NSE
- Issue price
- ₹ 1,785
- Issue size
- ₹ 22,561.57 Cr.
- Min. investment
- ₹ 14,280
- Listing price
- ₹ 1,800
- Subscribed
- 5.71x
- Lot size
- 8 shares
- P/E
- 35.4
- RoNW
- 33.21%
- RoCE
- 42.80%
- PAT margin
- 50.98%
- EBITDA margin
- 66.85%
- RoE
- 32.98%
- EPS
- ₹ 50.43
- NAV
- ₹ 129.75
About
National Stock Exchange of India Limited, known as NSE, was set up in November 1992. It is India's largest stock exchange and one of the leading multi-asset exchanges in the world. It runs what is called a vertically integrated ecosystem, which means it handles the whole chain rather than one part of it. This covers trading, clearing, settlement, listing of companies, market data, index services and regulatory oversight, across equities, derivatives, currency derivatives, commodities, debt securities and mutual funds. It has held the leading position in India in cash market turnover, in equity derivatives and in currency derivatives. As on 31 March 2026 the exchange had more than 253 million registered investor accounts and 129 million unique investors, 1,325 trading members and 2,978 listed companies, with total listed market capitalisation of about Rs 411 trillion. During FY2026 more than Rs 20.3 trillion was raised through its platform. It runs on a large technology setup that handles high frequency trading, live market data, risk management, surveillance and compliance, and it reaches more than 99% of Indian postal codes. As on 31 March 2026 it had 1,974 full time employees, with another 907 employed across its subsidiaries.
Timeline
- doneOpens17 Sep
- doneCloses21 Sep
- doneAllotment22 Sep
- doneRefunds23 Sep
- doneDemat credit23 Sep
- doneListing24 Sep
Grey market premium (GMP)
GMP is an unofficial premium from the unregulated grey market. It is not published, verified or regulated by SEBI, NSE or BSE, grey market deals are not legally enforceable, and it is not a reliable indicator of the listing price. Do not apply for an IPO on the basis of GMP. It is not a recommendation of Minerva Capital Research Solutions.
- Highest
- ₹ 218 on 11 Sep 2026
- Lowest
- ₹ 39 on 24 Sep 2026
- First quoted
- ₹ 218 on 11 Sep 2026
Subscription
How many times each investor group bid for its share, as of 25 Sep 2026, 12:03 AM IST.
How much to apply for
The smallest and largest bids for each kind of investor at the upper price band.
| Retail (Min) | 1 | 8 | ₹ 14,280 |
| Retail (Max) | 14 | 112 | ₹ 1,99,920 |
| S-HNI (Min) | 15 | 120 | ₹ 2,14,200 |
| B-HNI (Min) | 71 | 568 | ₹ 10,13,880 |
Company overview
Financials
| Assets | 87,937.44 | 69,466.64 | 65,463.98 |
| Total Income | 18,713.37 | 19,176.83 | 16,352.06 |
| Profit After Tax | 10,302.06 | 12,187.69 | 8,305.74 |
| EBITDA | 11,097.9 | 12,646.88 | 9,869.81 |
| NET Worth | 31,869.72 | 30,165.05 | 23,833.1 |
| Reserves and Surplus | 31,866.04 | 30,105.83 | 23,924.91 |
| Total Borrowing | 0 | 0 | 0 |
Strengths
- The company is completely debt free. Total borrowing was nil in FY2024, FY2025 and FY2026, against a net worth of Rs 31,869.72 crore.
- The margin is exceptional. Profit after tax of Rs 10,302.06 crore on total income of Rs 18,713.37 crore is a PAT margin of 50.98%, with an EBITDA margin of 66.85%.
- Return ratios are very high, with RoCE of 42.80% and RoNW of 33.21%.
- It is the largest stock exchange in India and has held the leading position in cash market turnover, equity derivatives and currency derivatives.
- The scale is enormous, with over 253 million registered investor accounts, 129 million unique investors, 2,978 listed companies and about Rs 411 trillion of listed market capitalisation as on 31 March 2026.
- It earns across the whole chain, from trading and clearing to settlement, listing fees, market data and index services, so it is not dependent on one revenue line.
