The National Stock Exchange of India, or NSE, is one of the two main stock exchanges in India, along with the BSE. It was incorporated in 1992 and began equity trading in 1994, and it is known for introducing screen-based electronic trading across the country. Its flagship index is the Nifty 50, which tracks 50 large companies and is widely used as a benchmark for the Indian market. Companies can list their shares on the NSE main board after an IPO if they meet its eligibility rules, and small companies can list on NSE Emerge, its SME platform. The exchange publishes the bidding data of every IPO during the issue, including category-wise subscription figures, and issues the listing circulars that fix the listing date and the trading rules for new stocks. It also runs the IPO bidding platform used by brokers and banks. Investors can find official offer documents, anchor investor lists and listing notices on the NSE website, and IPO Bulletin uses these exchange disclosures as primary sources for its data and links back to them from each IPO page.
Example: A company completes its IPO and lists on the NSE on the third working day after closing. Its shares start trading in the pre-open session, and the opening price becomes part of the Nifty-listed universe once it qualifies.