NSE, Hero Motors, Jindal Supreme IPO GMPs surge up to 35% – Check grey market premiums of all 5 IPOs today

The latest market report highlights that A total of five mainboard initial public offerings (IPOs) are at present open for public subscription in the primary market, including those of National Stock Exchange of India (NSE), Hero Motors among others.

The IPOs of Jindal Supreme (India), SS Retail and Hero Motors will close for public subscription today (September 18).  The three issues opened for bidding on September 16.

In the meantime, the IPOs of National Stock Exchange and Sonaselection India are on their second day of public bidding.

88-93

32-35%

403-424

35%

79-84

5%

1,700-1,785

6-8%

94-99

2%

In the meantime, the Rs 22,569 crore mega NSE IPO was fully subscribed on the second day of bidding.

The offering is India's second-largest public offering after Hyundai Motor India's Rs 27,870 crore IPO in 2024.

The NSE on Wednesday boosted Rs 6,746 crore from anchor market participants, including state-owned Life Insurance Corporation of India (LIC), Goldman Sachs and Fidelity.

Additionally, sovereign wealth funds GIC Singapore, Abu Dhabi Investment Authority (ADIA) and Norges Bank, as well as Eastspring and HSBC Global Asset Management additionally participated in the anchor round.

NSE shares are anticipated to make their market debut on September 24.