Stories
NSE IPO Listing Tomorrow: GMP at Rs 59, Estimated Listing Price Revealed.
- •The Initial Public Offering (IPO) of the National Stock Exchange (NSE) is set to list on September 24, 2026.
- •One day before listing, on September 23, the Grey Market Premium (GMP) of NSE IPO fell to Rs 59.
- •Based on the upper price band of Rs 1,785, the estimated listing price is Rs 1,844, indicating a premium of approximately 3.31 percent.
- •The IPO received a total subscription of 5.71 times during its three-day bidding process.
- •The entire NSE IPO was an Offer for Sale (OFS), involving the sale of 12.64 crore equity shares.
Key Questions Answered
The National Stock Exchange (NSE) IPO is scheduled to list on the stock market on September 24, 2026. One day prior to the listing, its Grey Market Premium (GMP) dropped to Rs 59, indicating an estimated listing price of Rs 1,844 based on the upper price band of Rs 1,785.
The NSE IPO closed with a total subscription of 5.71 times during its bidding process. Specifically, the Qualified Institutional Buyers (QIB) portion was subscribed 12.68 times, Non-Institutional Investors (NII) received 6.55 times, and the retail investor portion saw a 1.39 times subscription.
The entire NSE IPO is structured as an Offer for Sale (OFS) involving 12.64 crore equity shares, meaning no new shares were issued and NSE will not receive any proceeds from the offering. After deducting issue-related expenses, all the raised funds will go directly to the existing shareholders who are selling their shares.
