NSE IPO price likely at ₹1,700 to ₹1,785 per share; valuation may reach ₹4.4 lakh crore

The National Stock Exchange of India (NSE) is likely to price its much awaited initial public offering at ₹1,700 to ₹1,785 per share.

At the upper end of the reported price range, NSE could be valued at around ₹4.4 lakh crore, or about $46.4 billion, placing it among India's largest companies by market capitalisation.

NSE IPO price band in focus

The expected price band comes as NSE prepares for its long awaited stock market listing. The proposed pricing could make the IPO one of the most closely watched public offerings in India's capital markets.

The final price band, issue size and other offer details are expected to determine the exchange's valuation when it enters the public market.

NSE IPO could be among India's biggest

The NSE IPO could rank among India's largest public offerings, alongside the planned listing of Jio Platforms.

NSE is India's dominant equity derivatives exchange and is also the world's most active derivatives exchange by contracts traded. Its strong position in India's capital markets has made the upcoming IPO a major event for investors.

NSE IPO listing expected in September

NSE is targeting a stock market listing in the week starting September 21, following regulatory approval to proceed with the IPO.

The exchange may also reduce the stake offered in the IPO to around 5.5% of total equity capital, compared with the originally planned 6%. The final offer structure will be known once the company makes its formal announcement.

NSE IPO valuation and investor interest

At the upper end of the expected price range, NSE's valuation could reach around ₹4.4 lakh crore. The proposed valuation reflects the size of its operations and its position in India's equity derivatives market.

Investors will now watch for the formal announcement of the IPO price band, offer size and other issue details. The final pricing will determine the valuation at which NSE enters the public market.