{"id":26992,"date":"2026-09-21T13:20:41","date_gmt":"2026-09-21T13:20:41","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=26992"},"modified":"2026-09-21T13:20:41","modified_gmt":"2026-09-21T13:20:41","slug":"nse-ipo-nse-ipo-subscribed-5-7-times-as-bidding-ends-shares-to-list-on-september-24","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=26992","title":{"rendered":"Nse Ipo: NSE IPO subscribed 5.7 times as bidding ends, shares to list on September 24"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-134390381,imgsize-39762,width-400,height-225,resizemode-4\/nse-ipo-gmp-plunges-70.jpg\" alt=\"NSE IPO subscribed 5.7 times as bidding ends, shares to list on September 24\" title=\"NSE IPO closes strong after decade-long wait for stock market listing (representative image)\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"Ta7d_ img_cptn\"><span title=\"NSE IPO closes strong after decade-long wait for stock market listing (representative image)\">NSE IPO closes strong after decade-long wait for stock market listing (representative image)<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>The $2.3 billion <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/initial-public-offering\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\" target=\"_blank\" rel=\"noopener\">initial public offering<\/a> of the <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/national-stock-exchange-of-india\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\" target=\"_blank\" rel=\"noopener\">National Stock Exchange of India<\/a> (NSE) was subscribed 5.7 times by the end of the final day of bidding on Monday, as investors placed bids for more than five times the shares on offer.<span class=\"id-r-component br\" data-pos=\"5\"\/>The IPO, India&#8217;s second-largest public issue, received bids for 502.69 million shares against 88.64 million shares on offer as of 5:02 pm, exchange data cited by Reuters showed.<span class=\"id-r-component br\" data-pos=\"8\"\/>Including anchor investments, the total value of bids stood at Rs 96,476 crore ($10.07 billion) at the upper end of the IPO&#8217;s price band of Rs 1,700-1,785 per share.<span class=\"id-r-component br\" data-pos=\"10\"\/>The final amount could change as bid details were due to be updated until 7 pm.<span class=\"id-r-component br\" data-pos=\"12\"\/>NSE shares are scheduled to begin trading on Thursday, September 24, marking the culmination of a decade-long effort by India&#8217;s biggest stock exchange operator to enter the public markets.<span class=\"id-r-component br\" data-pos=\"16\"\/><\/p>\n<p><h2><b>Strong <keyword id=\"35977931\" type=\"Denny\" weightage=\"20\" keywordseo=\"institutional-demand\" source=\"keywords\">institutional demand<\/keyword><\/b><\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"18\"\/>The IPO had received 3.92 times subscription by 2:35 pm, according to BSE data.<span class=\"id-r-component br\" data-pos=\"20\"\/>At that stage, the portion reserved for qualified institutional buyers was subscribed 7.99 times, while the non-institutional investor category was subscribed 5.07 times.<span class=\"id-r-component br\" data-pos=\"22\"\/>The retail portion was subscribed 1.13 times.<span class=\"id-r-component br\" data-pos=\"24\"\/>NSE had raised Rs 6,746 crore from anchor investors on Wednesday last week. The anchor book included state-owned Life Insurance Corporation of India, Goldman Sachs and Fidelity, along with sovereign wealth funds such as GIC Singapore, Abu Dhabi Investment Authority and Norges Bank.<span class=\"id-r-component br\" data-pos=\"27\"\/>Eastspring and HSBC Global Asset Management also participated in the anchor round, PTI reported.<span class=\"id-r-component br\" data-pos=\"29\"\/><\/p>\n<p><h2><b>Second-largest Indian IPO<\/b><\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"31\"\/>The NSE offering is worth Rs 22,569 crore and ranks as India&#8217;s second-largest public issue after Hyundai Motor India&#8217;s Rs 27,870-crore IPO in 2024. It has surpassed Life Insurance Corporation of India&#8217;s Rs 21,000-crore issue in 2022.<span class=\"id-r-component br\" data-pos=\"34\"\/>The IPO comprises an offer for sale of up to 12.64 crore equity shares by existing shareholders. <!-- -->Since it is entirely an OFS, the proceeds from the share sale will go to the existing shareholders rather than the NSE.<span class=\"id-r-component br\" data-pos=\"38\"\/>At the upper end of the Rs 1,700-1,785 price band, the exchange will command a valuation of up to Rs 4.42 lakh crore.<span class=\"id-r-component br\" data-pos=\"40\"\/>The size of the OFS was reduced from an earlier plan to sell 14.9 crore shares, bringing down the overall issue size from an initial estimate of around Rs 30,000 crore.<span class=\"id-r-component br\" data-pos=\"42\"\/><\/p>\n<p><h2><b>Decade-long listing effort<\/b><\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"44\"\/>The public issue marks a major step in the NSE&#8217;s long-running effort to list its shares.<span class=\"id-r-component br\" data-pos=\"46\"\/>Its listing plans had remained stalled for nearly a decade amid regulatory hurdles, including those linked to the co-location controversy.<span class=\"id-r-component br\" data-pos=\"48\"\/>The shares are now expected to make their market debut on September 24.<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/nse-ipo-subscribed-5-7-times-as-bidding-ends-shares-to-list-on-september-24\/articleshow\/134389676.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NSE IPO closes strong after decade-long wait for stock market listing (representative image) The $2.3 billion initial public offering of the National Stock Exchange of India (NSE) was subscribed 5.7 times by the end of the final day of bidding on Monday, as investors placed bids for more than five times the shares on offer.The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26993,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-26992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/nse-ipo-gmp-plunges-70.jpg","medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/nse-ipo-gmp-plunges-70.jpg","medium_large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/nse-ipo-gmp-plunges-70.jpg","large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/nse-ipo-gmp-plunges-70.jpg","1536x1536":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/nse-ipo-gmp-plunges-70.jpg","2048x2048":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/nse-ipo-gmp-plunges-70.jpg","blogsy-small":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/nse-ipo-gmp-plunges-70.jpg","blogsy-small-tall":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/nse-ipo-gmp-plunges-70.jpg","blogsy-small-square":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/nse-ipo-gmp-plunges-70.jpg","blogsy-small-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/nse-ipo-gmp-plunges-70.jpg","blogsy-medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/nse-ipo-gmp-plunges-70.jpg","blogsy-medium-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/nse-ipo-gmp-plunges-70.jpg","blogsy-large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/nse-ipo-gmp-plunges-70.jpg","blogsy-wide":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/nse-ipo-gmp-plunges-70.jpg"},"magazineBlocksPostAuthor":{"name":"admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"NSE IPO closes strong after decade-long wait for stock market listing (representative image) The $2.3 billion initial public offering of the National Stock Exchange of India (NSE) was subscribed 5.7 times by the end of the final day of bidding on Monday, as investors placed bids for more than five times the shares on offer.The [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 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