According to an MSEI circular released on Wednesday, September 23, equity shares of NSE will be admitted for trading in the capital market segment of MSEI with effect from September 24.
This means NSE shares will be available for trading on MSEI, even though the company has not entered into a listing agreement with MSEI and therefore will not provide the full disclosures applicable to listed companies, according to the circular.
The move comes against the backdrop of NSE’s ₹22,569 crore initial public offering (IPO), which was the second-largest IPO in Indian history and the biggest public issue of 2026. The issue was priced in a band of ₹1,700-₹1,785 per share and was subscribed 5.71 times overall, with bids for 50.58 crore shares against 8.86 crore shares on offer.
The IPO was entirely an offer for sale (OFS), meaning the proceeds from the issue went to the selling shareholders rather than NSE. At the upper end of the price band, the exchange was valued at around ₹4.41 lakh crore.
Ahead of the IPO, NSE had raised ₹6,746.18 crore from anchor investors, with 3,77,93,739 shares allotted at ₹1,785 apiece.
Also read: NSE IPO looks expensive, Allspring’s Paroda adds financials and industrials to India portfolio
NSE will trade on MSEI under the EQ series, with a market lot of one share. The International Securities Identification Number (ISIN) for the security is INE721I01024.
MSEI’s circular identifies National Stock Exchange of India Limited as the company whose equity shares have been admitted under the permitted-to-trade category.
The exchange said the category is applicable to companies that do not execute a listing agreement with MSEI and therefore do not provide the full disclosures.