NSE IPO
ListedNSE · BSE · Mainboard IPO
NSE IPO listed on 24 Sep 2026 after being issued at ₹1700–1785 per share. Latest GMP is ₹40 (+2.2%). Overall subscription stands at 5.69x. Lot size is 8 shares.
Price band
₹1700–1785
GMP (unofficial)
₹40
+2.2%
Subscription
5.69x
Min. investment
₹14,280
8 shares / lot
NSE IPO details
| Price band | ₹1700–1785 per share |
|---|---|
| Lot size | 8 shares |
| Minimum investment (retail) | ₹14,280 (1 lot at ₹1785) |
| Maximum retail application | 14 lots (₹1,99,920) |
| Issue size | ₹26,580 crore |
| IPO open date | 17 Sep 2026 |
| IPO close date | 21 Sep 2026 |
| Basis of allotment | 22 Sep 2026 |
| Refunds / UPI unblock | 23 Sep 2026 |
| Listing date | 24 Sep 2026 |
| Listing exchanges | BSE |
NSE IPO GMP today
Grey market premium: ₹40(+2.2%)· expected listing price ≈ ₹1825
As of 24 Sept, 4:43 pm IST · source ipowatch.in · unofficial, not exchange-sanctioned · indicative and may be inaccurate.
| Date | GMP |
|---|---|
| 24 Sep 2026 | ₹40 |
| 23 Sep 2026 | ₹90 |
| 22 Sep 2026 | ₹65 |
| 21 Sep 2026 | ₹61 |
| 20 Sep 2026 | ₹90 |
| 19 Sep 2026 | ₹90 |
| 18 Sep 2026 | ₹148 |
NSE IPO subscription status
as of 21 Sept, 6:40 pm IST| Category | Times subscribed |
|---|---|
| QIB (Qualified Institutional Buyers) | 12.7x |
| bNII (Big HNI, above ₹10 lakh) | 6.54x |
| sNII (Small HNI, ₹2–10 lakh) | 6.54x |
| Retail (RII) | 1.36x |
| Total | 5.69x |
Source: ipowatch.in · bNII = bids above ₹10 lakh, sNII = ₹2–10 lakh.
NSE IPO review — broker & analyst views
35 houses tracked: 25 positive · 2 cautious · 1 neutral · 0 negative · 7 unrated
| House | Rating | Note |
|---|---|---|
| Aditya Birla Capital | Apply | ipowatch ↗ · 19 Sep 2026 |
| Ajcon Global | Apply | ipowatch ↗ · 19 Sep 2026 |
| Angel-One | Apply | ipowatch ↗ · 19 Sep 2026 |
| BP Equities | Apply | ipowatch ↗ · 19 Sep 2026 |
| Canara Bank Securities | Apply | ipowatch ↗ · 19 Sep 2026 |
| Choice Broking | Apply | ipowatch ↗ · 19 Sep 2026 |
| DAM Capital | Apply | ipowatch ↗ · 19 Sep 2026 |
| Deven Choksey | Apply | ipowatch ↗ · 19 Sep 2026 |
| Geojit Financial Services | Apply | ipowatch ↗ · 19 Sep 2026 |
| GEPL Capital | Apply | ipowatch ↗ · 19 Sep 2026 |
| Kantilal Chhaganlal Securities Pvt. Ltd. | Apply | ipowatch ↗ · 19 Sep 2026 |
| Krijuna Research | Apply | ipowatch ↗ · 19 Sep 2026 |
| LKP Securities | Apply | ipowatch ↗ · 19 Sep 2026 |
| Mangal Keshav Financial Services LLP | Apply | ipowatch ↗ · 19 Sep 2026 |
| Marwadi Financial Services | Apply | ipowatch ↗ · 19 Sep 2026 |
| MiraeAsset Sharekhan | Apply | ipowatch ↗ · 19 Sep 2026 |
| Nirmal Bang | Apply | ipowatch ↗ · 19 Sep 2026 |
| SMC Global | Apply | ipowatch ↗ · 19 Sep 2026 |
| Smifs Limited | Apply | ipowatch ↗ · 19 Sep 2026 |
| Spark Capital | Apply | ipowatch ↗ · 19 Sep 2026 |
| Sushil Finance | Apply | ipowatch ↗ · 19 Sep 2026 |
| Swastika Investmart | Apply | ipowatch ↗ · 19 Sep 2026 |
| Venture Securities | Apply | ipowatch ↗ · 19 Sep 2026 |
| Way2Wealth | Apply | ipowatch ↗ · 19 Sep 2026 |
| Yes Securities | Apply | ipowatch ↗ · 19 Sep 2026 |
| Capital Market | May apply | ipowatch ↗ · 19 Sep 2026 |
| IPOWatch | May apply | ipowatch ↗ · 19 Sep 2026 |
| Cholamandalam Securities Ltd. | Neutral | ipowatch ↗ · 19 Sep 2026 |
| Ashika Stock Services Ltd. | Not Rated | ipowatch ↗ · 19 Sep 2026 |
