CriticalPositive
Announced Wed, 9 Sept · 22:59 IST

NSE IPO: Exchange to freeze ISIN from September 11; no offline share transfers allowed until listing

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The National Stock Exchange of India (NSE) will freeze its ISIN (INE721I01024) in the depository system from September 11, 2026, until its equity shares are listed, as part of IPO procedural requirements. During this freeze period, no share transfers including off-market transactions will be permitted, and pre-IPO shareholders face a mandatory lock-in period. Several existing shareholders are preparing to pare stakes through the Offer for Sale (OFS), including Indian Bank selling up to 15 lakh shares (17.91% of its holding), New India Assurance divesting 1.05 crore shares (29.83% of holding), and Bank of Baroda selling up to 76.90 lakh shares (35% of its stake).