National Stock Exchange of India IPO
National Stock Exchange of India Ltd. (NSE) is one of India's leading stock exchanges and a major player in equity, derivatives, trading, clearing, settlement, market data and index services. The much-awaited NSE IPO is being offered through an Offer for Sale (OFS) by existing shareholders.
National Stock Exchange of India IPO Profile
| Particulars | Details |
|---|---|
| Company Name | National Stock Exchange of India Limited |
| IPO Type | Mainboard IPO |
| Issue Type | Book Built Issue - Offer for Sale |
| IPO Opening Date | 17 September 2026 |
| IPO Closing Date | 21 September 2026 |
| Listing Date | 24 September 2026 |
| Face Value | ₹1 per Equity Share |
| Price Band | ₹1,700 to ₹1,785 per Equity Share |
| Lot Size | 8 Shares |
| Minimum Investment | ₹14,280 at the Upper Price Band |
| Issue Type | 100% Offer for Sale (OFS) |
| Listing Exchange | BSE |
| Registrar | MUFG Intime India Pvt. Ltd. |
NSE IPO Details
| IPO Particular | Details |
|---|---|
| IPO Open | 17 September 2026 |
| IPO Close | 21 September 2026 |
| Price Band | ₹1,700 - ₹1,785 |
| Lot Size | 8 Shares |
| Minimum Application | 8 Shares |
| Minimum Amount at Upper Band | ₹14,280 |
| Fresh Issue | Nil |
| Offer for Sale | Existing shareholders selling shares |
| Listing Date | 24 September 2026 |
National Stock Exchange of India - Company Profile
National Stock Exchange of India Limited was incorporated in 1992 and commenced operations in 1993. NSE has developed into one of India's largest and most important financial market infrastructure institutions.
The company operates across several areas including equity trading, equity derivatives, currency derivatives, interest-rate derivatives, debt markets, clearing and settlement, market data and index services.
NSE is also the owner and administrator of the widely followed Nifty 50 Index, which is one of India's key benchmark stock-market indices.
The company's business benefits from India's expanding capital markets, increasing retail participation, digital trading adoption and growth in financial-market activity.
NSE Business Strengths
| Business Area | Description |
|---|---|
| Equity Market | Electronic trading platform for listed equity securities. |
| Derivatives | Large-scale equity and other derivative trading ecosystem. |
| Clearing & Settlement | Clearing and settlement infrastructure through group entities. |
| Indices | Nifty family of benchmark and thematic indices. |
| Market Data | Market information, data products and analytics. |
| International Business | International exchange and financial-market initiatives. |
NSE Financial Performance
The following consolidated financial figures provide an overview of NSE's recent financial performance.
| Particulars (₹ Crore) | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total Income | 16,352.06 | 19,176.83 | 18,713.37 |
| Profit Before Tax | 11,184.28 | 15,474.78 | 13,895.58 |
| Profit After Tax | 8,406.48 | 11,605.75 | 10,179.53 |
| EBITDA | 9,869.81 | 12,646.88 | 11,097.90 |
| EPS (₹) | 33.56 | 49.24 | 41.62 |
NSE IPO - Strengths
NSE is one of India's leading stock exchanges with a strong position across equity and derivatives markets.
The Nifty brand and NSE's market infrastructure provide strong recognition among investors and market participants.
The company has reported substantial profits and strong operating economics in recent financial years.
Increasing retail participation, financialisation of savings and growth in trading activity can support long-term market development.
NSE operates across trading, clearing, indices, data and other financial-market infrastructure businesses.
NSE IPO - Risks
A substantial portion of NSE's revenue is linked to trading activity, particularly derivatives. Changes in volumes or regulations can affect revenue.
Stock exchanges operate in a highly regulated environment. Changes in SEBI rules, taxation or market regulations may affect business.
NSE competes with other exchanges and financial-market platforms. Changes in market share can affect trading volumes and revenues.
Trading activity can vary depending on market conditions, investor sentiment and economic cycles.
Investors should evaluate the IPO valuation carefully because a high issue valuation may limit post-listing upside.
Since the issue is an Offer for Sale, the company will not receive fresh capital from the IPO.
🚀 Apply for NSE IPO
Apply for the National Stock Exchange of India IPO through the RIISE App by Motilal Oswal.
Minimum Investment: ₹14,280
Already have a Motilal Oswal RIISE account? Open the app, go to the IPO section, select NSE IPO and submit your bid through UPI.
NSE IPO Allotment & Listing
| Event | Expected Date |
|---|---|
| IPO Opens | 17 September 2026 |
| IPO Closes | 21 September 2026 |
| Basis of Allotment | 22 September 2026 |
| Refund / Fund Unblocking | 23 September 2026 |
| Shares Credit to Demat | 23 September 2026 |
| Listing Date | 24 September 2026 |
NSE IPO FAQ
What is the NSE IPO?
The NSE IPO is the Initial Public Offering of National Stock Exchange of India Limited. The current issue is structured as an Offer for Sale by existing shareholders.
When will the NSE IPO open?
The NSE IPO is scheduled to open on 17 September 2026 and close on 21 September 2026.
What is the NSE IPO price band?
The price band is ₹1,700 to ₹1,785 per equity share.
What is the NSE IPO lot size?
The minimum lot size is 8 shares. At the upper price band of ₹1,785, the minimum application amount is ₹14,280.
Is the NSE IPO a fresh issue or OFS?
The IPO is an Offer for Sale (OFS). Existing shareholders are selling their shares and NSE itself will not receive IPO proceeds.
When is the NSE IPO allotment date?
The basis of allotment is expected around 22 September 2026, subject to the final IPO timetable.
When will NSE IPO shares be listed?
The expected listing date is 24 September 2026.
Where can I check NSE IPO allotment status?
You can check the latest NSE IPO allotment and issue information using the detailed IPO page.
Check IPO Allotment StatusWhat are the major risks in NSE IPO?
Major risks include regulatory changes, dependence on trading volumes, competition, market volatility, derivatives-related concentration and valuation risk.
