{
  "id": 6693238,
  "title": "NSE IPO Size Cut To ₹22,567 Crore, Much-Awaited Issue Opens September 17",
  "url": "https://urgent.news/2026/09/11/nse-ipo-size-cut-to-22-567-crore-much-awaited-issue-opens-september-17",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T02:05:55.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/nse-ipo-size-cut-to-22567-crore-much-awaited-issue-opens-september-17"
  },
  "original_language": "en",
  "account": "The National Stock Exchange (NSE) is set to launch its eagerly-anticipated initial public offering (IPO) on September 17, signaling a long-awaited return to the stock market after nearly a decade of regulatory complications. The three-day issue will conclude on September 21, with anchor investor bidding commencing on September 16, as outlined in the red herring prospectus (RHP). The NSE anticipates announcing the price band on Friday.\n\nThe revised IPO will consist of an offer for sale (OFS) of up to 12.64 crore equity shares from the current shareholders, a reduction from the previously announced 14.9 crore shares. Consequently, the projected issue size has decreased from an earlier estimate of around ₹30,000 crore to an estimated range of ₹21,494 crore to ₹22,567 crore. At the higher estimate, NSE would lag behind Hyundai Motor India's ₹27,870 crore IPO, presently the largest public offering in the country. However, it may still surpass Life Insurance Corporation of India's ₹21,000 crore IPO, which was launched in 2022.\n\nState Bank of India has lowered its proposed OFS to roughly 1.60 crore shares from the earlier 2.47 crore shares. MS Strategic (Mauritius) Ltd has also decreased its offering to 1.1 crore shares from 1.6 crore shares. Other participants such as Bank of Baroda, Stock Holding Corporation of India Ltd, General Insurance Corporation of India, and SBI Capital Markets Ltd have also trimmed their proposed share sales. Importantly, the IPO is an entirely OFS, meaning that NSE will not receive any proceeds; these funds will be directed to the respective shareholders.",
  "summary": "New Delhi: The National Stock Exchange (NSE) will launch its much-awaited initial public offering (IPO) on September 17, moving closer to a stock market listing after nearly a decade of regulatory hurdles. The three-day issue will remain open until September 21, while bidding for anchor investors will take place on September 16, according to the red herring prospectus (RHP). NSE is expected to…",
  "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."
}