| Bajaj Financial Securities Ltd. | Not Rated | ipowatch ↗ · 19 Sep 2026 |
| Dilip Davda | Not Rated | ipowatch ↗ · 19 Sep 2026 |
| ICICI Securities Ltd. | Not Rated | ipowatch ↗ · 19 Sep 2026 |
| JM Financial Services Ltd. | Not Rated | ipowatch ↗ · 19 Sep 2026 |
| Motilal Oswal Financial Services Ltd. | Not Rated | ipowatch ↗ · 19 Sep 2026 |
| SBICAP Securities Ltd. | Not Rated | ipowatch ↗ · 19 Sep 2026 |
Ratings as published by each house; links open the source. IPOSarthi does not rate IPOs.
NSE IPO news
- Papadmalji Agro IPO Review by Dilip Davda (NSE SME)
IPO Watch · 28 Sept, 5:50 pm
- Elevate Campuses IPO Allotment Today: Check your status on NSE, BSE, Kfin Technologies
ET Now · 28 Sept, 5:31 pm
- Adroit Industries IPO allotment today, check status on BSE, NSE and Bigshare Services; latest GMP
India TV News · 28 Sept, 4:39 pm
- NSE Slips Below IPO Price, IFCI And NIACL Shares Fall Up To 4.5%
BW Businessworld · 28 Sept, 4:38 pm
- S&R Associates advises Selling Shareholders on INR 225.62 Billion National Stock Exchange IPO
SCC Online · 28 Sept, 4:30 pm
NSE IPO — frequently asked questions
- What is the GMP of NSE IPO today?
- As of 24 Sept, 4:43 pm IST, the grey market premium (GMP) of NSE IPO is ₹40 per share, about +2.2% over the upper price band of ₹1785, which points to an indicative listing price near ₹1825. GMP is an unofficial, off-exchange figure sourced from public trackers (ipowatch.in); it can change quickly and does not guarantee the listing price.
- What is the lot size and minimum investment for NSE IPO?
- One lot of NSE IPO is 8 shares. At the upper price band of ₹1785, one lot costs ₹14,280, which is the minimum retail application. Retail investors can bid for up to 14 lots (₹1,99,920) within the ₹2 lakh retail cap. Small HNI (sNII) applications start at 15 lots (₹2,14,200) and big HNI (bNII) applications at 71 lots (₹10,13,880).
- When is the NSE IPO allotment and listing date?
- NSE IPO opened on 17 Sep 2026 and closed on 21 Sep 2026. The basis of allotment is expected on 22 Sep 2026, refunds / UPI unblocking on 23 Sep 2026, and the shares are expected to list on 24 Sep 2026 on BSE.
- How many times is NSE IPO subscribed?
- As of 21 Sept, 6:40 pm IST, NSE IPO is subscribed 5.69x overall — QIB 12.7x, bNII 6.54x, sNII 6.54x, Retail 1.36x. Figures come from exchange bid data via public trackers and update through the bidding window.
- Should I apply for NSE IPO?
- IPOSarthi does not make recommendations — this page only lays out the data. The grey market is currently pricing the issue at ₹40 above the upper band (+2.2%). The book is 5.69x subscribed overall. 35 broker houses have published a view: 25 positive, 2 cautious, 1 neutral, 0 negative, 7 unrated. Read the red herring prospectus, weigh the company's financials and valuation against your own goals and risk appetite, and consult a SEBI-registered investment adviser before applying. GMP and subscription are indicative, not a forecast of listing gains.
Planning to apply?
Add NSE to your fund plan and see how much cash to keep ready in each account — free.
Other current IPOs
GMP and prices shown are indicative, sourced from public trackers, and may be inaccurate — this is a hobby project, not investment advice. See Disclaimer.