- Running an exchange needs a licence from SEBI and enormous technology and surveillance infrastructure, which makes it close to impossible for a new competitor to replicate.
- Reach extends to more than 99% of Indian postal codes, and Rs 20.3 trillion was raised on its platform during FY2026.
- Employees get a discount of Rs 170 per share on the issue price, and the lot size is small at 8 shares, which keeps the retail application amount modest despite the high share price.
Risks
- Profit fell sharply in the latest year. Profit after tax came down 15% from Rs 12,187.69 crore in FY2025 to Rs 10,302.06 crore in FY2026, and total income also fell from Rs 19,176.83 crore to Rs 18,713.37 crore.
- The entire issue is an offer for sale of Rs 26,579.64 crore. Not a single rupee comes to the exchange itself, and all of it goes to the selling shareholders.
- Earnings depend directly on market turnover. A prolonged fall in trading volumes, particularly in derivatives, would cut revenue with no cost offset.
- This is a heavily regulated business. SEBI decisions on derivative lot sizes, expiry frequency and transaction charges directly change how much the exchange earns, and such rules have been tightened in recent years.
- A large share of income comes from the derivatives segment, so any regulatory or behavioural shift away from derivatives trading has an outsized effect.
- No promoter is named in the data available to us and the pre-issue promoter holding is shown as not applicable, so there is no promoter group standing behind the company.
- Exchanges attract regulatory scrutiny and litigation as a matter of course, and any adverse finding carries both financial and reputational cost.
- Total assets grew from Rs 69,466.64 crore to Rs 87,937.44 crore while profit fell, so the additional capital employed has not yet translated into earnings.
- At the upper band of Rs 1,785 the P/E works out to about 35.4 times on a post issue EPS of Rs 50.43, which values the exchange at about Rs 4,41,787.50 crore even as its profit is falling.
Anchor investors
189 anchors put in ₹ 6,746.22 Cr., including 98 mutual funds.
| LIFE INSURANCE CORP.OF INDIA | 22,42,584 | 400.3 | 5.93% |
| LIC ULIP-GROWTH FUND | 2,24,096 | 40 | 0.59% |
| LIC NEW PENSION PLUS GROWTH FUND | 56,024 | 10 | 0.15% |
| GOVERNMENT PENSION FUND GLOBAL | 14,00,560 | 250 | 3.71% |
| MONETARY AUTHORITY OF SINGAPORE | 11,20,448 | 200 | 2.96% |
| ABU DHABI INVESTMENT AUTHORITY-MONSOON | 11,20,448 | 200 | 2.96% |
| LSOI SPV 1 LTD. | 5,60,224 | 100 | 1.48% |
| LSOII SPV 3 LTD. | 5,60,224 | 100 | 1.48% |
