{
  "id": 8192797,
  "title": "NSE IPO Day 2: After 43% subscription on first day, what brokerages are saying",
  "url": "https://urgent.news/2026/09/18/nse-ipo-day-2-after-43-subscription-on-first-day-what-brokerages-are",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T05:17:02.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/business/india-business/nse-ipo-day-2-after-43-subscription-on-first-day-gmp-stands-at-8-what-brokerages-are-saying/articleshow/134326592.cms"
  },
  "original_language": "en",
  "account": "National Stock Exchange (NSE) shares were in demand on the second day of subscription for its IPO, with a grey market premium of around 8%. The issue, which was 43% subscribed on the first day, began with a price band of Rs 1,700-1,785 per share and a minimum investment requirement of Rs 14,280 for retail investors. Brokerages expressed cautious optimism about the IPO, viewing NSE as a structural growth story and a long-term holding. However, the valuation remains a consideration, with the IPO priced at 42.9 times FY26 earnings.",
  "summary": "NSE IPO: On the first day, the issue was subscribed 43% overall, with bids received against the 8.86 crore shares on offer. Retail investors subscribed to 44% of the 4.41 crore shares reserved for them.",
  "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."
}