The National (NSE) (IPO) of ₹22,568 crore was fully subscribed on its second day, reflecting strong investor demand for India's largest stock exchange.
₹22,568 Crore
IPO Size
⏳ Time Machine
How today’s news fits into the bigger picture
2016
Initial IPO Plans Unveiled
The NSE first announced its intention to launch an IPO, but the plans faced several delays due to regulatory concerns and investigations into certain governance issues within the exchange. The proposed issue size at the time was significantly smaller.
March 2023
SEBI Imposes Penalties
SEBI imposed penalties on the NSE and some of its former executives related to co-location issues, further delaying the IPO process as the exchange worked to address compliance and governance reforms. This was a significant hurdle.
March 2026
SEBI Approves Revised DRHP
The Securities and Exchange Board of India (SEBI) gave its final approval for NSE's updated Draft Red Herring Prospectus (DRHP), paving the way for the IPO after years of delays and regulatory scrutiny. This was the green light for the current offering.
September 17, 2026
NSE IPO Opens For Subscription
The National 's IPO opened for public subscription, marking the beginning of the bidding process. The initial response was strong, with the issue being partially subscribed on day one.
Today
NSE's ₹22,568 crore IPO was fully subscribed on its second day.
What happens next?
The NSE IPO will continue to attract bids until its closing date, followed by share allotment and an anticipated listing on a rival stock exchange.
The National Stock Exchange (NSE) achieved full subscription for its massive **₹22,568 crore** Initial Public Offering (IPO) on just its second day of bidding. This strong investor interest highlights the significant demand for shares of India's largest stock exchange. The IPO comprises an Offer for Sale (OFS) of existing shares, meaning no new shares are being issued by the company itself. This rapid subscription signals confidence in the NSE's market position and future growth prospects.
💭 If you're wondering…
In an Offer for Sale (OFS), existing shareholders of a company sell their shares to the public. Unlike a fresh issue, the company itself does not receive any proceeds from the sale. The money goes to the selling shareholders. This IPO structure means the NSE is not raising fresh capital directly.
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