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NSE IPO GMP Falls to Rs 48, Subscription to Close Shortly
C
CNBC Awaaz•21-09-2026, 16:59
NSE IPO GMP Falls to Rs 48, Subscription to Close Shortly
- •NSE IPO's Grey Market Premium (GMP) recorded at Rs 48 on September 21, the lowest in 18 sessions.
- •According to InvestorGain, the estimated NSE IPO listing is Rs 1,833 based on the upper price band of Rs 1,785.
- •On the second day, the NSE IPO received a total subscription of 1.10 times; by 4:45 PM on the last day, it was subscribed 5.66 times.
- •The QIB portion of the NSE IPO has been subscribed 12.68 times, and the retail portion 1.31 times.
- •The IPO opened on September 17 and closes on September 21; it is entirely an Offer For Sale (OFS) by existing shareholders.
Key Questions Answered
By 4:45 PM on the final day of bidding, the NSE IPO achieved a total subscription of 5.66 times.
The price band for the NSE IPO was fixed between Rs 1,700 and Rs 1,785 per share, and the issue was entirely an Offer For Sale (OFS) by existing shareholders.
On September 21, the final day of the issue, the Grey Market Premium for the NSE IPO dropped to Rs 48, representing the lowest level recorded across the previous 18 sessions.
