NSE IPO shares to list tomorrow: GMP signals 2% listing gain ahead of market debut
National Stock Exchange of India (NSE) IPO shares will list on BSE tomorrow, September 24, 2026. Ahead of the debut, grey market premium signals a modest 2.4% listing gain over the upper price band of Rs 1,785. The Rs 22,562 crore offer for sale was subscribed 5.71 times overall.
SS Retail shares saw a significant rise of over 6% after their listing, trading at Rs 677 despite the IPO price being Rs 424 per share. The company listed above market expectations with a 50.73% premium on the BSE and a 47.17% premium on the NSE. This impressive performance exceeded the unlisted market's expectations of a 35% gain.
Analysts noted the strong revenue growth and profitability of the company, with total income increasing by 47% and profit after tax rising by 49% from FY25 to FY26. However, some experts caution that the current valuation appears demanding, with a price-to-earnings (P/E) ratio of 46.5x. Given the strong debut and limited safety margin, some investors may want to wait for consolidation and consider holding their positions with a stop-loss.
Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 2 other outlets
- SS Retail shares rally another 6% after bumper listing at 51% premium over IPO price. Buy, sell or hold? economictimes.indiatimes.com
- Hero Motors shares make lackluster debut, list at 2% discount to IPO price business-standard.com