| FIDELITY FUNDS-INDIA FOCUS FUND | 9,98,520 | 178.24 | 2.64% |
| DENDANA INVESTMENTS (MAURITIUS) LTD.MANAGED BY FIL INVESTMENT MANAGEMENT (SINGAPORE) LTD. | 35,480 | 6.33 | 0.09% |
| FIDELITY INDIA FUND | 86,448 | 15.43 | 0.23% |
| SBI BANKING & FINANCIAL SERVICES FUND | 5,60,224 | 100 | 1.48% |
| ICICI PRUDENTIAL BALANCED ADVANTAGE FUND | 1,23,840 | 22.11 | 0.33% |
| ICICI PRUDENTIAL MULTI-ASSET FUND | 2,88,960 | 51.58 | 0.76% |
| ICICI PRUDENTIAL LARGE CAP FUND | 3,71,512 | 66.31 | 0.98% |
| HDFC LARGE CAP FUND | 5,35,400 | 95.57 | 1.42% |
| HDFC BANKING & FINANCIAL SERVICES FUND | 2,48,912 | 44.43 | 0.66% |
| NIPPON INDIA LARGE CAP FUND | 7,84,312 | 140 | 2.08% |
| KOTAK AGGRESSIVE HYBRID FUND | 1,74,288 | 31.11 | 0.46% |
| KOTAK LARGE CAP FUND | 87,144 | 15.56 | 0.23% |
| KOTAK CONTRA FUND | 52,288 | 9.33 | 0.14% |
| KOTAK ELSS TAX SAVER FUND | 87,144 | 15.56 | 0.23% |
| KOTAK MULTICAP FUND | 3,48,592 | 62.22 | 0.92% |
| KOTAK BANKING & FINANCIAL SERVICES FUND | 34,856 | 6.22 | 0.09% |
| AXIS LARGE CAP FUND | 3,64,800 | 65.12 | 0.97% |
| AXIS ELSS TAX SAVER FUND | 3,64,800 | 65.12 | 0.97% |
| AXIS ESG INTEGRATION STRATEGY FUND | 54,712 | 9.77 | 0.14% |
| ADITYA BIRLA SUN LIFE BANKING & FINANCIAL SERVICES FUND | 1,40,056 | 25 | 0.37% |
| ADITYA BIRLA SUN LIFE MULTI-CAP FUND | 2,94,888 | 52.64 | 0.78% |
| ADITYA BIRLA SUN LIFE LARGE CAP FUND | 2,74,504 | 49 | 0.73% |
| APEX HYBRID LONG-SHORT FUND | 7,640 | 1.36 | 0.02% |
| ADITYA BIRLA SUN LIFE EQUITY SAVINGS FUND | 67,224 | 12 | 0.18% |
| UTI AGGRESSIVE HYBRID FUND | 1,05,584 | 18.85 | 0.28% |
| UTI LARGE & MID CAP FUND | 1,50,832 | 26.92 | 0.4% |
| UTI LARGE CAP FUND | 2,41,328 | 43.08 | 0.64% |
| UTI RETIREMENT FUND | 30,168 | 5.38 | 0.08% |
| UTI MASTER EQUITY PLAN UNIT SCHEME | 45,248 | 8.08 | 0.12% |
| UTI DIVIDEND YIELD FUND | 1,29,712 | 23.15 | 0.34% |
| UTI BANKING & FINANCIAL SERVICES FUND | 45,248 | 8.08 | 0.12% |
| UTI CONSERVATIVE HYBRID FUND | 21,112 | 3.77 | 0.06% |
| UTI EQUITY SAVINGS FUND | 15,080 | 2.69 | 0.04% |
| MIRAE ASSET LARGE CAP FUND | 3,92,152 | 70 | 1.04% |
| MIRAE ASSET LARGE & MIDCAP FUND | 3,92,160 | 70 | 1.04% |
| TATA MUTUAL FUND - TATA ELSS - TAX SAVER FUND | 99,160 | 17.7 | 0.26% |
| TATA LARGE & MID CAP FUND | 2,12,048 | 37.85 | 0.56% |
| TATA BALANCED ADVANTAGE FUND | 2,12,048 | 37.85 | 0.56% |
| TATA BANKING & FINANCIAL SERVICES FUND | 1,27,168 | 22.7 | 0.34% |
| TATA DIGITAL INDIA FUND | 1,05,880 | 18.9 | 0.28% |
| TATA DIVIDEND YIELD FUND | 28,008 | 5 | 0.07% |
| FRANKLIN ASIAN EQUITY FUND | 56,016 | 10 | 0.15% |
