Economy

NSE IPO Expected to Price Between ₹1,700 and ₹1,785 Per Share

Bloomberg2h
THE BRIEF
1

The National Stock Exchange (NSE) is preparing for its highly anticipated IPO, with reports suggesting a price band between ₹1,700 and ₹1,785 per share.

2

The public issue is estimated to be worth approximately ₹30,000 crore, with a potential opening date set for September 18 and listing by September 25.

3

Market sentiment remains positive, with the Grey Market Premium (GMP) already hitting ₹285 following the official SEBI approval for the exchange's demutualization process.