National Stock Exchange of India IPO Subscription Status Day 2: Issue Subscribed 1.04 Times

Authored By HDFC SKY | Published at: Sep 18, 2026 05:44 PM IST

National Stock Exchange of India IPO Day 2 subscription stood at 1.04 times, with Retail at 0.69x, NII at 1.46x and QIB (Ex Anchor) at 1.32x as of September 18, 2026.

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Mumbai, September 18: National Stock Exchange of India IPO entered its second day of bidding on September 18, 2026. The bookbuilding issue opened on September 17 and will close on September 21. The ₹22,561.57 crore issue is entirely an offer for sale of 12.64 crore shares. The price band is fixed at ₹1,700 to ₹1,785 per share. The lot size is eight shares, with retail investors required to apply for a minimum of one lot. At the upper price band, the minimum investment is ₹14,280.

National Stock Exchange of India IPO Day 2 Subscription Status

National Stock Exchange of India IPO was subscribed 1.04 times by 4:06:09 PM on September 18, 2026, according to the subscription data available on Day 2.

Subscription Category	Subscription
Total	1.04x
Retail	0.69x
NII/HNI	1.46x
QIB (Ex Anchor)	1.32x
Employees	1.42x
Anchor Investor	1.00x

The issue received bids for 9,21,01,392 shares against 8,86,42,912 shares offered for subscription, excluding the anchor portion.

Category-wise National Stock Exchange of India IPO Subscription Status

Category	Shares Offered	Shares Bid For	Subscription
Anchor Investor	3,77,93,739	3,77,93,739	1.00x
QIB (Ex Anchor)	2,52,07,868	3,32,94,232	1.32x
NII/HNI	1,89,00,482	2,76,85,232	1.46x
bNII (>₹10L)	1,26,00,321	1,71,24,440	1.36x
sNII (<₹10L)	63,00,161	1,05,60,792	1.68x
Retail	4,41,01,125	3,05,07,352	0.69x
Employees	4,33,437	6,14,576	1.42x
Total	8,86,42,912	9,21,01,392	1.04x

The subscription figures are calculated using the upper price of the issue price range. The anchor investor portion is not included in the total number of shares offered for subscription.

The issue includes a reservation of up to 4,33,437 shares for employees, offered at a discount of ₹170 to the issue price.

National Stock Exchange of India Day-wise Subscription Summary

The overall subscription stood at 0.43x on Day 1 and reached 1.04x in the Day 2 data available at 4:06:09 PM on September 18.

Date	QIB (Ex Anchor)	NII	NII (>₹10L)	NII (<₹10L)	Retail	Employee	Total
September 17, 2026 (Day 1)	0.19x	0.72x	0.61x	0.94x	0.44x	0.97x	0.43x
September 18, 2026 (Day 2)	1.32x	1.46x	1.36x	1.68x	0.69x	1.42x	1.04x

National Stock Exchange of India IPO Timeline

IPO Milestone	Date
Issue Open Date	September 17, 2026
Issue Close Date	September 21, 2026
Basis of Allotment Date	September 22, 2026
Initiation of Refunds	September 23, 2026
Credit of Shares	September 23, 2026
Listing Date	September 24, 2026

Brief Overview Of The National Stock Exchange of India IPO

National Stock Exchange of India IPO is a ₹22,561.57 crore bookbuilding issue comprising an offer for sale of 12.64 crore shares. The IPO opened for subscription on September 17, 2026, and will close on September 21, 2026. The price band is ₹1,700 to ₹1,785 per share, with a lot size of eight shares. The minimum retail application is one lot, or eight shares, amounting to ₹14,280 at the upper price band. The issue is scheduled to list on the BSE, with the tentative listing date set for September 24, 2026. Kotak Mahindra Capital Co. Ltd. is the book running lead manager, while MUFG Intime India Pvt. Ltd. is the registrar to the issue.

Source:

https://www.nseindia.com/market-data/issue-information?symbol=NSE&series=EQ&type=Active

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