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Disclaimer: CAPITA1 provides market information and educational content only. We are not a SEBI-registered investment adviser or research analyst, and nothing on this site is investment advice, a buy/sell recommendation, or a solicitation. Figures come from publicly available sources, may be delayed, and are not guaranteed accurate, complete or current. Investing in securities carries risk — consult a qualified financial adviser before making any investment decision. Using this site means you accept our Terms.

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NS

National Stock Exchange of India Limited IPO

ClosedMainboard

— · ₹1,700 – ₹1,785 · ₹22,568.94 Cr

Last updated: 06 Nov 2026, 11:18 am · 3d ago
Price Band₹1,700 – ₹1,785
Lot Size8 shares
Issue Size₹22,568.94 Cr
GMP (Unofficial)+10.36%
  • Overview
  • Timeline
  • Subscription
  • Financials
  • Valuation
  • Documents
Grey Market Premium₹185(+10.36%)Unofficial grey-market estimate — not an exchange price.
  1. 17 Sep 2026Open Date
  2. 21 Sep 2026Close Date
  3. 22 Sep 2026Allotment Date
  4. 24 Sep 2026Listing Date

Check your allotment

MUFG Intime India — allotment statusBSE allotment statusNSE allotment status

These open the registrar's and the exchanges' own websites. National Stock Exchange of India Limited is not affiliated with CAPITA1, and we never ask for your PAN or application number.

IPO Snapshot
29/ 100
Opportunity Score
🔴 Expensive
Broker Consensus
Avoid
GMP %
+10.36%
Subscription
N/A
P/E
42.89x
ROE
32.98%
ROCE
42.8%
DRHP RHP — N/A

“Broker Consensus” is CAPITA1's algorithmic verdict from GMP, subscription, fundamentals & valuation — broker recommendations aren't in our data feed. GMP is an unofficial grey-market estimate. Not investment advice.

National Stock Exchange of India Limited IPO valuation · at upper band ₹1,785

🔴 Expensive
Market Cap (Post-IPO)
₹4.42L Cr
Market Cap (Pre-IPO)
Not Available
Enterprise Value
Not Available
Earnings Per Share (EPS)
₹41.62
Net Asset Value per Share (NAV)
₹129.75
Price to Earnings (P/E) at upper band
42.89x
Price to Book (P/B)
13.76x
EV / EBITDA
Not Available
Return on Net Worth (RoNW)
33.21%
Return on Equity (ROE)
32.98%
Return on Capital Employed (ROCE)
42.8%
Debt / equity
Not Available
Formulas used (all at upper price band)
  • Market Cap (Post-IPO) = Upper Price × Post-issue Shares (Shares = Latest FY PAT ÷ EPS)
  • Market Cap (Pre-IPO) = Post-IPO Market Cap − Fresh Issue
  • Enterprise Value = Market Cap + Total Debt − Cash (cash assumed nil)
  • Total Debt = Debt/Equity × Net Worth
  • Net Worth = NAV (Book Value/Share) × Post-issue Shares
  • P/E Ratio = Upper Price ÷ EPS
  • P/B Ratio = Upper Price ÷ NAV
  • EV / EBITDA = Enterprise Value ÷ EBITDA

Company financials (EPS, NAV, ratios) from Issuer DRHP figures, compiled from public IPO listings. Ratios computed at the upper price band; not investment advice.

AI IPO AnalysisAI

DRHP / RHP IntelligenceAI

Generate an AI read of the offer document — business, risks, promoters, use of funds and an educational verdict, with citations back into the filing.

GMP (Grey Market Premium)

₹185+10.36%

CAPITA1 desk — unofficial grey-market estimate — No exchange publishes a grey-market premium; this is not investment advice. Updated 17 Sept 2026, 11:21 am.

Subscription

Subscription figures are not available for this issue.

Timeline

Open Date
17 Sept 2026
Close Date
21 Sept 2026
Allotment
22 Sept 2026
Refund
23 Sept 2026
Demat Credit
23 Sept 2026
Listing
24 Sept 2026

Lot Size & Offer

Lot Size
8 shares
Min Investment
₹14,280
Fresh Issue
Not Available
Offer for Sale
Not Available

Issue Structure

Issue Type
Book Building
Face Value
₹1
Offer for Sale
12,64,36,650 shares

Existing shares — the money goes to the selling shareholders.

Employee Discount
₹170

Per share, for the employee quota.

Retail Application Cap
₹2,00,000

Regulatory maximum for one retail application.

Employee Application Cap
₹5,00,000

As stated in the issue information filed with NSE.

Reservation

QIB
50%
NII / HNI
15%
Retail
35%
Employee
Not Available

Objectives of the Issue

Not Available

Financial Highlights (₹ Cr)

PeriodRevenuePATAssetsNet Worth
202416352.068305.7465463.98—
202519176.8312187.6969466.64—
202618713.3710302.0687937.44—
June 20265252.173120.0891334.07—
Revenue Growth
-2.42%
PAT Growth
-15.47%
EBITDA
Not Available
EBITDA Margin
Not Available
ROE
32.98%
ROCE
42.8%
Debt / equity
Not Available
Net Worth
Not Available

Promoter Holding

Pre-Issue
Not Available
Post-Issue
Not Available

Registrar & Managers

Registrar
MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
Contact Person
Shanti Gopalkrishnan
Email
nse.ipo@in.mpms.mufg.com
Phone
+91 810 811 4949
Address
C-101, Embassy 247, L.B.S. Marg Vikhroli (West), Mumbai 400 083 Maharashtra, India
Book Running Lead Managers
  • Kotak Mahindra Capital Company Limited

Offer Documents

RHP DRHP Basis of Issue Price Anchor Allocation Bidding Centres

Market data: NSE (official calendar, issue filing and subscription) · CAPITA1 desk (GMP) · updated 06 Nov 2026, 11:18 am

Fundamentals: Issuer DRHP figures, compiled from public IPO listings · fetched 03 Nov 2026, 08:13 pm

IPO calendar, issue details and subscription from NSE. Any grey-market premium shown is CAPITA1’s own unofficial estimate, collected daily from grey-market sources — not investment advice, and no exchange publishes one. Company fundamentals (financials, peers) are not part of the live feed.

Compare with listed peers

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