- Share.Market
- 7 min read
- 16 Sep 2026
NSE IPO Allotment Status — Updated 16 September 2026: allotment is tentatively scheduled for Tuesday, 22 September 2026. This guide explains when allotment should be visible, where to check it, and what happens after allotment.
Key Takeaways
- Allotment date: Tentatively expected on Tuesday, 22 September 2026.
- Registrar: MUFG Intime India Pvt. Ltd. — check status there first, or via BSE.
- Listing date: Tentatively set for Thursday, 24 September 2026 on the BSE (NSE cannot list its own shares on its own exchange).
- Price band and lot size: ₹1,700–₹1,785 per share, in lots of 8 shares.
- Structure: This is a 100% offer for sale by 23 existing shareholders — NSE itself raises no fresh capital from this IPO.
NSE IPO: Key Details at a Glance
| IPO Name | National Stock Exchange of India Limited |
| Issue Type | Mainboard |
| Listing At | BSE only (an exchange cannot list its own shares on its own trading platform) |
| Price Band | ₹1,700 – ₹1,785 per share |
| Face Value | ₹1 per share |
| Lot Size | 8 shares |
| Minimum Retail Investment | ₹14,280 (1 lot at upper price band) |
| Issue Size | ₹22,562 crore — entirely an offer for sale; there is no fresh issue |
| Offer for Sale By | 23 existing shareholders, including State Bank of India, Canada Pension Plan Investment Board, Aranda Investments (Mauritius), Bank of Baroda and several public-sector insurers |
| Lead Managers | 19 book-running lead managers, including Kotak Mahindra Capital, Morgan Stanley India, HSBC Securities, JM Financial, Citigroup Global Markets India and JP Morgan India |
| Registrar | MUFG Intime India Pvt. Ltd. |
What Is the NSE IPO Timeline?
| Bid Opens | Thursday, 17 September 2026 |
| Bid Closes | Monday, 21 September 2026 |
| Basis of Allotment (Expected) | Tuesday, 22 September 2026 |
| Refund Initiation (Non-Allottees) | Wednesday, 23 September 2026 |
| Credit of Shares to Demat | Wednesday, 23 September 2026 |
| Listing Date (Tentative) | Thursday, 24 September 2026 |
When Will NSE IPO Allotment Be Out?
NSE’s IPO opens for bidding on Thursday, 17 September 2026 and closes on Monday, 21 September 2026. The basis of allotment is tentatively expected to be finalised the next working day, Tuesday, 22 September 2026, with refunds for non-allottees and demat credit for successful applicants both expected on Wednesday, 23 September 2026. Listing is tentatively set for Thursday, 24 September 2026, on the BSE, since an exchange cannot list its own shares on its own trading platform. All dates remain officially tentative until the issue actually closes, as is standard practice for any IPO still in its bidding window.
How to Check NSE IPO Allotment Status
Method 1: Via MUFG Intime India Pvt. Ltd. (Registrar)
MUFG Intime India Pvt. Ltd. is the official registrar for this IPO and the fastest source for allotment data, since it manages the process directly.
- Visit the MUFG Intime India Pvt. Ltd. IPO allotment status page.
- Select “National Stock Exchange of India Limited” from the company dropdown.
- Choose your verification method — PAN, Application Number, or DP/Client ID.
- Enter the details and submit to view your allotment status.
Method 2: Via BSE
- Visit the BSE Application Status Check page.
- Select “National Stock Exchange of India Limited” as the issue name.
- Enter your Application Number and PAN.
- Submit to view your status. Data stays available on BSE for about a week after issue closure.
A note on NSE
NSE shares are listed on the BSE, not on NSE’s own platform; an exchange cannot list its own securities on its own exchange. There is no separate NSE-side status-check method for this particular IPO; use the registrar or BSE as above.
How Is the Basis of Allotment Decided?
The basis of allotment follows SEBI’s standard framework and is the same across mainboard IPOs, including NSE. In the retail category, if the issue is oversubscribed, allotment is done through a computerised lottery (draw of lots), so each successful applicant gets at least one full lot rather than a partial allocation. In the NII and QIB categories, allotment is proportionate to the shares bid for, subject to the rounding rules the registrar applies when a category is oversubscribed.
What Happens If You’re Not Allotted Shares?
If you don’t receive an allotment in the NSE IPO, the amount blocked in your bank account under ASBA is automatically unblocked; there’s no separate refund request needed. This release is tentatively expected around Wednesday, 23 September 2026, the same day successful applicants see shares credited to their demat accounts. Given the scale of this issue and the retail-friendly reservation (at least 35% of the offer), if your funds remain blocked beyond a few working days after this date, check with your bank or UPI app before contacting the registrar.
What Will NSE Do With the IPO Proceeds?
This is unlike most IPOs covered on this page: the NSE IPO is entirely an offer for sale of roughly 12.64 crore shares by 23 existing shareholders. There is no fresh issue at all, so NSE itself does not raise any capital or receive any of the proceeds. All net proceeds go directly to the selling shareholders, in proportion to the shares each of them sells, including large holders such as State Bank of India, Canada Pension Plan Investment Board, Aranda Investments (Mauritius), Bank of Baroda and several public-sector insurance companies.
What Is National Stock Exchange of India Limited?
The National Stock Exchange of India Limited was incorporated in 1992 and is today India’s largest stock exchange and among the world’s leading multi-asset exchange platforms, spanning trading, clearing, settlement, listing, market data and index services across equities, derivatives, currency derivatives, commodities, debt and mutual funds. As of 30 June 2026, NSE reported over 261 million registered investor accounts, around 129 million unique investors, 1,328 trading members and 3,005 listed companies, with roughly a 99.8% market share in equity futures and a 93-94% market share in the cash market. NSE has no identifiable promoter; its shareholding is entirely public, both before and after this IPO.
The listing itself follows a formal No-Objection Certificate SEBI granted in January 2026, after years of anticipation around when the exchange would go public, with NSE’s governing board passing enabling resolutions earlier in 2026 before the draft red herring prospectus was filed in June 2026.
FAQs
The NSE IPO opens for bidding on Thursday, 17 September 2026, and closes on Monday, 21 September 2026.
The basis of allotment is tentatively scheduled for Tuesday, 22 September 2026, one working day after the issue closes.
You can also check using your PAN or your demat account’s DP/Client ID on the MUFG Intime portal, or via the BSE allotment-status page, without needing the application number.
MUFG Intime India Pvt. Ltd. (formerly Link Intime) is the registrar for the NSE IPO.
19 book-running lead managers are handling the issue, including Kotak Mahindra Capital, Morgan Stanley India, HSBC Securities & Capital Markets (India), JM Financial, Citigroup Global Markets India and JP Morgan India.
NSE shares are tentatively expected to list on Thursday, 24 September 2026, on the BSE, since an exchange cannot list its own shares on its own trading platform.
It is entirely an offer for sale of about 12.64 crore shares by 23 existing shareholders, including State Bank of India, Bank of Baroda and several public insurers. NSE itself raises no fresh capital through this IPO.
Your blocked ASBA funds are automatically released back to your bank account, tentatively expected around 23 September 2026; no separate refund request is needed.
If the retail category is oversubscribed, allotment is done through a computerised lottery, so each successful applicant gets at least one full lot. NII and QIB categories are allotted proportionately to the shares bid for.
SEBI issued a formal No-Objection Certificate for NSE’s listing in January 2026, giving the exchange until January 2027 to complete the process. This followed board-level resolutions and culminated in the draft red herring prospectus being filed in June 2026, turning years of anticipation into a dated, confirmed offering.