| FRANKLIN INDIA LARGE CAP FUND | 4,76,192 | 85 | 1.26% |
| FRANKLIN BUILD INDIA FUND | 1,79,272 | 32 | 0.47% |
| INVESCO INDIA CONTRA FUND | 7,84,312 | 140 | 2.08% |
| SBI NPS TRUST-SBI PENSION FUND SCHEME-CENTRAL GOVT. | 1,96,072 | 35 | 0.52% |
| SBI NPS TRUST-SBI PENSION FUND SCHEME-E TIER I | 3,72,552 | 66.5 | 0.99% |
| SBI NPS TRUST-SBI PENSION FUND SCHEME-E TIER II | 28,016 | 5 | 0.07% |
| SBI NPS TRUST-SBI PENSION FUND SCHEME-ATAL PENSION YOJANA | 1,54,056 | 27.5 | 0.41% |
| SBI NPS TRUST-SBI PENSION FUND-NPS LITE SCHEME-GOVT.PATTERN | 28,016 | 5 | 0.07% |
| SBI NPS TRUST-SBI PENSION FUND-UPS-CG SCHEME | 61,624 | 11 | 0.16% |
| SBI LIFE INSURANCE CO.LTD. | 8,40,336 | 150 | 2.22% |
| HDFC LIFE INSURANCE CO.LTD. | 8,40,336 | 150 | 2.22% |
| EDELWEISS LARGE CAP FUND | 56,024 | 10 | 0.15% |
| EDELWEISS AGGRESSIVE HYBRID FUND | 1,12,048 | 20 | 0.3% |
| EDELWEISS BALANCED ADVANTAGE FUND | 3,92,152 | 70 | 1.04% |
| EDELWEISS RECENTLY LISTED IPO FUND | 2,24,088 | 40 | 0.59% |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM-MANAGED BY GOLDMAN SACHS ASSET MANAGEMENT,LP | 30,816 | 5.5 | 0.08% |
| GOLDMAN SACHS FUNDS-GOLDMAN SACHS ASIA EQUITY PORTFOLIO | 28,016 | 5 | 0.07% |
| GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO | 4,75,072 | 84.8 | 1.26% |
| GOLDMAN SACHS ETF TRUST-GOLDMAN SACHS INDIA EQUITY ETF | 28,016 | 5 | 0.07% |
| QSIF EQUITY LONG-SHORT FUND | 4,76,184 | 85 | 1.26% |
| QSIF EQUITY EX-TOP 100 LONG-SHORT FUND | 3,08,128 | 55 | 0.82% |
| EASTSPRING INVESTMENTS INDIA EQUITY OPEN LTD. | 5,82,632 | 104 | 1.54% |
| EASTSPRING INVESTMENTS INDIA INFRASTRUCTURE EQUITY OPEN LTD. | 67,224 | 12 | 0.18% |
| EASTSPRING INVESTMENTS-INDIA CONSUMER EQUITY OPEN LTD. | 67,224 | 12 | 0.18% |
| HSBC GLOBAL INVESTMENT FUNDS-INDIAN EQUITY | 6,27,448 | 112 | 1.66% |
| 360 ONE BEST IN CLASS | 5,33,904 | 95.3 | 1.41% |
| FP CARMIGNAC EMERGING MARKETS | 67,160 | 11.99 | 0.18% |
| CARMIGNAC PORTFOLIO | 4,03,992 | 72.11 | 1.07% |
| CARMIGNAC EMERGENTS | 6,49,296 | 115.9 | 1.72% |
| INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD. | 9,80,392 | 175 | 2.59% |
| ASHOKA WHITEOAK ICAV-ASHOKA WHITEOAK INDIA OPPORTUNITIES FUND | 2,28,944 | 40.87 | 0.61% |
| ASHOKA WHITEOAK ICAV-ASHOKA WHITEOAK EMERGING MARKETS EQUITY FUND | 3,87,304 | 69.13 | 1.02% |
| WHITEOAK CAPITAL FLEXI CAP FUND | 56,024 | 10 | 0.15% |
| WHITEOAK CAPITAL ELSS TAX SAVER FUND | 5,600 | 1 | 0.01% |
| WHITEOAK CAPITAL LARGE CAP FUND | 50,424 | 9 | 0.13% |
| WHITEOAK CAPITAL BALANCED ADVANTAGE FUND | 11,208 | 2 | 0.03% |
| WHITEOAK CAPITAL SPECIAL OPPORTUNITIES FUND | 11,208 | 2 | 0.03% |
