Last Chance to Subscribe for NSE IPO (Day 3): Check Key Dates and Details

The National Stock Exchange (NSE) Initial Public Offering (IPO) is nearing its subscription deadline, set to close on September 21, 2026.
Investors have the opportunity to participate in this Offer for Sale (OFS) with a minimum investment of ₹14,280 for 1 lot, comprising 8 shares. The issue size stands at ₹22,561.57 crore, and the shares will be listed on BSE Limited.
Key Details of NSE IPO
The NSE IPO bidding period commenced on September 17, 2026, and will conclude on September 21, 2026. Investors can place bids within the price range of ₹1,700 to ₹1,785 per share. Retail investors are offered a discount of ₹170. The maximum investment allowed is ₹1,99,920 for 14 lots, totalling 112 shares.
The IPO involves an Offer for Sale of up to 12.64 crore equity shares, each with a face value of ₹1. As there is no fresh issue, the proceeds will be directed to the selling shareholders after deducting offer-related expenses. NSE will not receive any proceeds from this IPO.
Important Dates and Subscription Details of NSE IPO
Following the IPO closing on September 21, 2026, the basis of allotment is likely to be finalised on September 22, 2026. Refunds will be initiated on September 23, 2026, and shares will be transferred to demat accounts on the same day. The IPO listing is likely to be on September 24, 2026.
As of Day 1, the IPO subscription details are as follows: Qualified Institutional Buyers (QIB) subscribed 0.19x, Non-Institutional Investors (NII) 0.72x, and retail investors 0.44x, resulting in a total subscription of 0.43x.
As of Day 2, the IPO subscription details are as follows: Qualified Institutional Buyers (QIB) subscribed 1.53x, Non-Institutional Investors (NII) 1.68x, and retail investors 0.72x, resulting in a total subscription of 1.16x.
As of Day 3 (till 10:40 AM), the IPO subscription details are as follows: Qualified Institutional Buyers (QIB) subscribed 1.83x, Non-Institutional Investors (NII) 2.23x, and retail investors 0.86x, resulting in a total subscription of 1.43x.
Consolidated NSE IPO Subscription and Bidding Details
| SR. NO. | CATEGORY | NO. OF SHARES OFFERED / RESERVED | NO. OF SHARES BID FOR | Day 1 Subscription (September 17, 2026) | Day 2 Subscription (September 18, 2026) | Day 3 Subscription (September 21, 2026) |
| 1 | Qualified Institutional Buyers (QIBs) | 2,52,07,867 | 4,61,40,840 | 0.19 | 1.53 | 1.83 |
| 1(a) | Foreign Institutional Investors (FIIs) | - | 1,28,80,384 | - | - | - |
| 1(b) | Domestic Financial Institutions (Banks/FIs/Insurance) | - | 2,55,24,896 | - | - | - |
| 1(c) | Mutual Funds | - | 28,03,248 | - | - | - |
| 1(d) | Others | - | 49,32,312 | - | - | - |
| 2 | Non Institutional Investors | 1,89,00,483 | 4,21,84,232 | 0.72 | 1.68 | 2.23 |
| 2.1 | NII (Bid amount > 10 Lakh Rupees) | 1,26,00,322 | 2,78,16,448 | - | 1.60 | 2.21 |
| 2.1(a) | Corporates | - | 17,33,872 | - | - | - |
| 2.1(b) | Individuals (Other than RIIs) | - | 2,45,46,096 | - | - | - |
| 2.1(c) | Others | - | 15,36,480 | - | - | - |
| 2.2 | NII (Bid amount > 2 Lakh Rupees upto 10 Lakh Rupees) | 63,00,161 | 1,43,67,784 | - | 1.83 | 2.28 |
| 2.2(a) | Corporates | - | 1,48,776 | - | - | - |
| 2.2(b) | Individuals (Other than RIIs) | - | 1,38,83,176 | - | - | - |
| 2.2(c) | Others | - | 3,35,832 | - | - | - |
| 3 | Retail Individual Investors (RIIs) | 4,41,01,125 | 3,79,40,144 | 0.44 | 0.72 | 0.86 |
| 3(a) | Cut Off | - | 3,41,35,064 | - | - | - |
| 3(b) | Price bids | - | 38,05,080 | - | - | - |
| 4 | Employees | 4,33,436 | 7,58,920 | 0.97 | 1.53 | 1.75 |
| 4(a) | Cut Off | - | 5,74,336 | - | - | - |
| 4(b) | Price bids | - | 1,84,584 | - | - | - |
| - | Total | 8,86,42,911 | 12,70,24,136 | 0.43 | 1.16 | 1.43 |
Read More: Shareholders Retain Most Holdings in NSE IPO, Offer Only 5.11% of Total Equity in OFS!
About the National Stock Exchange (NSE)
Established in 1992, NSE is a leading financial venue in India, known for pioneering screen-based electronic trading in 1994. It introduced the Nifty 50 index in 1996. NSE operates a vertically integrated business model, offering execution, clearing, and settlement services. By March 2016, it held an 85% market share in cash equities and 94% in equity derivatives.
Conclusion
The NSE IPO, closing on September 21, 2026, offers a minimum investment of ₹14,280 and a maximum of ₹1,99,920. The issue size is ₹22,561.57 crore, with shares to be listed on BSE. Subscription details show a total of 1.16x as of Day 2.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 21, 2026, 11:26 AM IST

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