Monday, 28 September 2026Updated 12m ago
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IPO▲ Bullish for Indian equities

'Former neighbour': Anand Mahindra recalls NSE's journey from Mahindra Towers to IPO

1 source · first seen 22:14 24 Sept · updated 22:14 24 Sept

The brief

Written from 1 report · check the source before you trade
  • NSE shares opened at ₹1,800 on the BSE, 0.84% above the ₹1,785 issue price
  • The stock later climbed 3.36% to ₹1,845
  • The listing offers investors a new way to gain exposure to India’s stock-exchange business

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Part of a developing story41 updates over 5 days

NSE IPO debut, valuation and self-listing plans

NSE’s ₹22,569 crore IPO was subscribed nearly six times, and its shares opened at ₹1,800 before rising to ₹1,845. The exchange has said it is open to self-listing if SEBI permits; analysts have flagged its valuation of ₹4.4 trillion, or 43 times earnings.

Friday, 25 September

  1. NSE debuts on BSE with minor gains amid selloff
  2. NSE CEO on Growth after landmark listing
  3. NSE’s modest listing puts spotlight on muted gains from big IPOs

Thursday, 24 September

  1. You are here
    'Former neighbour': Anand Mahindra recalls NSE's journey from Mahindra Towers to IPO
  2. 2 sources
    NSE listing lifts BSE turnover; NSE stock accounts for nearly half
  3. NSE sees no change in duties as listed entity; to protect market integrity, public interest:Chairman
  4. NSE lists at a modest premium of 0.8%

See all 41 updates →

Read the reports

1 report · earliest 22:14
Business Today'Former neighbour': Anand Mahindra recalls NSE's journey from Mahindra Towers to IPO22:14