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Geometric colorful emblem next to NSE written in blue and bold

NSE IPO

  • Status: Upcoming
  • DRHP:
  • BSE NSE
  • ₹ 13,600 / 8 shares

    Minimum Investment

NSE IPO Details

  • Open Date

    17 Sep 2026

  • Close Date

    21 Sep 2026

  • IPO Price Range

    ₹ 1700 to ₹1785

  • IPO Size

    ₹ 22,561.57 Cr

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Last Updated: 11 September 2026 4:47 PM by 5paisa

Founded in 1994, the National Stock Exchange (NSE) is one of India’s leading stock exchanges, offering a robust platform for trading in equities, derivatives, debt instruments, and other financial products. Renowned for its advanced electronic trading infrastructure, NSE promotes transparency, efficiency, and market integrity. In addition to trading services, the exchange provides clearing and settlement facilities, market data solutions, investor education initiatives, and technological innovations that support the growth and development of India’s capital markets. 

Established in: 1994 

Managing Director:  Shri Ashishkumar Chauhan 

Peers:  

Metric NSE Limited BSE Limited
Total Revenue 16601.31 4833.95
Face Value 1 2
P/E - 66.67
EPS (Basic) 41.62 60.61
EPS (Diluted) 41.62 60.61
RONW (%) 33.21 45.00
NAV 129.75 163.60

NSE Objectives

1. Facilitate the Offer for Sale by certain selling shareholders 

2. Obtain BSE listing and enhance shareholder value creation 

NSE IPO Size 

Types Size
Total IPO Size ₹22,561.57 Cr 
Offer For Sale ₹22,561.57 Cr 
Fresh Issue -

NSE IPO Lot Size  

Application Lots Shares Amount (₹)
Retail (Min)   1 8 13,600 
Retail (Max)   14 112 1,99,920 
S-HNI (Min)  15 120  1,90,400 
S-HNI (Max)  70 560  9,99,600 
B-HNI (Min)  71 568  9,65,600 

Profit and Loss

Balance Sheet

Particulars (In ₹ Crores) FY24 FY25 FY26
Revenue 14780.01  17140.68  16601.31 
EBITDA 8305.74  12187.69  10302.06 
PAT 11442.45  13317.07  12655.90 
Particulars (In ₹ Crores) FY24 FY25 FY26
Total Assets 65463.98  69466.64  87937.44 
Share Capital 49.50  247.50  247.50 
Total Liabilities 32632.86  27038.06  42744.75 
Cash Flows (₹ Crores) FY24 FY25 FY26
Net Cash Generated From / (used in) Operating Activities 29744.28  4091.49  23836.18 
Net Cash Generated From / (used in) Investing Activities -8462.10  -5430.98  -45.87 
Net Cash Generated From / (used in) Financing Activities -3993.69  -4599.75  -8808.85 
Net Increase (Decrease) in Cash and Cash Equivalents 17287.59  -5939.24  14981.46 


Strengths

1. Market leader with deep liquidity across segments 

2. Trusted brand built on transparency and efficiency 

3. Scalable technology platform supporting high trading volumes 

4. Integrated clearing, settlement and market oversight capabilities

Weaknesses

1. Significant dependence on domestic market activity levels 

2. Revenue concentration linked to trading volumes and participation 

3. Regulatory oversight may limit operational flexibility 

4. High technology investment requirements for ongoing innovation 

Opportunities

1. Growing retail investor participation across Indian markets 

2. Expansion of data, analytics and technology services 

3. Rising demand for diversified investment products 

4. Increasing financialisation of household savings in India

Threats

1. Technology failures may disrupt trading and operations 

2. Reversal of liquidity cycle impacting market activity 

3. Infrastructure capacity constraints during peak trading periods 

4. Global shocks causing volatility and investor uncertainty

1. Dominant market position with strong network effects 

2. Trusted institution with proven operational excellence 

3. Technology-driven platform built for scale and resilience 

4. Positioned to benefit from India’s market growth 

India’s capital markets are poised for sustained growth, supported by rising retail participation, increasing financialisation of household savings, expanding digital adoption, and favourable economic fundamentals. As the country’s leading stock exchange, NSE is well positioned to benefit from higher trading volumes, greater investor engagement, growing demand for investment products, and continued development of India’s financial ecosystem. Ongoing regulatory reforms and technological advancements further strengthen the long-term growth prospects of the exchange.

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FAQs

NSE IPO opens from September 17, 2026 to September 21, 2026 

The size of NSE IPO is ₹22,561.57 Cr. 

The price band of NSE IPO is fixed at ₹1,700 to ₹1,785 per share. 

Once the NSE IPO is officially open, one can simply follow the process to apply for the IPO: 

To apply for NSE IPO, follow the steps given below: 

● Login to your 5paisa account and select the issue in the current IPO section 

● Enter the number of lots and the price at which you wish to apply for the NSE IPO 

● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange 

You will receive a mandate notification to block funds in your UPI app.

The minimum lot size is 8 shares, requiring an investment of approximately ₹‬ 13,800. 

The share allotment date of NSE IPO is September 22, 2026. 

The NSE IPO will likely be listed on September 24, 2026. 

Kotak Mahindra Capital Co.Ltd Ltd is the book running lead managers for NSE IPO. 

NSE IPO plans to utilise the raised capital from the IPO for: 

1. The National Stock Exchange of India Ltd. IPO is a 100% Offer for Sale (OFS), so the company will not receive any funding and the entire IPO proceeds will go to the selling shareholders.