CNN Central News & Network-ITDC India Epress/ITDC News Bhopal: The National Stock Exchange (NSE) has fixed the price band for its much-awaited IPO at ₹1,700 to ₹1,785 per share. Subscription for the IPO will remain open from September 17 to September 21, 2026.
NSE’s issue is entirely an offer for sale (OFS), which means the company is not issuing new shares and the proceeds from the IPO will not go to NSE. Existing shareholders will sell their stake.
At the upper end of the price band, the IPO size works out to about ₹22,561 crore. At this price, NSE’s estimated valuation could be around ₹4.42 lakh crore. Around 12.64 crore shares have been put up for sale in the issue. The number of shares proposed earlier was higher, but some existing investors have reduced the sale of their stake.
There is considerable enthusiasm among investors over the IPO, as NSE is among the country’s largest stock exchanges. However, investors should assess the company’s valuation, market conditions and risks linked to the stock market before investing in the IPO.
NSE shares are likely to be listed around September 24. The IPO is being seen as an important development for the Indian capital market.
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