New Delhi, Sept. 18 -- The mega Rs.22,569-crore initial public offering of the National Stock Exchange of India (NSE) opened for subscription on Thursday, with the NSE IPO subscription status showing that the issue was 43% subscribed on the first day of bidding.

The NSE IPO will close on Monday, 21 September. The NSE IPO price band has been fixed at Rs.1,700- Rs.1,785 per equity share, with a face value of Re 1 per share. The NSE IPO lot size is 8 equity shares, and investors can place bids in multiples of 8 shares thereafter.

The NSE IPO allotment is expected to be finalised on Tuesday, 22 September. The company is likely to initiate NSE IPO refunds on Wednesday, 23 September, while shares are expected to be credited to the demat accou...