Business news · IPO & Capital Markets · 24 Sept 2026
National Stock Exchange of India shares listed at Rs 1,800 on BSE, 0.84% above the Rs 1,785 issue price, valuing the exchange at about Rs 4.45 trillion and placing it among BSE's ten most valuable companies. The Rs 22,562-crore issue, entirely an offer for sale by existing shareholders, drew bids for 50.58 crore shares against 8.86 crore on offer, or 5.71 times: QIBs 12.68 times, non-institutional investors 6.55 times and retail 1.39 times. It is India's second-largest IPO after Hyundai Motor India's Rs 27,858.75-crore issue in 2024.
The listing gives investors a direct way to own India's dominant exchange and creates a valuation benchmark for listed market-infrastructure companies such as BSE, CDSL and MCX. Because the issue was an offer for sale, the proceeds went to selling shareholders, including State Bank of India, rather than to NSE. The modest retail response and small listing gain contrasted with heavy institutional demand, a signal of how far investor appetite for very large issues stretches.
Reported by Business Standard — “NSE's big-bang IPO delivers quiet debut, shares list at nearly 1% premium” ↗ on 24 Sept 2026.
NSE stocks, from the last close on or before 24 Sept 2026 to the close on 16 Oct 2026.
| Sector | Stocks | Median move | Up | vs all stocks |
|---|---|---|---|---|
| Financial Services | 125 | -3.0% | 30 of 125 | +0.7 pts |
| All tracked stocks | 804 | -3.7% | 215 of 804 | — |
| Company | Then | Now | Move |
|---|---|---|---|
| BSE Ltd. BSE | ₹3,183.8 | ₹3,363 | +5.6% |
US inflation is running more than one percentage point above the Fed's 2% goal, and the minutes keep a further increase on the table without naming a meeting. Market pricing, as reported, points to no change in October…
A company's first result after listing is the first set of numbers that was not in its prospectus, and for these four it produced moves of 3% to 20% in a day in opposite directions. The results are for April-June, a…
The close shows where a higher policy rate was priced first: capital-heavy metal producers (Hindalco, JSW Steel, Tata Steel) and borrowers' purchases such as vehicles and homes, where loan costs feed straight into…
The split shows where the market places the cost of dearer money: on businesses whose sales depend on financed purchases (vehicles, homes) and on non-bank lenders that borrow wholesale, rather than on banks, whose…