Four IPOs open on 17 September 2026, led by NSE: price bands, lots and what to check
National Stock Exchange of India, Sonaselection India, Kheria Autocomp and SpectraA Technology Solutions open for bidding on 17 September 2026 and close on 21 September 2026. The terms of each issue, the first subscription readings, and what to check before applying.
In short
- Four IPOs open on 17 September 2026: National Stock Exchange of India, Sonaselection India, Kheria Autocomp and SpectraA Technology Solutions, all closing on 21 September 2026.
- NSE's issue is ₹22,568.94 crore at the top of its ₹1,700–₹1,785 band, with a minimum bid of 8 shares (₹14,280).
- Kheria Autocomp and SpectraA Technology Solutions are SME issues: larger minimum lots, and shares that trade in those lots after listing.
- First-day subscription figures are an early reading of a multi-day window; institutional demand usually shows up last.
- Applications are made through ASBA — funds are blocked, not debited, until allotment — and one PAN can make one application.
Four IPOs open for bidding on 17 September 2026: National Stock Exchange of India, Sonaselection India, Kheria Autocomp and SpectraA Technology Solutions — 2 on the main board and 2 on the SME platform. All of them close on 21 September 2026. The one most readers will be here for is the National Stock Exchange itself, at ₹22,568.94 crore the largest issue of the day by a distance. This page sets out the terms of each issue as filed, the first subscription readings, and what separates a main-board application from an SME one.
At a glance
- National Stock Exchange of India (main board) — ₹1,700–₹1,785 a share, ₹22,568.94 crore, closes 21 September 2026.
- Sonaselection India (main board) — ₹94–₹99 a share, ₹141.57 crore, closes 21 September 2026.
- Kheria Autocomp (SME) — ₹96–₹101 a share, ₹46.44 crore, closes 21 September 2026.
- SpectraA Technology Solutions (SME) — ₹112–₹118 a share, ₹42.52 crore, closes 21 September 2026.
National Stock Exchange of India IPO (NSE)
- Price band ₹1,700–₹1,785 a share, on a face value of ₹1.
- Issue size ₹22,568.94 crore at the top of the band, about 12.64 crore shares.
- Minimum bid 8 shares — ₹14,280 at the top of the band.
- Employee discount of ₹170 a share for eligible employees.
- Bidding 17 September 2026 to 21 September 2026.
- Registrar: MUFG Intime India Private Limited (formerly Link Intime India Private Limited).
- Book running lead manager: Kotak Mahindra Capital Company Limited.
By 10:25 AM IST on the first day the book was 0.10x subscribed overall — institutions (QIB) <0.01x, non-institutional investors 0.26x, retail 0.13x and employees 0.19x. That is a reading from the opening hours of a multi-day window, not a result: institutional bids in particular tend to arrive late, often on the final day.
Live subscription, dates and documents are on the issue's IPO Center page and our NSE IPO analysis, which reads the DRHP line by line.
Sonaselection India IPO (SONA)
- Price band ₹94–₹99 a share, on a face value of ₹10.
- Issue size ₹141.57 crore at the top of the band, about 1.43 crore shares.
- Minimum bid 150 shares — ₹14,850 at the top of the band.
- Bidding 17 September 2026 to 21 September 2026.
- Registrar: KFin Technologies Limited.
- Book running lead manager: Choice Capital Advisors Private Limited.
By 10:25 AM IST on the first day the book was 0.07x subscribed overall — institutions (QIB) 0.00x, non-institutional investors 0.06x and retail 0.13x. That is a reading from the opening hours of a multi-day window, not a result: institutional bids in particular tend to arrive late, often on the final day.
Live subscription, dates and documents are on the issue's IPO Center page and our Sonaselection India IPO article.
Kheria Autocomp IPO (KHERIAAUTO)
- Price band ₹96–₹101 a share, on a face value of ₹10.
- Issue size ₹46.44 crore at the top of the band, about 45.98 lakh shares.
- Bidding 17 September 2026 to 21 September 2026.
- Registrar: Kfin Technologies Limited.
- Book running lead manager: SMC Capitals Limited.
No bids had registered in the exchange data we read by 10:25 AM IST on the first day. That is the opening hours of a multi-day window, not a verdict on demand.
Live subscription, dates and documents are on the issue's IPO Center page and our Kheria Autocomp IPO article.
SpectraA Technology Solutions IPO (SPECTRAA)
- Price band ₹112–₹118 a share, on a face value of ₹10.
- Issue size ₹42.52 crore at the top of the band — ₹38.42 crore fresh issue and ₹4.11 crore offer for sale, so only the fresh part reaches the company.
- Bidding 17 September 2026 to 21 September 2026.
- Registrar: Maashitla Securities Private Limited.
- Book running lead manager: Indcap Advisors Private Limited.
No bids had registered in the exchange data we read by 10:25 AM IST on the first day. That is the opening hours of a multi-day window, not a verdict on demand.
Live subscription, dates and documents are on the issue's IPO Center page.
A main-board application and an SME one are not the same thing
Kheria Autocomp and SpectraA Technology Solutions are on the SME platform, and the differences matter more than the price band suggests. SME issues are sold in much larger minimum lots, so the smallest possible application is usually a multiple of a main-board one — check the lot size in the offer document before anything else. After listing, SME shares also trade in those same lots, which makes a small holding harder to sell in part.
None of that makes an SME issue better or worse. It makes it a different kind of commitment, and the right comparison for one is another SME issue, not a main-board name opening the same day.
Before you apply
Applications go through ASBA: your bank blocks the amount when you bid and releases it if you are not allotted, so nothing is debited until allotment. Most people apply through their broker with a UPI mandate, which has to be approved in the UPI app before the bidding window closes — an unapproved mandate is not a bid.
One application per PAN is the rule; several from the same PAN are rejected. Retail investors can bid at the cut-off price, which means accepting whatever price the book settles at within the band. And the offer document — the red herring prospectus — is where the business, the risks and the use of the money are actually set out; a grey-market number on a social feed is not a substitute for it.
Our IPO Center carries the full calendar, and the upcoming list shows what opens next.
Frequently asked questions
Which IPOs open on 17 September 2026?
National Stock Exchange of India (main board, up to ₹1,785 a share), Sonaselection India (main board, up to ₹99 a share), Kheria Autocomp (SME, up to ₹101 a share) and SpectraA Technology Solutions (SME, up to ₹118 a share). All close on 21 September 2026.
What is the NSE IPO price band and lot size?
₹1,700 to ₹1,785 a share, with a minimum bid of 8 shares — ₹14,280 at the top of the band. The issue is ₹22,568.94 crore at the upper end and closes on 21 September 2026.
Is money deducted when I apply for an IPO?
No. Under ASBA the amount is blocked in your bank account when you bid, and is debited only for the shares you are allotted. If you are not allotted, the block is released.
Can I apply more than once for the same IPO?
Not from the same PAN. Multiple applications under one PAN are treated as duplicates and rejected.