Home / Business and Economy / NSE IPO Subscribed 5.71x, Listing Soon!
NSE IPO Subscribed 5.71x, Listing Soon!
22 Sep
Summary
- NSE IPO closes subscribed 5.71 times overall.
- Institutional investors showed strong demand for NSE IPO.
- Shares are scheduled to list on BSE and NSE on September 24.
The National Stock Exchange of India's (NSE) ₹22,569 crore initial public offering (IPO) concluded its three-day bidding period, achieving an overall subscription of 5.71 times. The IPO, which experienced a slow start, gained considerable momentum towards the end, largely due to robust demand from Qualified Institutional Buyers (QIBs).
The Qualified Institutional Buyer (QIB) portion was subscribed an impressive 12.68 times, while non-institutional investors subscribed 6.55 times. The retail portion saw a subscription of 1.39 times, and employee participation reached 2.40 times.
The basis of allotment for the NSE IPO is anticipated to be finalized today, September 22. Shares are slated to be credited to the demat accounts of successful investors on September 23, setting the stage for the stock's listing.
NSE shares are scheduled to commence trading on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Thursday, September 24. This IPO marks the second-largest in India's history and is the biggest public issue of 2026 to date. The price band for the offering was set between ₹1,700 and ₹1,785 per equity share.
