NSE set to raise ₹22,569 crore IPO from capital market
The National Stock Exchange (NSE) is preparing for a major IPO to raise approximately ₹22,569 crore through an offer for sale. The subscription period is scheduled for mid-September 2026, with several major financial institutions participating as selling shareholders.
Why it matters
As India's largest stock exchange, the NSE's public listing is a significant event for the Indian capital markets and global investors.
National Stock Exchange (NSE), the largest stock exchange in India, is set to raise ₹22,568.9 crore from the capital market, after a decade long wait.
The IPO consists of only offer for sale, where existing shareholders will sell their shares, and no fresh capital to be raised. The company set the price band between ₹1,700 to ₹1,785 per share and is set to open for public subscription between September 17 to September 24. The IPO will open for anchor investors on September 16, 2026.
NSE initially filed its draft prospectus proposing to raise ₹26,579.6 crore and later revised the size to ₹22,568.9 crore, which is 17.7% lower than the proposed size. Going by the prospectus, SBI cut half of its selling shares to 1,59,69,410 equity shares.
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