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  1. NSE IPO: Exchange looking for September stock market debut, as per CNBC TV18 report

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NSE IPO: Exchange looking for September stock market debut, as per CNBC TV18 report

Upstox

3 min read | Updated on September 04, 2026, 13:33 IST

SUMMARY

NSE IPO is solely an offer for sale (OFS) of 14.89 crore shares, with no fresh issue component, according to the draft red herring prospectus.

Shares of the National Stock Exchange of India Limited are proposed to be listed on BSE. | Image: Shutterstock

Shares of the National Stock Exchange of India Limited are proposed to be listed on BSE. | Image: Shutterstock

The much-awaited initial public offering of the National Stock Exchange of India (NSE) could make the stock market debut this month, CNBC-TV18 reported, citing sources familiar with the matter.
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The exchange may receive an approval from the market regulator, the Securities and Exchange Board of India (SEBI), next week. Post that, the NSE will file an updated DRHP soon, the report said.
Leading business news website Moneycontrol.com also reported that NSE may announce the price band of its IPO on September 11, and the listing may take place on September 25, citing the CNBC-TV18 report.
The NSE and SEBI have not officially confirmed the IPO dates so far.

The initial share sale is solely an offer for sale (OFS) of 14.89 crore shares, with no fresh issue component, according to the draft red herring prospectus.

Those selling their stake under the OFS route include State Bank of India (SEBI), SBI Capital Markets, MS Strategic (Mauritius) Ltd, Canada Pension Plan Investment Board, Aranda Investments (Mauritius) Pte Ltd, Stock Holding Corporation of India, Bank of Baroda, The New India Assurance Company, United India Insurance Company, General Insurance Corporation of India, and National Insurance Company.

"Our company expects that listing of the equity shares will enhance our visibility and brand image, provide liquidity to our shareholders and will also provide a public market for the equity shares in India," the draft papers said.

The proposed NSE IPO size, according to street estimates, could be worth around ₹30,000 crore, making it one of the largest public issues in the Indian capital markets.

In July, NSE had paid the last installment of ₹714.74 crore to SEBI after securing the regulator’s in-principle approval to settle the co-location and dark fibre cases for ₹1,491.21 crore.

Kotak Mahindra Capital Company, Citigroup Global Markets India, Morgan Stanley India Company, JM Financial, HSBC Securities and Capital Markets India, JP Morgan India, Anand Rathi Advisors, Axis Capital, Avendus Capital, Dam Capital Advisors, SBI Capital Markets, Equirus Capital, IDBI Capital Markets & Securities, ICICI Securities, IIFL Capital Services, HDFC Bank, Motilal Oswal Investment Advisors, 360 ONE WAM, Nuvama Wealth Management and Pantomath Capital Advisors are the issue's book-running lead managers.

Shares of the National Stock Exchange of India Limited will be listed on BSE.

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

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