{
  "id": 6482513,
  "title": "NSE cuts IPO size, may raise 23.5k crore",
  "url": "https://urgent.news/2026/09/09/nse-cuts-ipo-size-may-raise-23-5k-crore",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-09T21:08:33.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/business/india-business/nse-cuts-ipo-size-may-raise-23-5k-crore/articleshow/133984045.cms"
  },
  "original_language": "en",
  "account": "Mumbai-based National Stock Exchange (NSE) is cutting the size of its much-anticipated Initial Public Offering (IPO) to around Rs 23,500 crore, down from the previously estimated Rs 30,000 crore. The reduced offering would represent 5.3% of NSE's equity base, compared to the earlier planned 6%. With the IPO priced between Rs 1,700 and Rs 1,785 per share, NSE's valuation would be around Rs 4.4 lakh crore, a decline from the earlier estimate of Rs 5 lakh crore. The reduced offering size and price band would together cut the overall offering size by about Rs 6,500 crore. According to sources, despite efforts by management to encourage shareholders to sell their shares, few were willing to part with their stakes during pre-IPO days. Instead, many opted to hold onto their shares, anticipating a higher post-IPO price, and plan to decide on their holdings once the lock-in period ends.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}