NSE IPO Day 1: Subscription Opens Today, 17 September 2026
- September 17, 2026
- Posted by: Harsh Piplani
- Category: IPO
NSE IPO opens today, 17 Sep 2026, closes 21 Sep 2026. Price band Rs 1,700-1,785. Lot size 8 shares. Entirely OFS. Lists on BSE on 24 Sep.
Quick Answer
The National Stock Exchange of India IPO opens for subscription today, 17 September 2026, and will remain open until 21 September 2026. NSE is India’s largest stock exchange by trading volumes, and the offer of about Rs 22,561.57 crore is entirely an offer for sale by existing shareholders, with no fresh issue component, making it India’s second largest IPO after Hyundai Motor India. The price band is set at Rs 1,700 to Rs 1,785 per share, with a lot size of 8 shares, and the shares are proposed to list only on the BSE, since NSE cannot list on its own trading platform. Since bidding has only just opened, subscription figures will start reflecting real demand as the day progresses, so investors should track the live numbers through the session before deciding.
National Stock Exchange of India Limited has opened its long awaited IPO for subscription today, 17 September 2026, after years of regulatory process since its draft papers were first filed. The NSE IPO is a mainboard offer for sale of about 12.64 crore equity shares aggregating to approximately Rs 22,561.57 crore, down from the roughly 14.9 crore shares initially proposed, and will remain open for bidding until 21 September 2026, a five day window spanning the coming weekend. Since NSE cannot list its own shares on its own exchange, the equity shares are proposed to be listed only on the BSE.
NSE operates India’s largest electronic marketplace for trading and listing across equities, equity derivatives, currency derivatives, commodities, mutual funds and fixed income, and also earns revenue from listing services, data and connectivity, index licensing, and clearing services through its subsidiaries. Since the entire offer is an offer for sale, NSE itself will not receive any proceeds from the IPO, with the money instead going to existing selling shareholders including SBI, LIC and other institutional holders.
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NSE IPO Details
The table below sets out the key parameters of the NSE IPO, including the price band, lot size and important dates.
| Open Date | 17 September 2026 |
| Close Date | 21 September 2026 |
| Price Band | Rs 1,700 to Rs 1,785 per share |
| Lot Size | 8 shares |
| Issue Size | About Rs 22,561.57 crore (entirely offer for sale) |
| Issue Type | Book Built Issue |
| Listing At | BSE only |
| Allotment Date | 22 September 2026 |
| Listing Date | 24 September 2026 |
NSE IPO Quick Facts
| Particulars | Snapshot |
|---|---|
| Minimum retail investment | Rs 14,280 (1 lot, 8 shares) |
| Employee price band | Rs 1,530 to Rs 1,615 (Rs 170 discount per share) |
| Minimum sNII investment | Rs 2,14,200 (120 shares) |
| Minimum bNII investment | Rs 10,13,880 (568 shares) |
| Registrar | MUFG Intime India Pvt Ltd |
This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the NSE IPO on mobile can find the essentials without scrolling through the whole page.
NSE IPO Share Reservation
The issue reserves not more than 50 percent of the offer for qualified institutional buyers, not less than 15 percent for non-institutional investors, and not less than 35 percent for retail individual investors. Since the offer is entirely an offer for sale, retail investors can apply for a maximum of Rs 2,00,000, while eligible NSE employees can apply for up to Rs 5,00,000 at a discounted price band of Rs 1,530 to Rs 1,615 per share.
NSE IPO Subscription Status Day 1
Bidding for the issue has opened today, 17 September 2026, so the category wise numbers below will fill in as the session progresses. Given the scale of this issue, institutional bids will likely take shape gradually across the five day window before the 21 September close.
| Investor Category | Subscription Status, Day 1 (17 Sep) |
|---|---|
| Qualified Institutional Buyers (QIB) | Bidding just opened, updating through the session |
| Non-Institutional Investors (NII) | Bidding just opened, updating through the session |
| Retail Individual Investors | Bidding just opened, updating through the session |
| Overall | Bidding just opened, updating through the session |
Track Subscription Status for the issue on the Univest Screener
How to Apply for the NSE IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 1,700 to Rs 1,785 band, in multiples of 8 shares.
- Submit the application through the UPI-based ASBA method, which blocks the bid amount in your bank account rather than debiting it immediately.
- Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 21 September.
Download the Univest iOS App or Univest Android App to apply for the issue on its opening day.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
About National Stock Exchange of India Limited
National Stock Exchange of India Limited operates India’s largest electronic marketplace for trading and listing across equities, equity derivatives, currency derivatives, commodities, mutual funds and fixed income securities. The exchange generates revenue primarily from transaction charges, supplemented by listing, clearing, data, connectivity and index licensing fees, and its technology infrastructure supports very high transaction volumes with low response times, making the issue one of the most closely watched public issues of the year.
Conclusion
The issue has opened for bidding today, 17 September 2026, giving investors a rare opportunity to own a stake in India’s dominant stock exchange operator through an entirely offer for sale structure. Investors considering the issue should study the company financials, regulatory environment and risk factors in the RHP on bseindia.com, and apply only after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the NSE IPO subscription status on Day 1?
Ans. The issue opened for bidding today, 17 September 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live QIB, NII and retail numbers on BSE as the day progresses, and given the scale of the issue, institutional demand will likely build gradually across the five day window.
When does the NSE IPO open and close?
Ans. The issue opened for subscription today, 17 September 2026, and will close on 21 September 2026, a five day window that spans the coming weekend.
What is the NSE IPO price band and lot size?
Ans. The issue price band is Rs 1,700 to Rs 1,785 per share, with a lot size of 8 shares, taking the minimum retail investment to about Rs 14,280 at the upper price band. Eligible NSE employees can apply at a discounted band of Rs 1,530 to Rs 1,615 per share.
Is the NSE IPO a fresh issue or an offer for sale?
Ans. The issue is entirely an offer for sale of about 12.64 crore equity shares by existing shareholders, with no fresh issue component, so NSE itself will not receive any proceeds from the issue.
Why will NSE shares list only on BSE and not on NSE itself?
Ans. NSE cannot list its own equity shares on its own trading platform due to the inherent conflict of interest, so the issue shares are proposed to be listed only on the BSE, tentatively scheduled for 24 September 2026.
What is the NSE IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision, especially this early in the bidding window.
How do I apply for the NSE IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method. Select the IPO, enter your bid quantity in multiples of 8 shares and your price within the Rs 1,700 to Rs 1,785 band, then approve the UPI mandate before the daily cut off.
When will the NSE IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 22 September 2026, and the shares are tentatively scheduled to list on the BSE on 24 September 2026.
How large is the NSE IPO compared to other Indian IPOs?
Ans. At about Rs 22,561.57 crore, the issue is India’s second largest IPO after Hyundai Motor India’s roughly Rs 27,870 crore issue in 2024, and larger than the approximately Rs 21,000 crore IPO of Life Insurance Corporation of India in 2022.
What does National Stock Exchange of India Limited do?
Ans. National Stock Exchange of India Limited operates India’s largest electronic trading and listing marketplace across equities, derivatives, currency, commodities, mutual funds and fixed income, earning revenue from transaction charges, listing, clearing, data and index licensing fees.
