GENERAL17 Sept 2026
NSE IPO bid details: Offer booked 0.26 times so far on day 1; GMP at 8%
NSE's ₹22,569-crore IPO opened on September 17 and closes September 21, with a price band of ₹1,700-1,785 per share. It was subscribed just 0.26 times on day one. The whole issue is an offer for sale, so NSE itself gets no money. Retail investors need at least 8 shares, around ₹14,280. Allotment is likely on September 22.
Key Statutory Highlights
- By 12:50 PM on day one, the NSE IPO was subscribed 0.26 times, with the retail portion at 0.30 times and non-institutional investors at 0.38 times.
- The price band is ₹1,700-1,785 per share, and NSE shares were quoted in the grey market at ₹1,925, a premium of up to 7.84 per cent.
- Allotment is likely to be finalised on September 22, shares credited on September 23, and listing scheduled for September 24.
Actionable Advice for Taxpayers / Founders:If you plan to bid, check the price band and lot size before the issue closes on September 21, and treat the grey market premium as an unofficial signal, not a promise of listing gains.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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