GENERAL22 Sept 2026
Why NSE IPO became India's 2nd-largest, not biggest: MD-CEO Ashishkumar Chauhan explains | Exclusive | Stock Market News
NSE's much-awaited Initial Public Offering (IPO) closed at ₹22,562 crore, making it India's second-largest ever, not the biggest as expected. Merchant bankers advised a lower price, so some selling shareholders reduced their offers. Bids exceeded the issue size by over ₹90,000 crore, showing strong demand. If you applied, your shares start trading on Thursday.
Key Statutory Highlights
- The National Stock Exchange IPO ended at ₹22,562 crore, making it India's second-largest IPO, below Hyundai Motor India's ₹27,858.75 crore issue.
- The IPO was subscribed 5.71 times, and it received 38.5 lakh applications from investors.
- Bids came in for 50,58,11,384 shares against 8,86,42,911 shares on offer, with the QIB portion subscribed 12.68 times.
Actionable Advice for Taxpayers / Founders:If you were allotted NSE shares, they begin trading on Thursday, so check your allotment status and decide your holding plan with your advisor instead of reacting blindly to listing-day price swings.
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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