| WHITEOAK CAPITAL MULTI ASSET ALLOCATION FUND | 11,208 | 2 | 0.03% |
| WHITEOAK CAPITAL MULTI CAP FUND | 44,816 | 8 | 0.12% |
| WHITEOAK CAPITAL BALANCED HYBRID FUND | 11,208 | 2 | 0.03% |
| WHITEOAK CAPITAL LARGE & MID CAP FUND | 70,008 | 12.5 | 0.19% |
| WHITEOAK CAPITAL BANKING & FINANCIAL SERVICES FUND | 56,024 | 10 | 0.15% |
| WHITEOAK CAPITAL ESG BEST-IN-CLASS STRATEGY FUND | 1,400 | 0.25 | 0% |
| WHITEOAK CAPITAL QUALITY EQUITY FUND | 12,608 | 2.25 | 0.03% |
| WHITEOAK CAPITAL EQUITY SAVINGS FUND | 2,800 | 0.5 | 0.01% |
| WHITEOAK CAPITAL AGGRESSIVE HYBRID FUND | 11,208 | 2 | 0.03% |
| WHITEOAK CAPITAL DIVIDEND YIELD FUND | 8,400 | 1.5 | 0.02% |
| VALIANT MAURITIUS PARTNERS OFFSHORE LTD. | 7,28,288 | 130 | 1.93% |
| VALIANT INDIA OPPORTUNITIES LTD. | 56,024 | 10 | 0.15% |
| HSBC LARGE CAP FUND | 94,336 | 16.84 | 0.25% |
| HSBC LARGE & MID CAP FUND | 56,960 | 10.17 | 0.15% |
| HSBC ELSS TAX SAVER FUND | 1,36,688 | 24.4 | 0.36% |
| HSBC FLEXI CAP FUND | 2,05,008 | 36.59 | 0.54% |
| DSP MULTI ASSET ALLOCATION FUND | 3,08,120 | 55 | 0.82% |
| DSP BANKING & FINANCIAL SERVICES FUND | 1,12,048 | 20 | 0.3% |
| HDFC NPS TRUST-HDFC PENSION MANAGEMENT CO.LTD.-SCHEME E-TIER I | 1,23,248 | 22 | 0.33% |
| HDFC NPS TRUST-HDFC PENSION MANAGEMENT CO.LTD.-SCHEME E-TIER II | 1,00,840 | 18 | 0.27% |
| HDFC NPS TRUST-HDFC PF NPS EQUITY ADVANTAGE FUND-TIER I | 39,216 | 7 | 0.1% |
| HDFC NPS TRUST-HDFC PENSION MANAGEMENT CO.LTD.-NPS VATSALYA SCHEME | 16,808 | 3 | 0.04% |
| AXIS MAX LIFE INSURANCE LTD.-ULIF 00125/06/04 LIFEGROWTH104-GROWTH FUND | 84,272 | 15.04 | 0.22% |
| AXIS MAX LIFE INSURANCE LTD.-ULIF 01108/02/07 LIFEGRWSUP104-GROWTH SUPER FUND | 2,80,112 | 50 | 0.74% |
| AXIS MAX LIFE INSURANCE LTD.-UEGFH-HIGH GROWTH FUND II | 30,808 | 5.5 | 0.08% |
| PGIM INDIA FLEXI CAP FUND | 1,12,032 | 20 | 0.3% |
| PGIM INDIA MIDCAP FUND | 1,12,032 | 20 | 0.3% |
| PGIM INDIA LARGE & MIDCAP FUND | 22,432 | 4 | 0.06% |
| ITI MULTI CAP FUND | 56,032 | 10 | 0.15% |
| ITI SMALL CAP FUND | 56,024 | 10 | 0.15% |
| ITI LARGE CAP FUND | 28,008 | 5 | 0.07% |
| ITI BANKING & FINANCIAL SERVICES FUND | 11,200 | 2 | 0.03% |
| ITI FLEXI CAP FUND | 56,024 | 10 | 0.15% |
| ITI LARGE & MIDCAP FUND | 39,208 | 7 | 0.1% |
| BAJAJ FINSERV LARGE & MID CAP FUND | 1,68,064 | 30 | 0.44% |
| BAJAJ FINSERV BANKING & FINANCIAL SERVICES FUND | 39,216 | 7 | 0.1% |
| UNION FLEXI CAP FUND | 1,06,440 | 19 | 0.28% |
| UNION SMALL CAP FUND | 61,624 | 11 | 0.16% |
| UNION LARGECAP FUND | 39,216 | 7 | 0.1% |
| LIC MF LARGE CAP FUND | 1,51,256 | 27 | 0.4% |
