loading
loading
NSE IPO: Ahead of the launch of the much-awaited initial public offering (IPO), NSE managing director and CEO Ashishkumar Chauhan said on 11 September that the exchange has not applied to the market regulator, SEBI, to trade its own shares on its platform. According to reports, the exchange CEO said that NSE has not filed any application so far to seek permission to trade its shares on its own exchange. As Mint reported earlier, the NSE IPO will open on 17 September 2026 and close on 21 September 2026. The book build issue will be available at a price band of ₹1,700 to ₹1,785, and it will be 100% offer for sale (OFS). As the subscription window closes on 21 September, the NSE IPO share allotment date is 22 September, and the likely NSE IPO listing date is 24 September 2026. The exchange has cut the OFS size roughly by 15%, bringing it to 12.64 crore equity shares from 14.9 crore shares proposed in the DRHP. At the price band of ₹1,700 to ₹1,785 per share, the IPO is estimated to raise ₹21,494-22,569 crore, which is significantly lower than the earlier estimate of around ₹30,000 crore. At the upper price band, the issue is estimated at ₹22,569 crore. So, it will be the country's second-largest IPO after Hyundai Motor India's ₹27,870 crore IPO in 2024. The NSE IPO, however, will surpass the ₹21,000 crore LIC IPO launched in 2022. SBI is selling 1.6 crore shares, while MS Strategic (Mauritius) is selling 1.1 crore shares in the OFS. Bank of Baroda is selling 76.9 lakh shares, Stock Holding Corporation of India is selling 61.87 lakh shares, General Insurance Corporation of India is selling 61.87 lakh shares, National Insurance Company is selling 40 lakh shares, and Mahagony is selling 30 lakh shares in the OFS. Canada Pension Plan Investment Board is offloading 1.18 crore shares, while Aranda Investments (Mauritius), New India Assurance Company Ltd and United India Insurance Company are selling 1.12 crore, 1.05 crore and 60 lakh shares, respectively. Read all market-related news here Disclaimer: This article is for educational purposes only and does not constitute investment advice. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary. For about a decade, Livemint—News Desk has been a credible source for authentic and timely news, and well-researched analysis on national news, business, personal finance, corporates, politics and geopolitics. We bring the latest updates on all the listed companies on BSE and NSE, startups, mutual funds, Union ministries, geopolitics, and untapped human interest stories from around the world, helping our readers to stay informed on the latest developments around the globe. Our Coverage Areas 1. Companies: Comprehensive news and analysis on listed and unlisted companies, corporate announcements, corporate chatter, C-suite, business trends, hiring alerts, layoffs, work-life balance, world's top billionaires and richest and more. 2. Personal finance: Insights into mutual funds, small savings schemes like - PPF, SSY, post office savings scheme, stock to watch, personal loans, credit cards, top bank FDs, real estate, income tax and more. 3. Politics: Comprehensive coverage of general elections, state elections and bypolls, Lok Sabha, Vidhan Sabha, Parliament, PMO, PIB, finance ministry, home ministry, among other union ministries and government departments. 4. National News: From metro cities like Delhi, Mumbai, and e to untapped stories from rural India, we cover human interest, health, education, crime and courts, and law and order, among other areas of public interest. 5. Economy: In-depth analysis of India's macro and micro-economic indicators like- GDP, inflation, forex, fiscal deficit, current account deficit, interest rate cycle, economic recovery, RBI circulars, indirect taxes, GST, Insolvency and Bankruptcy imports, exports and everything that impacts Indian economy. 6. Geopolitics: Well-rounded and deeply researched coverage on US News, Oval Office European Union, Ukraine Russia War, middle-east crisis, royal families and global leaders like - Donald Trump, Vladimir Putin, Kim Jong Un, Xi Jinping and premiers of other leading economies in the world. Meet the Team 1. Gulam Jeelani, Political Affairs Editor 2. Sugam Singhal, Senior Assistant Editor 3. Chanchal, Assistant Editor 4. Sanchari Ghosh, Chief Content Producer 5. Pratik Prashant Mukane, Chief Content Producer 6. Sayantani Biswas, Chief Content Producer 7. Ravi Hari, Deputy Chief Content Producer 8. Garvit Bhirani, Deputy Chief Content Producer 9. Akriti Anand, Senior Content Producer 10. Jocelyn Felix Fernandes, Senior Content Producer 11. Swastika Das Sharma, Content Producer 12. Mausam Jha, Content Producer 13. Riya R Alex, Trainee Content Producer Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.
document fetched 2026-09-12 02:58 · canonical https://livemint.com/market/ipo/nse-ipo-nse-shares-not-to-trade-on-its-own-platform-no-application-filed-with-sebi-to-trade-own-shares-says-ceo-11789127151946.html