IPOQB
Sign inStart free
← All exchanges
Viewing
IN · APAC · Main
National Stock Exchange of India
NSE · Mumbai · INR
World's busiest IPO market by count; vast retail demand and rich valuations.
Eligibility · Meridian Renewables (example)
Conditional
1 requirement(s) not yet met — see eligibility below.
Min market cap
$12M
admission floor
Min free float
25%
public hands
Est. all-in
4.4%
on $700M
Time to list
18–22w
from kickoff
Regulator
SEBI
oversight
Eligibility check
✓
Market capitalisation
Requirement: ≥ $12M
$4.8B
✕
Free float
Requirement: ≥ 25%
~15%
✓
Operating history
Requirement: ≥ 3 yrs
11 yrs
✓
Profit / revenue test
Requirement: Profit / QIB-allocation route
Profitable
!
Governance standard
Requirement: SEBI LODR
Gaps
✓
Accounting
Requirement: Ind-AS
IFRS
Rules as of 2026-Q2 · source: SEBI ICDR + NSE Listing Regulations (SEBI, IN). Compiled summary — validate against the primary source before filing.
Fees & cost
Est. all-in · $700M raise$31M 4.4%
Underwriting spread3.5% · $25M
Initial listing fee₹0.1Cr
Annual fee₹0.05Cr
Legal · audit · IR · other$6.3M
Total all-in$31M (4.4%)
Market quality & investors
Liquidity★★★★★
Analyst coverage★★★★☆
Retail participation★★★★★
Institutional depth★★★★★
Index inclusion
Nifty 50
Aftermarket: +28% avg first-day
Process & sectors
Typical time-to-list18–22w
RegulatorSEBI
Dual / secondary listingNot standard
Min public shareholders1,000
Sector strength
TechFinancialsConsumerRenewables
Notable listings: Adani Green, Waaree Energies
Model NSE India in the Decision Center ▸Compare venues