GENERAL18 Sept 2026
NSE IPO crosses halfway mark on 2nd day of bidding; check GMP & reviews
NSE's ₹22,569-crore IPO, India's second-largest, is now half subscribed on day two, with bidding open till September 21. Retail investors can apply in lots of 8 shares, costing at least ₹14,280. Since the issue is fully an offer for sale, NSE gets no money. Grey market shows a ₹142 premium. Check the band and your budget before applying.
Key Statutory Highlights
- The NSE IPO was subscribed 0.52 times by the second day, with bids for 4.62 crore shares against 8.86 crore shares on offer.
- The price band is ₹1,700 to ₹1,785 per share, and the issue will stay open for bidding till Monday, September 21.
- NSE shares are trading at ₹1,927 in the grey market, a premium of ₹142 over the upper end of the price band.
Actionable Advice for Taxpayers / Founders:If you plan to apply, do it before September 21, and read the price band and offer for sale details carefully. Allotment is expected around September 22, so treat any listing gain as uncertain and not guaranteed.
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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