CriticalPositive
Announced Fri, 4 Sept · 18:20 IST

NSE IPO GMP today: Latest price shows ₹200 premium per share as SEBI okays much-awaited ₹30,000 cr public issue

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The National Stock Exchange IPO has received final SEBI observations on September 4, clearing a key regulatory hurdle after years of delays linked to the co-location controversy. The issue size is estimated at around Rs 30,000 crore through an offer for sale of 149 million equity shares (6 percent of paid-up capital), which would make it India's largest-ever IPO, surpassing Hyundai Motor India's Rs 27,859-crore issue and LIC's Rs 20,557-crore listing. Grey market premium is currently at about Rs 200 per share, indicating strong unofficial investor interest; selling shareholders include SBI, CPPIB, Morgan Stanley affiliates, Temasek, and Bank of Baroda.