NSE IPO opens on 17 September: price band, dates and lot size

The National Stock Exchange of India Ltd is set to open its IPO for subscription on September 17, 2026. The price band is fixed at ₹1,700 to ₹1,785 per share, with a lot size of 8 shares. This article covers the NSE IPO dates, price band, lot size, issue size, GMP and other key details.

NSE IPO opens for subscription on September 17 and closes on September 21, 2026. NSE IPO price band is ₹1,700 to ₹1,785 per share, and 1 lot contains 8 shares. At the upper price band, the minimum application amount is ₹14,280. This public issue is entirely an offer for sale by existing shareholders.

The following table covers the main details of the NSE IPO.

The issue is a book-built IPO and consists entirely of an offer for sale (OFS). There is no fresh issue of shares, so NSE will not receive fresh capital from the IPO. The proceeds from the OFS will go to the existing selling shareholders, after applicable expenses and taxes.

The NSE IPO will be open for public subscription for 3 days. Anchor investor bidding is scheduled for September 16, before the public issue opens.

The NSE IPO price band has been fixed at ₹1,700 to ₹1,785 per share. The lot size is 8 shares, and further bids have to be made in multiples of 8 shares.

At the upper price band, the calculation for one lot is: 8 shares x ₹1,785 = ₹14,280

At the lower price band, one lot would cost ₹13,600.

The minimum application amount of ₹14,280 is therefore based on the upper end of the price band.

The NSE IPO comprises 12,64,36,650 equity shares offered by existing shareholders. There is no fresh issue.

At the upper price band of ₹1,785, the total offer value works out to about ₹22,568.94 crore. The number of shares offered was reduced from the earlier proposal of around 14.9 crore shares.

Since the IPO is an OFS, NSE itself will not receive the IPO proceeds. The selling shareholders will receive the proceeds from the shares they sell, after applicable expenses and taxes.

NSE IPO GMP is ₹198 per share as of September 15, 2026. Against the upper price band of ₹1,785, this represents an unofficial premium of about 11.09%.

GMP, or grey market premium, is an unofficial market indicator. It is not regulated by the stock exchanges and can change before listing. It should not be treated as a guaranteed listing price or return.

The NSE IPO shares are proposed to be listed on the BSE. The expected listing date is September 24, 2026.

The IPO marks NSE's move from an unlisted company to a listed company. The RHP contains detailed information about the company's business, financial results, risks and the selling shareholders.

The price band, lot size, and GMP only cover some parts of an IPO. Investors can also read the RHP to understand the company's business, financial position, risks, and the terms of the offer.

The NSE IPO is entirely an OFS. This is important because an OFS does not raise fresh capital for the company. The money from the shares sold goes to the existing shareholders instead.

GMP can also change between the IPO period and listing. It is therefore better treated as an unofficial grey-market indicator rather than a measure of the actual listing price.

The NSE IPO will open on September 17, 2026, and will close on September 21, 2026. The price range will be ₹1,700 to ₹1,785 per equity, and the lot size will be 8 Shares/Lot. At the upper price band, one lot requires ₹14,280. The issue is entirely an OFS of 12,64,36,650 shares.

The securities named here are mentioned only to explain market developments and are not a recommendation to buy, sell, or hold them.

Ans. The NSE IPO opens for subscription on September 17, 2026, and closes on September 21, 2026.

Ans. The NSE IPO price band is ₹1,700 to ₹1,785 per share. The upper price band is used to calculate the minimum investment for one retail lot.

Ans. The NSE IPO lot size is 8 shares. At the upper price band of ₹1,785, one lot requires a minimum investment of ₹14,280.

Ans. The NSE IPO GMP was around ₹210 per share as of September 14, 2026. This represents an unofficial premium of about 11.76% over the ₹1,785 upper price band. GMP can change frequently.

Ans. The NSE IPO allotment is expected to be finalised on September 22, 2026. The shares are expected to list on September 24, 2026, on BSE.

Ans. The NSE IPO is entirely an offer for sale. Existing shareholders are offering 12,64,36,650 shares, and NSE is not issuing new shares through the IPO.

Sources: NSE, NSE DRHP, NSE RHP & GMP publicly available data.