NSE IPO

About NSE IPO

The National Stock Exchange (NSE) is preparing to launch its much-awaited IPO. Its MD and CEO Ashishkumar Chauhan said that the exchange is preparing for its IPO, which is expected to hit D street within 8 to 9 months post Sebi’s clearance. Regarding filing the draft red herring prospectus (DRHP), Chauhan said that the exchange will need around 4 to 5 months to file papers after securing a no-objection certificate (NOC) from Sebi.

NSE’s issue size is TBA. The price band is TBA. The lot size is TBA. The credit of shares to the demat account will take place on TBA. The listing of shares will take place on TBA. The initiation of refunds will take place on TBA.

An institution of national importance, NSE was the first exchange in India to implement electronic or screen-based trading. It began its operations in 1994. A trusted market infrastructure institution offering high standards of corporate governance, NSE is focused on investor protection along with the development of Indian capital markets.

Objectives of NSE IPO

TBA

Industry Outlook

Indian capital markets have entered a new developmental phase. From the early 1990s, India’s capital markets underwent a fundamental transformation. This laid the groundwork for modern trading. Digital infrastructure expansion took place in the 2000s and 2010s, and it ushered in an era of market expansion.

Greater global integration, coupled with deeper institutionalisation, has further propelled Indian capital markets. Over the last 10 years, Indian capital markets have facilitated capital raising of around ₹93 lakh crores across equity and debt issuances.

Company Information

Incorporated in 1992, NSE was recognised as a stock exchange by Sebi in April 1993 and it commenced operations in 1994. Over the years, its sustained leadership positions across asset classes in the domestic and global sectors. It started operations with the launch of the wholesale debt market and over the years have expanded its lines of business and product offerings.

Strengths of NSE

TBA

Risks of NSE

TBA

NSE Financials (in ₹ crores)

Anchor Investor Bidding Date

TBA

IPO Registrar and Book Running Lead Managers

• IPO Registrar: TBA
• Book Running Lead Managers: TBA

NSE Business Model

NSE’s integrated business model spans trading, clearing and settlement, indexing, and market data services, powering the orderly growth of capital markets in India. NSE provides:

• Trading services - NSE offers a robust, high-speed, technology-led platform across asset classes like equities, debt, commodities, currencies and their derivatives, and exchange-traded funds (ETFs).

• Clearing and settlement - NSE Clearing Limited (NCL), NSE’s clearing arm, acts as the central counterparty to all trades, ensuring timely and risk-managed settlement.

• Listing services: NSE is the preferred listing platform for Indian corporates, offering enhanced capital access, credibility, and visibility.

• Market infrastructure and data services: Beyond trading and listing, NSE supports the market through real-time index solutions, data dissemination, and analytics services.

NSE Company Growth Trajectory

The total revenue of NSE jumped from ₹12,765 crores in FY 23 to ₹19,177 crores in FY 25, while its PAT jumped from ₹7356 crores in FY 23 to ₹12,188 crores in FY 25. Its net worth jumped from ₹20,478 crores in FY 23 to ₹30,353 crores in FY 25.

NSE Market Position

NSE ranks as the world’s fifth largest stock exchange. According to a Bloomberg report, NSE has achieved a valuation of $58 billion in private markets. As of March 31, 2025, NSE had experience in integrating 44 distinctive technology systems in the ITSS systems framework, and had completed 600 projects across 19 countries, having served over 400 customers. As per its annual report for FY 24-25, NSE’s domestic market share in equity cash, equity options (premium value) and equity futures stood at 93.6%, 87.4% and 99.9%, respectively. It has ~22 crores investor accounts and is India's number one clearing corporation.

How to Check Allotment Status of NSE IPO?

1. Visit the Registrar’s Website

Visit the registrar’s website and check the link for IPO allotment status. Enter your application number, DP or client ID and click on ‘Submit’ to know the status.

2. Check on the National Stock Exchange Website

The National Stock Exchange (NSE) website has an IPO bid verification module. You can use it to check the allotment status of NSE IPO. Go to the NSE website and find the 'Invest' tab. Click on 'Verify IPO Bids' under 'Resources & Tools'.

On the NSE IPO bid verification page, enter:

• Company name from dropdown
  
• Application number
  
• PAN
  

Then click 'Submit' to know the allotment status.

3. Check on the BSE Website

The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to the BSE website and find the 'Investors' tab. Under 'Investors', click on 'IPO'. This will take you to the IPO allotment status page. On the BSE IPO page, follow these steps:

• Select 'Equity' from the dropdown menu
  
• Choose 'NSE' in the next dropdown
  
• Enter your application number
  
• Enter your PAN
  
• Click 'Search’ to know allotment status
  

How to Apply for the NSE IPO?

To apply for this IPO:

• Log in to your Kotak Securities Demat account: Log in to your Demat account to access IPO investments. Next, select the current IPO section.
  
• Specify IPO details: Enter the number of lots and the price you wish to apply for.
  
• Enter UPI ID: After entering your UPI ID, click submit. This will place your bid with the exchange.
  
• Mandate Notification: Your UPI app will receive a mandate notification to block funds.
  
• Approve Request: Your funds will be blocked once you approve the mandate request on your UPI.