NSE IPO Details: Share Price, Size, GMP

NSE – About the Company

Established in 1992 and started operations in 1994, National Stock Exchange (NSE) is the leading stock exchange in India. With 129 million unique registered investors across more than 250 million accounts, NSE accounts for over 90% of all cash equity transactions done in India.

It mainly operates in trading, clearing and listing, and other services such as data feed, data terminal and licensing services, across the cash market, futures, options, mutual funds platform, commodity derivatives, exchange-traded currency derivatives, wholesale debt market and interest rate futures, among others.

NSE IPO Objectives

The main objectives of this public issue are to carry out the offer for sale by certain selling shareholders and achieve the benefits of listing the equity shares on the stock exchange (Only on BSE).

This will also help the company enhance its visibility and brand image, while at the same time providing liquidity to the existing shareholders and providing a public market for the equity shares in India

NSE IPO Details:

NSE IPO Issue Price & Issue Size

The issue price of the NSE IPO is set between Rs 1700 and 1785 per share, with the offer for sale of up to 126,436,650 equity shares. The NSE IPO issue size is Rs 22,568.94 crore. There is no fresh issue; the entire issue is offer for sale by the existing shareholders and promotors of the company.

NSE IPO Launch Date

The NSE IPO will be open for public bidding between 17 Sep 2026 and 21 Sep 2026, while finalisation of allotment of shares and initiation of funds refunds will be held on 22 Sep 2026 and 23 Sep 2026, respectively. The allotted shares will be credited to the demat account on 23 Sep 2026, while trading of shares on the stock exchange will be started on 24 Sep 2026.

Why Invest in NSE IPO?

Investing in this India’s largest stock exchange IPO could be a wonderful opportunity for different classes of investors. However, understanding its competitive strength and risk factors of NSE IPO is very important to make the right investment decisions while investing in such public offerings.

Competitive Strengths:

• NSE is not only the largest stock exchange in terms of total turnover across various key market segments but also one of the most preferred stock exchanges among all categories of investors.
• As per the latest reports, NSE accounts for 93.05% market share in the cash market, while 99.7% and 68.48% in equity futures and equity options, respectively.
• On the other hand, based on total premium turnover, as of the three-month period ended June 2026, it holds a 100% market share in exchange-traded currency futures and options.
• Using cutting-edge technology to run a robust trading platform designed to operate with scalability, flexibility, and high security.
• Well-positioned with a strong network driven by a wide category of investors, diverse sector listed companies, and intermediaries or participants, giving an advantage to further attract more contributors with growing capital markets and participation of investors in India.
• NSE operates almost as a monopoly with a greater focus on promotional activities on financial literacy and demat account adoption to expand its customer reach in Tier-2 and Tier-3 cities. This kind of proactive operational approach in the business brings more customers, ensuring revenue growth.

Risks Factors:

• Revenue concentration in transaction charges is one of the biggest risks for the company. As its major revenue is concentrated from transaction charges, mainly from options and futures businesses, any failure to maintain or increase the trading volumes could have a material adverse impact on its business operations or financial performance of the company.
• Similarly, there is a risk of trading member concentration. As it collects a large chunk of revenue from its top ten trading members. Any interruption in the services of these trading members or our failure to attract new trading members could have an adverse impact on the business and financial performance of the company.
• It operates in a highly regulated environment to provide seamless and transparent trading operations across the segment while ensuring the safety and data protection of participants. Any kind of strict regulatory actions and penalties by the regulatory authorities like SEBI or IFSCA can have an adverse impact on the business operations and financial performance of the company.
• The entire operations and other business activities heavily depend on the IT infrastructure that poses several risks like reliability and cybersecurity. Any type of disruption, unexpected breakdowns, technical failures, or inadequacies in IT infrastructure, including networking, systems or software, could adversely affect the business operations of the company.

NSE Financial Highlights:

Key Indicators:

NSE Financial Performance

At the financial front, the revenue of the NSE for the fiscal year ended March 2026 was Rs 16,601.3 crore, which is 3.1% down from Rs 17,140.7 crore in the corresponding period of FY25. On the other hand, the profit after tax for FY26 was 10,302.1 crore, 15.5% lower than Rs 12,187.7 crore in FY25.

However, the revenue of NSE for the first quarter of FY27 (Q1FY27) surged by 13.1% to Rs 4,560.4 crore from Rs 4,032.2 crore in the corresponding quarter of the previous fiscal year. The company’s profit grew by 6.7% to Rs 3,120.1 crore in Q1FY27 from Rs 2,923.8 crore in the same quarter of the previous financial year.

NSE IPO GMP (Grey Market Premium)

As per various sources, the Grey Market Premium (GMP) of the NSE IPO is around 12% above the upper band of the IPO price of Rs 1785, which translates to an expected listing share price of around Rs 2,000. This much upside listing potential gives a minor profit-gaining opportunity on listing day for the investors.

GMP is a speculative price of shares mainly estimated when an IPO is launched and not listed yet. And till the date of listing, the GMP can fluctuate as per the changing demand and supply of the shares in the grey market.

Hence, never consider the GMP as an investment criterion while investing into such stocks, rater analyse the fundamentals and financial condition of the company to invest with a long-term perspective to get the significant and stable returns from your equity investments.

NSE IPO Review & Analysis

At the valuation end, while considering the Pre-IPO EPS of Rs 41.62, the share price of NSE is valued at a price-to-earnings (P/E) of 42.86. On the other hand, the Post-IPO EPS stood at Rs 50.43, which translates to a P/E of 35.4, showing the fair valuation of the company, which is lower than its peer group company.

BSE is the only peer listed on the NSE, which is trading at a P/E of 54.28. If, after listing, while considering the EPS of Rs 50.43, the NSE share price tries to match the same P/E, it means it can trade around Rs 2500. Let’s see what happens, and you can apply in the NSE IPO with a long-term point of view, as the company holds strong market leadership with much scope of attracting more participants in the stock market in coming years.

How to Apply for NSE IPO?

To apply for any IPO, including NSE India, you need a demat and trading account. If you already have these accounts, you can apply for the same through your broker’s trading platform. However, if you don’t have these accounts, you can choose Globe Capital to open a demat and trading account online.

Globe Capital is providing one of the best online trading platforms to invest in IPOs or trade in equities/stocks, commodities, currency and derivatives markets at the lowest brokerage charges. However, if you already have a demat and trading account with Globe Capital, just follow the steps given below to apply for the NSE IPO.

Steps to Apply for NSE IPO:

Step 1: Wait for the NSE IPO bidding to open, which will start on 17 Sep 2026.

Step 2: Now visit https://globecapital.com/ipo/ and click on the Ongoing IPO tab.

Step 3: Now click on Apply for the NSE IPO using your PAN details.

Step 4: Fill in all the IPO bidding details like price, quantity, and so on.

Step 5: Now select the payment mode and submit the IPO application successfully.

How to Check NSE IPO Allotment Status?

The share allotment process in the IPO is usually done on the business day after the bidding date. You can check the NSE IPO allotment status on the BSE India or NSE India website using your PAN or IPO application details. Or you can also contact your broker for the same.