NSE IPO news, Sept. 5 -- After a nearly decade-long wait, the initial public offering (IPO) of the National Stock Exchange (NSE) has finally received approval from the market regulator, SEBI, to raise funds through a public issue. Upon receipt of the observation letter from SEBI, the grey market became active for the NSE IPO. According to IPO Watch, the NSE IPO GMP (grey market premium) today is Rs.200. However, the NSE has yet to announce the IPO price band, subscription opening date, and other details.

Speaking on the expected NSE IPO price band, Sandeep Pandey, Co-founder of Basav Capital, said, "The market valuation of the NSE IPO is around Rs.30,000 crore, and the total number of shares offered is around 14.89 crore. So, the exact p...