{
  "id": 8918744,
  "title": "NSE IPO receives nearly four times subscription so far on final day",
  "url": "https://urgent.news/2026/09/21/nse-ipo-receives-nearly-four-times-subscription-so-far-on-final-day",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-21T11:15:55.000Z",
  "source": {
    "name": "YourStory",
    "slug": "yourstory",
    "url": "https://yourstory.com/2026/09/nse-ipo-receives-nearly-4-times-subscription-so-far-on-final-day"
  },
  "original_language": "en",
  "account": "The National Stock Exchange of India (NSE) completed its Rs 22,569-crore initial public offering (IPO) on the final day of bidding, receiving a 3.92 times subscription. This marks the country's second-largest public issue, following Hyundai Motor India's Rs 27,870-crore IPO in 2024. The NSE IPO surpassed the Rs 21,000 crore offering by LIC in 2022 but still fell short of Hyundai Motor India's record public offer. The bidding process yielded bids for 34.78 crore shares, with 8.86 crore shares available. Qualified Institutional Buyers (QIBs) subscribed 7.99 times, while non-institutional investors were subscribed to 5.07 times. Retail investors received 1.13 times subscription. The IPO raised Rs 6,746 crore from anchor investors, including LIC, Goldman Sachs, Fidelity, sovereign wealth funds, and Eastspring. The NSE shares are slated to debut on September 24, with the IPO serving as a significant milestone in the exchange's listing journey, which had been delayed for nearly a decade due to regulatory challenges, including the co-location controversy. The Offer for Sale (OFS) portion, up to 12.64 crore shares, will benefit existing shareholders, not the NSE, as the proceeds will accrue to them.",
  "summary": "The offering is India's second-largest public issue after Hyundai Motor India's Rs 27,870-crore IPO in 2024. The IPO surpassed LIC's Rs 21,000 crore offering in 2022 but remains below Hyundai Motor India's record public offer.",
  "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."
}