National Stock Exchange NSE IPO Details: Everything You Should Know About

The NSE or National Stock Exchange may obtain an NOC in mid-2025 for its IPO and file a DRHP later in 2025. The listing of the NSE IPO is expected by Q4 FY26. The primary aim of the National Stock Exchange NSE IPO will be to raise funds from investors for business expansion and smooth operations. As the National Stock Exchange is still preparing to file a Draft Red Herring Prospectus (DRHP), the issue size, price band, and lots are yet to be determined. 

National Stock Exchange NSE IPO will be an offer for sale (OFS), and the shares of the National Stock Exchange will be listed on another stock exchange (likely BSE), not on itself. Around 35% of shares will be reserved for retail investors, 50% for qualified institutional buyers, and 15% for non-institutional investors. 

National Stock Exchange NSE IPO Details 

National Stock Exchange NSE IPO GMP

In the unlisted grey market, NSE shares have surged 140% since 2021 and are currently trading around ₹1,900. However, the NSE IPO is yet to open. We will update the National Stock Exchange NSE IPO GMP data post an official announcement.

History of National Stock Exchange NSE IPO

The National Stock Exchange filed its Draft Red Herring Prospectus (DRHP) in December 2016 to raise around ₹10,000 crore through an offer-for-sale. However, the IPO was held up due to regulatory issues, specifically the unfair access controversy.  In June 2025, the National Stock Exchange NSE offered a ₹1,388 crore settlement to SEV

About National Stock Exchange: Company Overview

NSE, or the National Stock Exchange, founded on 27 November 1992, is an Indian stock exchange based in Mumbai, Maharashtra. This stock exchange is owned by various financial institutions such as banks and insurance companies. As of December 2024, the market capitalisation of NSE stood at ₹438 lakh crore. 

Listings 

As of December 2024, NSE has 2,671 companies listed, among which 2,084 are listed on the mainboard and 587 are on the SME platform. On the other hand, around 190 ETFs are listed on the National Stock Exchange in equity, debt, and commodity assets. As of now, NSE has more than 11 crore unique registered investors. 

National Stock Exchange NSE IPO Objectives

The primary objective of the National Stock Exchange NSE IPO is to raise around ₹60,000 crore from institutional and retail investors in India. However, before applying for the IPO, you must know its secondary objectives. Explore them below.

• To provide exit and liquidity to existing shareholders by offloading around 10% of the equity stake in the IPO. 
• To be transformed into a publicly held enterprise is intended to achieve a position as a global exemplar for governance. 

How to Invest in the National Stock Exchange NSE IPO?

The National Stock Exchange NSE IPO has not opened yet. And most investors are still waiting for it. Here is how you will be able to invest in the NSE IPO after its opening. 

• Open a demat account or use your existing demat account to make a bid. 
• Navigate to the NSE IPO section to make an application.
• Select the number of lots you want to apply for and proceed with your application further. 
• Once you have applied for the National Stock Exchange NSE IPO, you will receive a mandate request on the selected mode of transaction.
• Approve the mandate request and get your application number instantly. 

Try Univest demat account or stock advisory services to invest seamlessly! 

Why Should You Apply for NSE IPO?

Here are some of the reasons that make you willing to apply for the National Stock Exchange NSE IPO. Explore for a better understanding.

• NSE IPO is backed by the robust financial performance of the National Stock Exchange, such as net profit of ₹7,300 crore, operating margin > 70%, and daily turnover of more than ₹1.5 lakh crore. 
• Unlisted NSE shares have exploded in value by surging 201% in 2024, and the current unlisted valuation pegs the exchange at ₹5.98 lakh crore, ahead of the IPO. 
• NSE IPO would likely bring a 10% stake sale to raise ₹60,000 crore, which would make it India’s largest IPO ever. 

Risks of the National Stock Exchange NSE IPO

Despite multiple plus points, the National Stock Exchange NSE IPO also comes with some associated risks. Explore them to make an informed investment decision. 

• The possibility of a valuation pullback may leverage the current market price to exceed the IPO, limiting first-day gains. 
• A delay in finalising the settlement or NOC could push the listing date. 
• Corporate governance or co-location residue issue. 

How to Check NSE IPO Allotment Status?

You can check for National Stock Exchange NSE IPO allotment in different ways. These include BSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On BSE

• Visit the BSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose National Stock Exchange NSE IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal. 
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your National Stock Exchange NSE IPO allotment status.

Also read : Suntech Infra Solutions IPO GMP & Review: Apply or Avoid?

Final Thoughts

National Stock Exchange NSE IPO, being a landmark initial public offering, gathers the attention of investors with a positive note to be announced in late 2025. NSE is seeking SEBI clearance (NOC), which may arrive as early as July 2025. The issue is subject to the approval of SEBI. Investors are cautious about National Stock Exchange NSE IPO details such as issue date, price band, lot size, subscription, and much more. 

Stay informed with Univest to get regular updates on the National Stock Exchange NSE IPO, GMP, subscription, and more!

FAQs on National Stock Exchange NSE IPO

Is NSE a publicly listed entity?

Ans. No, NSE is not included in the list of publicly listed companies in India. However, it is an Indian stock exchange, headquartered in Mumbai, Maharashtra.

When will the National Stock Exchange NSE IPO open for bidding?

Ans. The National Stock Exchange NSE IPO could be announced officially in late 2025, and listing is expected by Q4FY26. However, there is no official announcement regarding the NSE IPO date.  

What is the size of the National Stock Exchange NSE IPO?

Ans. The National Stock Exchange NSE IPO issue size is yet to be announced in the DRHP and is subject to the approval or clearance of the Securities Exchange Board of India (SEBI). 

What is pre-application for the National Stock Exchange (NSE) IPO?

Ans. Pre-application will allow investors to make a bid for the National Stock Exchange NSE IPO, 2 days before the period of subscription. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the National Stock Exchange NSE IPO, wait for the National Stock Exchange NSE IPO RHP and National Stock Exchange NSE IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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