NSE IPO: Months after filing papers, and nearly a decade after its first attempt to enter the primary market, National Stock Exchange (NSE) initial public offering is all set to reach another milestone. The NSE IPO price band is expected to be released soon this week, as per media reports.
Amid growing buzz around the NSE IPO, investors are closely tracking details of its price band, issue size, and IPO timeline. Here are the latest details about the NSE IPO, from its price band release date, expected price band, issue size, etc.
NSE IPO price band is expected to be announced on Friday, September 11, according to multiple media reports. Livemint couldn’t independently verify the development. As per reports, the country’s largest stock exchange may get listed as soon as this month.
In a separate development, NSE has reportedly cut the issue size of its IPO. The proposed dilution of shares by existing shareholders could fall from 6% to 5.2%-5.5%, according to a PTI report.
NSE IPO grey market premium (GMP) today indicated 11.82% listing gain, as on Thursday, September 10. Its IPO GMP stood at ₹211 which hints at an estimated listing price of ₹1785 (sum of upper price band and IPO GMP today).