NSE sets IPO price band at Rs 1,700-1,785; issue to open on September 17

The National Stock Exchange (NSE) has fixed a price band of Rs 1,700-1,785 per equity share for its much-awaited initial public offering (IPO), which will open for subscription on September 17. The Rs 22,569-crore IPO will close on September 21, making it the country's second-largest public issue after Hyundai Motor India's Rs 27,870-crore offering in 2024. The IPO comes nearly a decade after NSE's plans to go public were stalled amid regulatory hurdles.