NSE IPO

NSE IPO is a book build issue of Rs 22,561.57 crores. The issue is entirely an offer for sale of 12.64 crore shares of Rs 22,561.57 crore. NSE IPO opens for subscription on Sep 17, 2026 and closes on Sep 21, 2026. The allotment for the NSE IPO is expected to be finalized on Sep 22, 2026. NSE IPO will list on the BSE with a tentative listing date fixed as Sep 24, 2026. NSE IPO is set issue price band at Rs 1,700 to Rs 1,785 per share. The lot size for an application is 8 shares. The minimum amount of investment required by an individual investor (retail) is Rs 14,280 (8 shares) (based on upper price). Kotak Mahindra Capital Co.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

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NSE IPO Details

Check out the issue details for NSE IPO as disclosed in SEBI.

IPO Price

₹ 1785

Price Band

₹ 1700 - 1785

Issue Size

22,652.00 Cr.

Issue Type

Book Built

Open

2026-09-17

Close

2026-09-21

Listing price

₹ 1800

Listing Gain

0.84%

Listing Date

2026-09-24

CMP

₹ 1792.65

Current Return

0.43%

Company Financials

You can get the following financial statements of NSE as of now.

NSE IPO Details

The details about the NSE IPO are as follows:

  • The issue size of the IPO is Rs 22,561.57 Cr.
  • The price band for NSE IPO is Rs 1,700 to Rs 1,785.
  • The shares of NSE IPO will list on BSE.
  • The latest tentative GMP of NSE IPO is Rs 67.
  • The shares of NSE IPO are subscribed 5.71 Times.

 

NSE IPO Valuation

The approximate valuation of NSE IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 1,785
Existing Shares (Qty) 247.5 Cr
Fresh Issue Rs 0 Cr
Market Cap Rs 441787.5 Cr
EPS (FY25) Rs 41.62
PE Ratio 42.88x
Industry PE 54.28x

 

NSE IPO Issue Size

NSE IPO issue size is Rs 22,561.57 Cr.

Issue Amount
Fresh Issue Rs 0 Cr
Offer For Sale Rs 22,561.57 Cr

 

NSE IPO Market Lot

An individual can apply for a minimum of 1 lot of 8 shares and a maximum of 14 lots (112 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 8 Rs 14,280
Retail Maximum 14 112 Rs 1,99,920

 

NSE IPO Share Offer

The shares of NSE IPO are subscribed 5.71 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

NSE IPO GMP (Grey Market Premium)

As on GMP (Tentative)
Sep 18, 2026 Rs 67

NSE IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

NSE IPO Dates

Find below the dates for NSE IPO

Schedule Date
Basis of Allotment 22 Sep 2026
Refunds 23 Sep 2026
Credit to Demat Account 23 Sep 2026
IPO Listing Date 24 Sep 2026

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 7762.8 11181.03 13510.54 15433 14914.44
Total Expenditure 2021.06 2975.89 5794.74 3813.29 4473.96
Operating Profit 5741.74 8205.14 7715.8 11619.71 10440.48
Other Income 621.8 1549.5 1454.09 4394.09 2223.89
Interest 0 0 10.26 1380.4 835.88
Depreciation 259.72 302.21 338.99 427.09 474.8
Exceptional Items 0 0 0 0 1272.5
Profit Before Tax 6103.82 9452.43 8820.64 14206.31 12626.19
Provision for Tax 1482.71 2219.53 2185.33 2960.61 3253.27
Net Profit 4621.11 7232.9 6635.31 11245.7 9372.92
Adjusted EPS (Rs.) 1.87 2.92 2.68 4.54 3.79

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 49.5 49.5 49.5 247.5 247.5
Total Reserves 11498.3 16626.91 19312.28 25940.28 26674.88
Borrowings 0 0 0 0 0
Other N/C liabilities 198.74 232.77 341.34 629.28 640.04
Current liabilities 4975.14 3910.01 7517.84 6958.89 7864.61
Total Liabilities 16721.68 20819.19 27220.96 33775.95 35427.03
Assets
Net Block 1004.74 961.97 1014.95 1446.77 1345.85
Capital WIP 69.55 45.94 18.74 1.99 168.47
Intangible WIP 52.5 34 48.71 42.87 47.73
Investments 3752.06 5356.99 9778.46 9244.29 7544.33
Loans & Advances 1462.55 1091.87 1205.72 2006.74 2134.11
Other N/C Assets 105.93 395.44 990.31 1425.53 644.16
Current Assets 10274.35 12932.98 14164.07 19607.76 23542.38
Total Assets 16721.68 20819.19 27220.96 33775.95 35427.03
* Other Non-current Liabilities include Net deferred Liabilities

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2026 0 0
Sep 2018 38.25 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 6103.82 9452.43 8820.64 14206.31 12626.19
Adjustment -381.69 -978.09 -1157.56 -3953.04 -2934.17
Changes in Assets & Liabilities 60.2 -1646.08 4149.44 -433.68 816.46
Tax Paid -1346.91 -2027.97 -2614.01 -2800.54 -3148.99
Operating Cash Flow 4435.42 4800.29 9198.51 7019.05 7359.49
Investing Cash Flow -3136.25 -2154.68 -5021.87 -3304.36 1491.57
Financing Cash Flow -1236.02 -2094.41 -3990.59 -4523.43 -8802.53
Net Cash Flow 63.15 551.2 186.05 -808.74 48.53
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