rs 1,785 per equity share, with the issue being an Offer For Sale (OFS) by existing shareholders, meaning NSE will not receive proceeds.
- •Anchor investors contributed Rs 6,746.2 crore, with 150 investors allotted shares at Rs 1,785 each, including major global and domestic participants like LIC, Goldman Sachs, and Fidelity.
- •The Grey Market Premium (GMP) for NSE IPO has moderated to around Rs 48 per share, indicating a potential listing premium of about 2.69% over the issue price.
- •Brokerages offer mixed views: Angel One and Geojit recommend 'Subscribe' for medium to long-term investors, citing NSE's dominant market position and growth potential, while Religare Broking assigns a 'Neutral' rating due to regulatory impacts and valuation.
Key Questions Answered
The NSE IPO price band is fixed at Rs 1,700 to Rs 1,785 per equity share with a face value of Re 1. The minimum bid is 8 shares, meaning an investment of Rs 14,280 at the upper price band. The total issue size stands at approximately Rs 22,561.57 crore and is entirely an offer for sale (OFS).
The three-day NSE IPO closes today, September 21, 2026, after opening on September 17, 2026. Following the share allotment process, the equity shares are proposed to be listed on both the BSE and NSE on Thursday, September 24, 2026.
The NSE successfully raised Rs 6,746.2 crore from anchor investors ahead of the public bidding. It allotted over 3.77 crore shares to 150 anchor investors at the upper end of the price band at Rs 1,785 per share.
