NSE IPO opens for bidding: Here's how you can apply to the offer

NSE IPO subscription will start on September 17 and conclude on September 21. NSE has set the price band at ₹1,700 to ₹1,785. Investors can bid for 8 shares in each lot.

NSE IPO subscription started on September 17 and concludes on September 21. NSE has set the price band at ₹1,700 to ₹1,785. Investors can bid for 8 shares in each lot.

NSE IPO: The much-awaited initial public offer (IPO) of the National Stock Exchange (NSE) finally opened for subscription. The three-day IPO subscription window will conclude on Monday (September 21).

NSE's IPO is entirely an offer for sale (OFS), meaning none of the proceeds will go to the exchange as investors offload their stakes. Around 50 per cent of the estimated ₹21,494-22,567-crore IPO is reserved for qualified institutional buyers (QIBs), 15 per cent for non-institutional investors (NIIs), and 35 per cent for retail investors.

Below are some of the key information for retail investors who will bid for the NSE IPO.

NSE has set the price band at ₹1,700 to ₹1,785 for 12.64 crore shares being offered in the IPO. The lot size is 8 shares, which means retail investors require a minimum amount of ₹14,280 according to the upper price band.