The National Stock Exchange of India allotted shares worth about ₹6,746 crore to more than 150 anchor investors at ₹1,785 apiece, the top of its IPO price band, LiveMint and YourStory reported. LiveMint, citing a company filing, said the allocation covered 37,793,739 shares. YourStory attributed its tally to a circular uploaded on the BSE website. Neither newsroom's underlying document was captured in our research. [1] [2]
By YourStory's account, domestic institutions anchored the round: more than 25 large mutual funds and 11 insurance and pension companies invested about ₹3,588 crore, or 53% of the book, while foreign institutional investors took roughly 43%, about ₹2,883 crore. YourStory said more than 20 foreign long-only funds participated, spanning sovereign wealth funds and global mutual funds. LiveMint's anchor report does not give those percentage splits. [1] [1]
The two outlets describe the largest buyer differently. LiveMint, citing the filing, reported LIC as the largest anchor investor with 2,242,584 shares worth about ₹400.3 crore, ahead of Government Pension Fund Global at ₹250 crore, while the Monetary Authority of Singapore and Abu Dhabi Investment Authority–Monsoon each received shares worth ₹200 crore. YourStory reported LIC, NSE's largest shareholder with a 10.72% stake, participated through LIC, LIC Mutual Fund and LIC Pension Fund, investing more than ₹500 crore. What remains unresolved is whether the ₹400.3 crore figure covers one LIC entity or the group total. [2] [1]
The anchor round precedes a sale of existing shares rather than a fresh issue. YourStory put the IPO at ₹22,569 crore, with a ₹1,700–1,785 price band and an implied valuation of ₹4.2 lakh crore to ₹4.42 lakh crore. LiveMint's anchor report gave the issue size as ₹22,561.57 crore in one reference. The prospectus-derived figures could not be checked against the underlying document. [1] [2]
LiveMint reported the offer comprises 12.64 crore existing shares, roughly 5.1% of equity, reduced from the 14.89 crore planned earlier, with State Bank of India the largest selling shareholder at up to 1.59 crore shares. The reports also differ on the subscription close: one LiveMint article said September 19, while an earlier LiveMint report said September 21. Both cited dates fall outside the scope of the captured filing. [2] [3] [3]
Sources & limitations
No original BSE circular, exchange filing or red herring prospectus was captured. All figures trace to LiveMint and YourStory reporting that cites such documents, which we could not directly review.
The two outlets disagree on LIC's anchor allocation: LiveMint reports about ₹400.3 crore as largest anchor investor; YourStory reports LIC group entities committing more than ₹500 crore. Which is correct is unresolved.
The subscription close date is reported as September 19 by one LiveMint article and September 21 by an earlier LiveMint report; the discrepancy remains unresolved.
LiveMint's anchor report cites the issue size as ₹22,561.57 crore in one reference, while YourStory gives ₹22,569 crore; the draft notes both without asserting one.
The commissioning question asked how NSE's anchor book compares with prior large Indian exchange and infrastructure listings. No captured source addresses that comparison, so it is omitted.
The commissioning question asked about anchor lock-in or disclosure terms. No captured passage provides those terms, so that aspect is unaddressed.
Discovery-title mismatch: The commissioning question and discovery title concern a ₹6,746 crore anchor raise ahead of the IPO; the captured sources do address that topic, but only through publisher reporting rather than the disclosed allocation filing itself.
Both outlets are general financial newsrooms whose overlap likely reflects shared filings and the exchange circular rather than independent confirmation; this is repeated reporting, not corroboration.
Some candidate sources were inaccessible or outside supported research domains; the searches were bounded, not exhaustive.
No original document was captured. Available evidence consists of publisher reporting.
Some candidate sources were inaccessible or outside the supported research domains; consult the capture log.
[1] YourStory · NSE raises Rs 6,746 Cr from anchor investors ahead of IPO | YourStory ↗
17/9/2026 · Publisher reporting
[2] livemint.com · NSE IPO: Anchor book gets ₹6,745 crore from 150-plus investors; LIC, Norges Bank, ADIA among key buyers | Stock Market News ↗
16/9/2026 · Publisher reporting
[3] livemint.com · NSE IPO: Price band set at ₹1,700-1,785 per share; check key dates, issue details | Stock Market News ↗
11/9/2026 · Publisher reporting
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