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NSE sets IPO price band at Rs 1,700-1,785

43 sourcesUpdated 11 Sept 2026, 2:34 am Coverage regionsGlobal · India · International
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NSE has fixed its initial public offering price band at Rs 1,700 to Rs 1,785 per share.

The issue is valued at about Rs 22,561-Rs 22,569 crore and is entirely an offer for sale by existing shareholders.

Subscription opens on September 17, with anchor investor bidding on September 16 in one report.

The issue closes on September 21, and listing is scheduled for September 24.

Why it mattersThe IPO terms determine investor demand, fundraising size, and the market value assigned to India’s largest stock exchange.
More context

Several existing shareholders, including SBI, have reduced their proposed sale quantities, while LIC is reported to have decided not to sell shares.

AGREEMENT VS DISAGREEMENT

What lines up. What splits.

A quick read on shared facts, changing details, and different emphasis.

What coverage agrees on

The reports broadly agree that NSE has set an IPO price band of Rs 1,700-Rs 1,785 and that the issue is an offer for sale by existing shareholders. They also agree on the September opening timeline, with the offer described as a large market listing.

What is changing or disputed

Details that could still vary across reports include the exact issue size and the wording of the timetable for anchor and retail bidding, though the core pricing remains consistent. The final mix of shareholders selling shares is also still described in terms of reduced stakes and decisions not to sell, which may be reflected differently across filings and reports.

HOW COVERAGE DIFFERS

Same story. Different emphasis.

Swipe through the perspectives. Labels describe coverage framing, not truth or quality.

Neutral7

The available reports present the NSE offering as a large IPO with a fixed price band of Rs 1,700 to Rs 1,785. They consistently describe it as an offer for sale rather than a fresh issue. The timing is laid out as opening on September 17, with some reports adding anchor investor bidding on September 16 and closing on September 21. One report says the issue marks a major milestone after years of stalled plans.

STORY TIMELINE

How the coverage developed

The latest eight dated reports, from earliest to newest.

GO DEEPER

Read the reporting

Scan each source take, then open the original article.

The Economic Times Neutral framing Reported

NSE fixes IPO price band at Rs 1,700-1,785 for Rs 22,561-crore offer; issue opens on September 17

Quick source take

The Economic Times reports that the National Stock Exchange has set its initial public offering price band at Rs 1,700 to Rs 1,785 per share for a Rs 22,561.57 crore offer. The subscription will open on September 17 and close on September 21, with shares scheduled to list on September 24. According to the report, the offering is entirely an offer for sale by existing shareholders, and several stakeholders have reduced their proposed sale quantities.

ETV Bharat Neutral framing Reported

NSE Sets IPO Price Band At Rs 1,700-1,785; Issue To Open On Sep 17

Quick source take

ETV Bharat reports that the National Stock Exchange has fixed its initial public offering price band at Rs 1,700 to Rs 1,785 per equity share. The offering is valued around Rs 22,569 crore and will open for subscription on September 17, following regulatory clearance from Sebi. The report notes that the issue is entirely an offer for sale by existing shareholders, who have pared down their stake sales, and marks a major milestone after years of stalled plans.

The New Indian Express Neutral framing Reported

NSE sets IPO price band at Rs 1,700-1,785; issue to raise up to Rs 22,562 crore

Quick source take

The New Indian Express reports that the National Stock Exchange of India has fixed its initial public offering price band at Rs 1,700 to Rs 1,785 per share, aiming to raise up to Rs 22,562 crore through an offer for sale. The publication details that the issue opens for anchor investors on September 16 and for other investors on September 17, closing on September 21. Furthermore, the report notes that transaction charges drive the majority of the exchange's operating revenue, accounting for nearly 79.5 percent in the quarter ended June 30, 2026.

bfsi.economictimes.indiatimes.com Neutral framing Reported

NSE sets IPO price band at Rs 1,700-1,785; issue to open on Sep 17

Quick source take

The Economic Times reports that the National Stock Exchange has announced a price band of Rs 1,700 to Rs 1,785 per equity share for its upcoming initial public offering, scheduled to open for subscription on September 17. The article outlines that the issue is entirely an offer for sale of up to 12.64 crore equity shares, raising up to Rs 22,569 crore and making it India's second-largest public issue. Additionally, the report mentions that existing shareholders like the State Bank of India have pared down their proposed stake sales.

ANI News Neutral framing Reported

NSE IPO price band fixed at Rs 1,700-1,785, bidding opens September 16, SBI largest seller: RHP

Quick source take

ANI News reports that the State Bank of India will be the largest selling shareholder in the National Stock Exchange's initial public offering, offering up to 1.60 crore equity shares. The news agency details that the IPO price band is fixed at Rs 1,700 to Rs 1,785 per equity share, with bidding scheduled to open on September 16 for anchor investors and September 17 for other investors. The report also notes that Life Insurance Corporation of India has decided not to sell any shares through the offer for sale, retaining its entire 10.72 percent holding.

Livemint Neutral framing Reported

NSE IPO GMP Today Price: Latest grey market premium rates after band announcement - Data details here

Quick source take

Livemint reports that the National Stock Exchange has set its initial public offering price band at 1,700 to 1,785 rupees per share, with the issue scheduled to open on September 16, 2026. The article outlines that the offering is entirely an offer for sale of up to 12.64 crore equity shares, detailing participation from major shareholders like the State Bank of India while noting that Life Insurance Corporation will not participate. Additionally, unlisted market trackers estimate a grey market premium of 207 rupees, suggesting a bearish sentiment based on recent trends.

TradingView Neutral framing Reported

NSE IPO GMP Today Price: Latest grey market premium rates after band announcement - Data details here

Quick source take

TradingView reports that the National Stock Exchange has established an initial public offering price band ranging from 1,700 to 1,785 rupees per equity share, opening for bidding on September 16, 2026. According to the offer document, the entire public offering consists of an offer for sale of up to 12.64 crore shares without any fresh share issuance by the company. The text also covers unlisted market data showing a grey market premium of 207 rupees and lists various selling shareholders and their acquisition costs.