Know the P/E Ratio and Financial Metrics of NSE IPO

The National Stock Exchange (NSE) has set its IPO price band between ₹1,700 and ₹1,785, resulting in a P/E ratio ranging from 40.85x to 42.88x.  

For the financial year ending March 31, 2026, the company reported a basic and diluted EPS of ₹41.62. The IPO valuation is derived from a book-building process, with each equity share having a face value of ₹1. 

Price Band of NSE IPO 

The NSE has established its IPO price band with a lower limit of ₹1,700 and an upper limit of ₹1,785.  

P/E Ratio of NSE  

Financial Performance of NSE 

P/E Ratio of NSE 

As per the RHP data provided on issue information on NSE website, the company's EPS for FY 2026 stands at ₹41.62, providing a basis for these calculations.  

This results in a P/E ratio of 40.85x at the lower price band and 42.88x at the upper price band.   

Historical Earnings Per Share of NSE 

The company's EPS has shown variability over the past few years. For FY 2026, the EPS was ₹41.62, while it was ₹49.24 for FY 2025 and ₹33.56 for FY 2024.  

The weighted average EPS over these three years is ₹42.82. For Q1 FY 2027, the EPS was ₹12.61, although this figure is not annualised. 

Return on Net Worth of NSE  

For FY 2026, the RoNW was 33.21%, compared to 45.14% in FY 2025 and 37.60% in FY 2024. The weighted average RoNW over these years is 37.92%. For Q1 FY 2027, the RoNW was 9.33%, not annualised. 

Net Asset Value  

The Net Asset Value (NAV) per share reflects the company's book value. As of March 31, 2026, the NAV was ₹129.75 per share, increasing to ₹142.40 by June 30, 2026. 

Read More: Much-Awaited NSE IPO Opens Today, September 17, 2026: Price Band, Subscription Details, and Key Dates! 

Conclusion 

The NSE IPO offers a P/E ratio between 40.85x and 42.88x, with an EPS of ₹41.62 for FY 2026. The RoNW was 33.21%, and the NAV per share was ₹129.75. Compared to BSE, NSE's metrics show a lower P/E ratio and RoNW. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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