GENERAL11 Sept 2026
NSE IPO: Price band set at ₹1,700-1,785 per share; check key dates, issue details
NSE has cut its IPO size to 12.644 crore shares from 14.89 crore, about 5.1% of its equity. The price band is ₹1,700 to ₹1,785 per share, entirely an offer for sale by existing shareholders. Bidding opens 17 September and closes 21 September, with a lot of 8 shares. Listing is expected on 24 September.
Key Statutory Highlights
- The NSE IPO price band is ₹1,700 to ₹1,785 per equity share of face value Re 1.
- Bidding opens on Thursday, 17 September and closes on Monday, 21 September, with anchor allocation on 16 September.
- The offer has been reduced to 12.644 crore shares from 14.89 crore earlier, and it is fully an offer for sale by existing shareholders.
Actionable Advice for Taxpayers / Founders:If you plan to apply, note the 8-share lot size and your investor category limit, and bid only what you can comfortably keep blocked until allotment on 22 September. This is information, not a recommendation to invest.
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
Share: