The National Stock Exchange (NSE) is coming out with an initial public offering (IPO) to raise around Rs 22,569 crore. The issue will open on September 17, 2026 and will close on September 21, 2026. It has fixed a price band of Rs 1,700-1,785 per share.
The IPO will be entirely an offer for sale (OFS) of up to 12.64 crore equity shares by existing shareholders, compared with 14.9 crore shares planned earlier. The reduction in the OFS size has brought down the overall issue size from the initial estimate of Rs 30,000 crore. At the lower end of the price band, the issue is estimated at Rs 21,494 crore, while at the higher end, it will be around Rs 22,569 crore, falling short of becoming India's largest-ever public offering. Since the issue is entirely an OFS, the proceeds from the share sale will accrue to the selling shareholders and not to NSE.
National Stock Exchange of India operates a vertically integrated stock exchange - where it offers a simple, integrated platform for trading, clearing, listing and other services such as data feed services, data terminal services and licensing services. It offers a diversified range of products across multiple asset classes, including cash market, futures, options, mutual funds platform, commodity derivatives, exchange-traded currency derivatives, wholesale debt market and interest rate futures, among others.