| LIC MF VALUE FUND | 56,024 | 10 | 0.15% |
| SAMCO MULTI CAP FUND | 53,256 | 9.51 | 0.14% |
| SAMCO LARGE CAP FUND | 44,800 | 8 | 0.12% |
| SAMCO LARGE & MID CAP FUND | 47,600 | 8.5 | 0.13% |
| VALUE PARTNERS HIGH-DIVIDEND STOCKS FUND | 84,032 | 15 | 0.22% |
| VALUE PARTNERS GREATER CHINA HIGH YIELD INCOME FUND | 84,032 | 15 | 0.22% |
| INDIA EQUITY FUND I | 1,40,056 | 25 | 0.37% |
| ZURICH INVEST INSTITUTIONAL FUNDS-ZIF AKTIEN EMERGING MARKETS-EM SYSTEMATIC EQUITY PORTFOLIO MANAGED BY WELLINGTON MANAGEMENT INTERNATIONAL LTD. | 61,112 | 10.91 | 0.16% |
| VANGUARD EMERGING MARKETS SELECT STOCK FUND | 71,984 | 12.85 | 0.19% |
| MOTILAL OSWAL LARGE CAP FUND | 1,34,448 | 24 | 0.36% |
| NJ BALANCED ADVANTAGE FUND | 1,43,696 | 25.65 | 0.38% |
| NJ FLEXI CAP FUND | 1,75,632 | 31.35 | 0.46% |
| BANDHAN CONTRA FUND | 1,00,840 | 18 | 0.27% |
| BARODA BNP PARIBAS BANKING & FINANCIAL SERVICES FUND | 31,744 | 5.67 | 0.08% |
| BARODA BNP PARIBAS LARGE & MID CAP FUND | 63,488 | 11.33 | 0.17% |
| LIC NPS TRUST-LIC PENSION FUND SCHEME E-TIER I | 84,032 | 15 | 0.22% |
| AMBAR GLOBAL FUND LP | 2,80,112 | 50 | 0.74% |
| KRONE FINSTOCK PRIVATE LIMITED | 2,80,112 | 50 | 0.74% |
| ZETA GLOBAL FUNDS (OEIC) PCC LTD.-ZETA SERIES A FUND PC | 1,68,064 | 30 | 0.44% |
| FLC INVESTCO,LLC | 1,40,048 | 25 | 0.37% |
| GHISALLO MASTER FUND LP | 1,12,040 | 20 | 0.3% |
| AUTHUM INVESTMENT & INFRASTRUCTURE LTD. | 84,032 | 15 | 0.22% |
| GLOBE FINCAP LTD. | 1,12,040 | 20 | 0.3% |
| VENUS INVESTMENTS VCC-VENUS STELLAR FUND | 1,12,040 | 20 | 0.3% |
| VIKASA INDIA EIF I FUND-INCUBE GLOBAL OPPORTUNITIES | 1,12,040 | 20 | 0.3% |
| NX INDIA OPPORTUNITY GIFT TRUST | 1,12,040 | 20 | 0.3% |
| INTELLECTIVE FUNDS VCC-RIGA GROWTH FUND | 1,12,040 | 20 | 0.3% |
| ABAKKUS GROWTH FUND-OPEN ENDED | 84,032 | 15 | 0.22% |
| FLUMEN INVESTMENT TRUST-1729 GROWTH FUND I | 84,032 | 15 | 0.22% |
| KINGSWAY FUND-FRONTIER CONSUMER FRANCHISES | 84,032 | 15 | 0.22% |
| ACM MASTER FUND | 84,032 | 15 | 0.22% |
| BANK OF INDIA ELSS TAX SAVER | 56,024 | 10 | 0.15% |
| BANK OF INDIA BUSINESS CYCLE FUND | 22,400 | 4 | 0.06% |
| UTI NPS TRUST-UTI PENSION FUND SCHEME-E TIER I | 63,304 | 11.3 | 0.17% |
| UTI NPS TRUST-UTI PENSION FUND-NPS LITE SCHEME-GOVT.PATTERN | 15,120 | 2.7 | 0.04% |
| DURO INDIA OPPORTUNITIES FUND PTE.LTD. | 72,824 | 13 | 0.19% |
| KOTAK MAHINDRA LIFE INSURANCE CO.LTD. | 61,624 | 11 | 0.16% |
| EDELWEISS LIFE INSURANCE CO.LTD. | 61,624 | 11 | 0.16% |
| SBI GENERAL INSURANCE CO.LTD. | 61,624 | 11 | 0.16% |
| AXIS NPS TRUST-AXIS PENSION FUND MANAGEMENT LTD.-SCHEME E-TIER I | 51,544 | 9.2 | 0.14% |
