NSE IPO GMP Today: Latest GMP, Subscription Status and Listing Date
The NSE IPO closed for subscription on September 21, 2026. Here is the latest grey market premium, final subscription response, price band, allotment timeline and listing date.
The National Stock Exchange of India (NSE) IPO became one of the biggest market stories in India this September. The issue closed on September 21 after a three-day bidding period, with the final subscription response reaching about 5.7 times the shares on offer.
Search interest around the IPO has also focused heavily on the phrase NSE IPO GMP, which refers to the premium indicated in the unofficial grey market before listing. GMP data can change quickly and is not an official NSE or stock-exchange price indicator.
NSE IPO GMP Today: September 21, 2026
On September 21, reports tracking the grey market placed the NSE IPO GMP at roughly ₹49 per share. Against the upper issue price of ₹1,785, that indicated an unofficial grey market premium of around 2.7% at that point.
Final NSE IPO Subscription Status
The IPO received strong demand by the end of the bidding window. Reports on the final day placed the overall subscription at around 5.7 times, with qualified institutional buyers accounting for the largest portion of the demand.
| Investor Category | Final Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 12.68x |
| Non-Institutional Investors (NII) | About 6.55x |
| Retail Investors | About 1.39x |
| Employees | About 2.40x |
| Overall | About 5.71x |
NSE IPO Price Band, Lot Size and Issue Size
The NSE IPO had a price band of ₹1,700 to ₹1,785 per share. The retail lot size was 8 shares, making ₹14,280 the minimum application amount at the upper end of the price band.
| IPO | National Stock Exchange of India (NSE) |
|---|---|
| Price Band | ₹1,700 – ₹1,785 per share |
| Retail Lot Size | 8 shares |
| Minimum Retail Application | ₹14,280 at the upper price band |
| Issue Size | About ₹22,562 crore |
| Issue Structure | Offer for Sale (OFS) |
| Subscription Period | September 17 – September 21, 2026 |
| Expected Allotment | September 22, 2026 |
| Expected Listing | September 24, 2026 |
When Will NSE IPO Shares Be Listed?
NSE shares are scheduled to make their market debut on September 24, 2026. The listing is planned on the BSE, with allotment expected to be processed on September 22.
Why Is the NSE IPO Getting So Much Attention?
The IPO is notable because the National Stock Exchange is one of the central institutions in India's capital markets. The public issue also marks NSE's transition from a privately held exchange to a listed company after years of preparation.
The issue itself is an Offer for Sale, meaning existing shareholders are selling shares rather than NSE issuing a fresh batch of equity to raise new operating capital.
What Does GMP Actually Mean?
GMP stands for Grey Market Premium. It represents the unofficial premium or discount at which an IPO share may be quoted in the grey market before its formal stock-exchange listing.
Because the grey market is unofficial and outside the exchange order book, GMP should not be treated as a guaranteed forecast of the listing price. Actual market prices can be different.
NSE IPO: What Happens Next?
With bidding now closed, the next major steps are share allotment, finalisation of refunds or unblocking of application funds, credit of shares to successful applicants and the scheduled market debut on September 24.
Investors checking IPO-related updates should rely on official exchange disclosures, the IPO registrar and company filings for final allotment and listing information rather than unofficial grey-market figures alone.
Frequently Asked Questions
What is the NSE IPO GMP today?
Reports on September 21, 2026 put the NSE IPO GMP at around ₹49 per share. GMP is unofficial and can change.
How much was the NSE IPO subscribed?
Final reports placed the overall subscription at about 5.71 times, with QIB demand at about 12.68 times.
What was the NSE IPO price band?
The price band was ₹1,700 to ₹1,785 per share.
When is the NSE IPO listing date?
The scheduled market listing date is September 24, 2026.
Is NSE IPO GMP an official figure?
No. GMP comes from the unofficial grey market and is not an exchange-issued price indication.
Sources
- Reuters — final subscription response and listing timeline.
- Financial Express — final subscription, price band and listing details.
- India Infoline — September 21 GMP tracking and final-day subscription data.
- NDTV Profit — price band and retail lot size.
Financial disclaimer: This article is for informational and educational purposes only. It is not investment advice or a recommendation to buy or sell any security. IPO and grey-market information can change, and readers should verify official details before making financial decisions.