Bookbuilding IPO | ₹[.] Cr | Listing at BSE |

National Stock Exchange of India Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on June 17, 2026 to raise funds through Initial Public Offer (IPO).
National Stock Exchange of India Ltd. IPO is a Book Build Issue consisting entirely of an offer for sale of upto 14.89 crore shares.
The equity shares are proposed to be listed on BSE. Kotak Mahindra Capital Co.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to National Stock Exchange of India IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE |
| Total Issue Size | 14,89,05,525 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 14,89,05,525 shares of ₹1 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 2,47,50,00,000 shares |
| Share Holding Post Issue | 2,47,50,00,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Jun 17, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated in November 1992, National Stock Exchange of India Limited (NSE) is India's largest stock exchange and one of the world's leading multi-asset exchange platforms. NSE provides a vertically integrated ecosystem comprising trading, clearing, settlement, listing, market data, index services, and regulatory oversight across multiple asset classes, including equities, derivatives, currency derivatives, commodities, debt securities, and mutual funds.
NSE has consistently maintained its leadership position in India in cash market turnover, equity derivatives trading, and currency derivatives trading. As of March 31, 2026, the exchange served over 253 million registered investor accounts, 129 million unique investors, 1,325 trading members, and 2,978 listed companies, with a total listed market capitalization of approximately ₹411 trillion. During Fiscal 2026, over ₹20.3 trillion was mobilized through its platform.
The exchange operates on a highly scalable and resilient technology infrastructure that supports high-frequency trading, real-time market data dissemination, risk management, surveillance, and regulatory compliance. NSE plays a critical role in India's capital market ecosystem by promoting transparency, investor protection, efficient price discovery, and broad-based financial inclusion across more than 99% of Indian postal codes.
As of March 31, 2026, NSE had 1,974 full-time employees, while its subsidiaries employed an additional 907 employees across technology, operations, risk management, compliance, and business functions.
Key Strengths
National Stock Exchange of India Ltd.'s revenue decreased by 2% and profit after tax (PAT) dropped by 15% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| 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 | 11,097.90 | 12,646.88 | 9,869.81 |
| NET Worth | 31,869.72 | 30,165.05 | 23,833.10 |
| Reserves and Surplus | 31,866.04 | 30,105.83 | 23,924.91 |
| Total Borrowing | 0.00 | 0.00 | 0.00 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|
| Billionbrains Garage Ventures Ltd. | Mainboard | ₹6,632.30 Cr | ₹100 | ₹131.33 | +31.33% | ₹199.87 (-0.30%) |
| Anand Rathi Share & Stock Brokers Ltd. | Mainboard | ₹745.64 Cr | ₹414 | ₹445.55 | +7.62% | ₹558.40 (+1.57%) |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 32.98% |
| ROCE | 42.80% |
| RoNW | 33.21% |
| PAT Margin | 50.98% |
| EBITDA Margin | 66.85% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 41.62 | 41.62 |
Lead Manager Reports
National Stock Exchange of India IPO is a main-board IPO of 14,89,05,525 equity shares of the face value of ₹1 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The National Stock Exchange of India IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in National Stock Exchange of India IPO using UPI as a payment gateway. Zerodha customers can apply in National Stock Exchange of India IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in National Stock Exchange of India IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The National Stock Exchange of India IPO dates are not announced. Please check back again after some time.
National Stock Exchange of India IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in National Stock Exchange of India IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for National Stock Exchange of India IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the National Stock Exchange of India IPO allotment status.
The National Stock Exchange of India IPO listing date is not yet announced. The tentative date of listing is .