NSE IPO listing likely tomorrow: GMP at ₹81; Share price prediction ahead of BSE debut

NSE IPO was subscribed 5.71 times overall, with the QIB portion at 12.68 times and NII at 6.55 times, while retail portion lagged at 1.39 times. Listing is expected on 24 September with grey market premium at plus ₹81, indicating an estimated listing price of about ₹1,866 against the upper band of ₹1,785, a premium of roughly 4.5%. The issue is valued at 40.9 to 42.9 times FY26 diluted EPS, at a discount to BSE's 52.7 to 54.3 times.