NSE's much-awaited IPO opens today; should you apply? Check reviews, GMP

NSE IPO subscription status, GMP today: NSE has set a price band of ₹1,700-1,785 per share, with a face value of ₹ 1. In the grey market, NSE shares are trading at a premium of up to 9 per cent.

NSE IPO subscription status: The much-awaited initial public offering (IPO) of the National Stock Exchange (NSE) opened for subscription today (September 17). The exchange has set a price band of ₹1,700-1,785 per share, with a face value of ₹ 1.

The ₹22,569 crore IPO will close on September 21, making it the country's second-largest public issue after Hyundai Motor India's ₹27,870-crore offering in 2024.

NSE IPO is a book build issue of ₹22,561.57 crore. The issue is entirely an offer for sale (OFS) of 12.64 crore shares of ₹22,561.57 crore.

The minimum lot size for retail investors is 8 shares, requiring a minimum amount of ₹14,280 at the upper price band.