News Overview

Kanohar Electricals made a strong stock market debut at ₹685.50, an 8.46% premium to its ₹632 IPO price, before rising 18.31% to ₹747.70 by 11:45 AM.

Yes Bank shares rose 1.78% to ₹23.48 after Citi highlighted potential benefits from the new UPI MDR structure, including a possible 6–12% boost to the bank’s profit before tax.

Prasol Chemicals made its NSE and BSE debut on September 16, 2026, opening at ₹610, a 9.76% discount to its ₹676 IPO issue price. The stock touched ₹667 and ₹601 during the early trading session despite the IPO receiving 3.47x overall subscription.

The NSE IPO opens on September 17 with a price band of ₹1,700–₹1,785 per share. NSE CEO Ashish Chauhan said demand has been unexpectedly large, while the GMP has cooled to ₹145 from ₹218 on September 11.

Jindal Supreme IPO GMP stands at ₹27 on September 16, indicating an estimated listing price of ₹120 against the ₹93 upper price band. Here's a look at the GMP's 145% rise from ₹11 and the latest subscription figures.

SS Retail IPO GMP stands at ₹128 on September 16, indicating an estimated listing price of ₹552 against the ₹424 upper price band. Here's a look at the sharp rise in GMP from ₹30 to ₹128 and the latest subscription figures.

Hero Motors IPO GMP stands at ₹19 on September 16, implying an estimated listing price of ₹103 against the ₹84 upper price band. Here's a look at the GMP's sharp rise from ₹8 to ₹24 and subsequent cooling as the IPO opens.

Paytm shares surged 7.25% to hit a 52-week high of ₹1,855.50 after NPCI announced a 0.4% MDR on eligible UPI merchant transactions above ₹2,000. Here’s what the new framework could mean for Paytm and its merchant business.

Indian stock markets opened higher on September 16 after the Nifty 50 closed at a five-month low. Sensex and Nifty are attempting a technical rebound, while crude oil, US Treasury yields, the Fed decision and IPO activity remain key market triggers.

NSE IPO GMP has slipped to ₹198 on September 15 from a recent high of ₹310 on September 5. The current GMP implies an estimated listing price of ₹1,983, or an 11.09% premium over the ₹1,785 upper price band.