| NPS TRUST A/C - AXIS PENSION FUND MANAGEMENT LIMITED SCHEME E- TIER II | 1,400 | 0.25 | 0% |
| AXIS NPS TRUST-AXIS PENSION FUND MANAGEMENT LTD.-NPS GOLDEN YEARS FUND-GROWTH TIER I | 2,240 | 0.4 | 0.01% |
| AXIS NPS TRUST-AXIS PENSION FUND MANAGEMENT LTD.-NPS VATSALYA SCHEME | 840 | 0.15 | 0% |
| ARVESTA FINANCIAL SERVICES PVT.LTD. | 28,012 | 5 | 0.07% |
| NEO ALTERNATIVES INVESTMENT TRUST-NEO TREASURY PLUS FUND | 28,012 | 5 | 0.07% |
| LYPTUS PUNCH CARD FUND LVF | 56,026 | 10 | 0.15% |
| HCL CAPITAL PVT.LTD. | 28,013 | 5 | 0.07% |
| ASHIKA GLOBAL FINANCE PVT.LTD. | 28,013 | 5 | 0.07% |
| RAJASTHAN GLOBAL SECURITIES PVT.LTD. | 28,012 | 5 | 0.07% |
| WINRO COMMERCIAL (INDIA) LTD. | 28,012 | 5 | 0.07% |
| GROWW LARGE CAP FUND | 7,003 | 1.25 | 0.02% |
| GROWW MULTICAP FUND | 21,009 | 3.75 | 0.06% |
| DHARMAYUG INVESTMENTS LTD. | 28,012 | 5 | 0.07% |
| SB OPPORTUNITIES FUND II | 28,012 | 5 | 0.07% |
| VINEY GROWTH FUND | 28,012 | 5 | 0.07% |
| NAVI FINSERV LTD. | 28,012 | 5 | 0.07% |
| MONEYWISE FINANCIAL SERVICES PVT.LTD. | 28,012 | 5 | 0.07% |
| ASTORNE CAPITAL VCC-ARVEN | 1,12,040 | 20 | 0.3% |
| SOCIETE GENERALE-ODI | 17,70,306 | 316 | 4.68% |
| BNP PARIBAS FINANCIAL MARKETS-ODI | 9,80,392 | 175 | 2.59% |
| MORGAN STANLEY ASIA (SINGAPORE) PTE.-ODI | 1,40,056 | 25 | 0.37% |
| BOFA SECURITIES EUROPE SA-ODI | 28,013 | 5 | 0.07% |
Registrar, lead managers and documents
- Listing on
- BSE
- Face value
- ₹ 1 a share
- Registrar
- MUFG Intime India Private Limited
- Lead managers
- JM Financial Ltd., HSBC Securities & Capital Markets (India) Pvt. Ltd., Nuvama Wealth Management Ltd., Axis Capital, ICICI Securities, Motilal Oswal Investment Advisors, IDBI Capital Markets & Securities Ltd., Avendus Capital, Equirus Capital Pvt.Ltd., Kotak Mahindra Capital Company Limited, Pantomath Capital Advisors Pvt Ltd, IIFL Capital Services Limited, Dam Capital Advisors Ltd, Hdfc Bank Limited
- Basis of allotment
- Open
IPO dates, prices, grey market premium (GMP), subscription and the company overview: IPO Guru, updated three times a day. GMP is an unofficial premium from the unregulated grey market. It is not published, verified or regulated by SEBI, NSE or BSE, grey market deals are not legally enforceable, and it is not a reliable indicator of the listing price. Do not apply for an IPO on the basis of GMP. It is not a recommendation of Minerva Capital Research Solutions.
Our recommendations are research opinions, not investment advice. Read the offer document (RHP) and consult your financial adviser before investing.