National Stock Exchange of India Limited IPO Review, Allotment Status, Subscription, Price, Date & more.

Get National Stock Exchange IPO details. Find IPO Date, Price, Live Subscription, Allotment, Grey Market Premium GMP, Listing Date and Review.

The National Stock Exchange of India Limited (NSE) is the leading stock exchange of India, located in Mumbai. The National Stock Exchange was established in 1992 as the first dematerialized electronic exchange in the country. National Stock Exchange was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country. Vikram Limaye is the Managing Director & Chief Executive Officer of National Stock Exchange.

National Stock Exchange has a total market capitalization of more than US$2.27 trillion, making it the world's 11th-largest stock exchange as of April 2018. National Stock Exchange's flagship index, the NIFTY 50, the 50 stock index is used extensively by investors in India and around the world as a barometer of the Indian capital markets. Nifty 50 index was launched in 1996 by the National Stock Exchange. However, Vaidyanathan (2016) estimates that only about 4% of the Indian economy / GDP is actually derived from the stock exchanges in India.

Unlike countries like the United States where nearly 70% of the GDP is derived from larger companies and the corporate sector, the corporate sector in India accounts for only 12-14% of the national GDP (as of October 2016). Of these only 7,800 companies are listed of which only 4000 trade on the stock exchanges at Bombay Stock Exchange and National Stock Exchange. Hence the stocks trading at the Bombay Stock Exchange and National Stock Exchange account for only around 4% of the Indian economy, which derives most of its income-related activity from the so-called unorganized sector and households.

Economic Times estimated that as of April 2018, 60 million (6 crore) retail investors had invested their savings in stocks in India, either through direct purchases of equities or through mutual funds. Earlier, the Bimal Jalan Committee report estimated that barely 1.3% of India's population invested in the stock market, as compared to 27% in USA and 10% in China.

Summary of National Stock Exchange IPO

The IPO from National Stock Exchange is one of the most looks forward to IPOs’ in the recent days. The company announced this in December 2017 and the date of IPO issue is yet to be announced. The stocks will be listed on the Bombay Stock Exchange.

National Stock Exchange IPO date has not been released yet. Once the IPO date has been issued, the subscription details will be updated regularly. The Allotment status will be announced about 3-4 weeks of the IPO issue date. The price band of the IPO will be known only after the offer price of the IPO issues is known. One can know about the price band of the IPO in about a week.

National Stock Exchange of India Limited IPO Equity Shares will be listed after the issues get approval from the SEBI.

The National Stock Exchange is one of the oldest stock exchanges in India and the fourth largest stock exchanges in the world.

It was established in the year 1992 and it boasts of the fact that it was one of the stock exchanges in the country to use some of the modern technologies in the market and came up with many innovative and customer friendly solutions.

The stock exchange has about 1750 companies that are listed under it. Over 3 billion equity shares are traded every day on the National Stock Exchange. It offers an array of services ranging from equity, derivatives, and debts.

National Stock Exchange of India Limited determines its own offer price. The shareholders of the company research the market for the demand for the products as the company has decided to sell off the equity shares. The company consults the shareholder’s committee and decides on the basis of the qualitative and the quantitative factors of the company. The face value of the equity shares released by the company is Rs 1 each.

Planify view over National Stock Exchange:

·        Foreign and domestic investments are expected to increase in coming years which will raise more revenue for the company.

·        National Stock Exchange is ranked No. 1 in the world in terms of contracts traded in index options and currency options.

·        The company is already a leader in Indian markets and can prove out to be a very attractive investment in coming future.

·        To summarize, we at Planify rate it 3.5 out of 5 after analysing every aspect of the company.

Disclaimer:

Generally, Investments made in Pre-IPO are speculative, illiquid and carry a high degree of risk. The investment made on the Planify platform is made through pooled investment vehicles, which acquire shares of private technology companies and are not a direct investment in these companies.