๐ NSE IPO GMP hits 3% on final day
The National Stock Exchange of India (NSE) IPO concluded its final day of subscription with a grey market premium hovering around 3%. The issue, priced between Rs 1,700-1,785 per share, saw strong demand across all investor categories. By Day 2, the offering was subscribed 1.16 times its 8.86 crore shares on offer, with retail investors subscribing 72%. The IPO is entirely an Offer for Sale (OFS), meaning proceeds go to selling shareholders, not to NSE. Shares are slated to debut on the BSE on September 24, after allotment on September 22, 2026. ๐