NSE IPO GMP Live Updates: National Stock Exchange IPO Opens Today, GMP Hints At 9% Premium Listing, Bid?

NSE IPO GMP Live Updates: The second largest IPO of India is opening on September 17, 2026. This one is called the National Stock Exchange (NSE) IPO. The IPO will be open from September 17 to September 21st at a price band of Rs 1,700 to Rs 1,785 per share. The IPO size is Rs 22,569 crore, purely through an offer for sale. There is an employee discount of Rs 170 on the IPO.

Major promoters, especially PSUs like State Bank of India, Bank of Baroda and General Insurance Corporation of India, New India Assurance; National Insurance Company; and United India Insurance, are offloading heavy stakes in the IPO for the public to buy. In total, up to 126,436,650 equity shares will be offered for sale.

At the IPO size, NSE is the biggest stock exchange IPO and the second-biggest public offer in India. But that's not the only milestone NSE will touch. The real change will be upon listing. Based on the IPO size, experts predict NSE could list more than 3 times bigger than its rival, BSE. Also, the Nifty benchmark exchange will land in the top 15 most valued companies list in India.

Stay Tuned To Get Real-Time Updates Of NSE IPO On Day 1 At GoodReturns.

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Sep 17, 2026, 10:29 am IST

NSE IPO GMP Today Live: Key Highlights Of NSE's Financial Indicators

IPO Size: ₹22,561.57 crore through a pure Offer for Sale (OFS); NSE will not receive any proceeds from the issue.
Price Band: ₹1,700–1,785 per share.
Listing Date: September 24, 2026.
Market Leadership: NSE held a 92.99% share in the cash market, 99.79% in equity futures and 74.71% in equity options by premium turnover in FY26.
Large Investor Base: As of June 30, 2026, NSE had 261.36 million registered investor accounts and 132.37 million unique registered investors.
Strong Market Position Globally: NSE was the world's largest multi-asset-class exchange by number of trades in cash equities and equity derivatives in FY26.
Revenue Mix: Transaction charges accounted for 78.65% of FY26 revenue from operations, with options contributing 60.22%.
FY26 Performance: Revenue stood at ₹16,601 crore, while PAT was ₹10,302 crore. The year saw pressure from regulatory measures and higher STT impacting derivatives activity.
Signs of Recovery: Q1FY27 revenue grew 13.1% YoY to ₹4,560 crore, while PAT increased 6.7% YoY to ₹3,120 crore.
Structural Growth Drivers: Increasing financialisation of household savings, rising retail participation, digital infrastructure and broader capital-market penetration continue to support the sector.
Key Watch-outs: NSE remains sensitive to regulatory changes, taxation/STT changes, trading volumes and potential operational or technology disruptions.

NSE IPO opens today on BSE.

Sep 17, 2026, 9:45 am IST

NSE IPO GMP Live: Check Top 10 Biggest IPOs In India

Is NSE IPO Biggest In India?

Sep 17, 2026, 9:44 am IST

NSE IPO GMP Live: NSE IPO Records Rs 6,746 Crore Worth Bids From Anchor Investors

Domestic Institutional Leadership: Domestic investors anchored the majority of the allocation by committing ₹3,588 crore (~53% of the total anchor book), led by over 25 mutual funds and 11 major insurance/pension entities like LIC.
Strong Global Interest: Foreign Portfolio Investors (FPIs) invested ₹2,883 crore (~43% of the anchor portion), featuring contributions from over 20 foreign long-only funds, sovereign funds like Abu Dhabi Investment Authority (ADIA) and Norway's Norges Bank, and key asset managers like Fidelity and Goldman Sachs.
Massive Issue Size: The overall NSE IPO aims to raise ₹22,568.94 crore, making it the second-largest public issue in Indian stock market history.
Offer for Sale Structure: The public offer consists entirely of an Offer for Sale (OFS) of 12.64 crore equity shares from existing shareholders, with zero fresh issuance of equity shares by the exchange.
Key Bidding Details: The price band for the IPO has been fixed at ₹1,700 to ₹1,785 per share, with a minimum lot size of 8 shares for bidders.

Ahead of its main public subscription, the National Stock Exchange of India (NSE) successfully raised ₹6,471–₹6,746 crore through its anchor investor allocation. The anchor book witnessed strong, broad-based participation from over 150 institutional investors, with domestic mutual funds, insurance, and pension funds taking the leading share alongside substantial backing from global sovereign wealth funds and foreign portfolio investors.

Sep 17, 2026, 9:31 am IST

NSE IPO GMP Live: NSE Is The Second Largest IPO Of India

At a size of Rs 22,562 crore, NSE is the second largest IPO of the country. The title of mother of all IPOs in India is held by Hyundai with Rs 27,870 crore IPO size. NSE has surpassed the LIC IPO, which was launched in 2021 with a Rs 21,008 crore offer. At fourth and fifth are Paytm and Coal India's IPO of Rs 18,300 crore and Rs 15,200 crore, launched in 2021 and 2010, respectively.

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Sep 17, 2026, 9:30 am IST

NSE IPO GMP Live: Major PSUs Sell Stake In NSE IPO

Major promoters, especially PSUs like State Bank of India, Bank of Baroda and General Insurance Corporation of India, New India Assurance, National Insurance Company, and United India Insurance, are offloading heavy stakes in the IPO for the public to buy. In total, up to 12,64,36,650 equity shares will be offered for sale.

Sep 17, 2026, 9:29 am IST

NSE IPO GMP Live: NSE IPO Price Bands

The IPO's price band is at the lower end of Rs 1,700 and upper end of Rs 1,785. There is an employee discount of RS 170 on the IPO.

Sep 17, 2026, 9:29 am IST

NSE IPO GMP Live: NSE IPO Opening & Closing Dates

The IPO will be open for subscription on September 17 and will close on September 21st. The subscription window is open only for 3 days, however, market will be closed on September 19th and 20th due to weekend holiday.

Sep 17, 2026, 9:29 am IST

NSE IPO GMP Live: NSE IPO Size

The IPO size is Rs 22,569 crore, purely through an offer for sale.