NSE IPO GMP today: On Day 3, grey market premium stands at 3% - all you need to know
By the end of Day 2, the issue had received bids for 1.16 times the 8.86 crore shares on offer. The retail portion, which had 4.41 crore shares reserved for individual investors, was subscribed 72%.
NSE IPO GMP on final day: The grey market premium for the National Stock Exchange initial public offering today was around 3% above the upper price band. With the subscription period concluding, interest from investors remained consistent. The GMP suggests a modest gain upon the share listing. By Day 2, bids amounted to 1.16 times the 8.86 crore shares available for sale.
The retail segment, allocated for individual investors, saw a 72% subscription rate.On the IPO's total value of Rs 22,569 crore, an OFS of 12.64 crore shares was offered by existing shareholders, who would not receive funds from the offering. Proceeds would go to the selling shareholders. The price range is set at Rs 1,700-1,785, with each lot comprising eight shares.
Retail investors applying near the price ceiling face a minimum application amount of Rs 14,280. NSE's post-IPO market capitalisation is projected at roughly Rs 4,41,788 crore.The IPO will conclude on September 21, with NSE shares debuting on the BSE on September 24, and allotments expected on September 22, 2026. The NSE IPO is currently trading at approximately Rs 48, or 3% above the price band, indicating a potential moderate gain upon listing.
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