NSE IPO confirmed share price band to be announced tomorrow? Where is GMP going amid heavy expectations?

National Stock Exchange (NSE) is set to announce its IPO price band, expected between Rs 1,700 and Rs 1,785 per share, with a grey market premium of Rs 211 indicating about 11.82% listing gain. The issue size has reportedly been reduced to Rs 25,000-27,000 crore from the earlier Rs 30,000 crore estimate, with OFS dilution cut to 5.2-5.5%. Subscription is likely to open on September 18 and close on September 22, with listing expected around September 25, following SEBI's DRHP approval.