- By Shreyansh Mangla
- Wed, 30 Jul 2025 01:39 PM (IST)
- Source:JND
NSDL IPO Day 1: The Initial Public Offering of NSDL or National Securities Depository Ltd opened for subscription on Wednesday. NSDL is a company that facilitates the electronic holding, trading, and settlement of most Indian capital market securities. It was established in August 1996 after the Depositories Act. Recently, the company decided to make its shares public for the first time.
NSDL IPO: Opening Date, GMP, Price
NSDL IPO opened on July 30, 2025, and will close on August 1, 2025. Through this IPO, NSDL aims to raise Rs 4,011 crores from the sale. The IPO has been launched only for selling existing shares of the company, and not for issuing new ones. The company's shares are available at a premium of Rs 135, according to mint. The NSDL IPO GMP (Grey Market Premium), at Rs 135, indicates a gain potential of around 17 per cent in this OFS.
As of now, 5.01 crore shares have been offered. One can buy shares within the price band of Rs 760 and Rs 800 per share. Each share has a face value of Rs 2. The smallest investment for individual investors (Retail) is 18 shares, costing Rs 13,680. For larger investors (sNII), the minimum investment is Rs 2,01,600 (or equal to 252 shares).
For even larger investors (bNII), the minimum investment is Rs 10,08,000 (1,260 shares). NSDL employees can buy up to 85,000 shares at a discount of Rs 76 per share.
Key Dates To Remember:
NSDL IPO Open Date: Wednesday, July 30, 2025
NSDL IPO Close Date: Friday, August 1, 2025
Anchor Bid Date: July 29, 2025 (This is when big investors could bid early)
NSDL IPO Allotment Date (tentative): Monday, August 4, 2025
Refunds Start (tentative): Tuesday, August 5, 2025
NSDL Shares in Demat Accounts (tentative): Tuesday, August 5, 2025
NSDL Listing on BSE (tentative): Wednesday, August 6, 2025
Last time to confirm UPI payments: 5 PM on August 1, 2025
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Who's Handling the NSDL IPO?
ICICI Securities is organising the NSDL IPO, and MUFG Intime India is handling all applications, share distributions, and allotments.
NSDL IPO Subscription Status
As of 1 PM on July 30, 2025, the IPO is subscribed 0.95 times overall. The IPO is currently undersubscribed, with fewer shares applied for, especially by large investors.
About a third of the shares for individual investors (retail) have been set aside for common traders.
Large institutional investors (QIB): Big names have subscribed 0.50 times as now.
NII (Non-Institutional Investors) or other large investors have applied for only about a 1.29 times as of July 30, 2025, 1 PM.
Very Large Investors (bNII): The bNIIs have been quite reluctant in applying, as only a quarter of their portion had been applied for so far.
Slightly Smaller Large Investors (sNII): These large investors have shown more interest than bNII, applying for just over half of their allotted shares.
Total Applications: As of now, 150,000 applications have been submitted for the IPO.
Anchor Investors: NSDL received a significant amount of early investment from big, committed investors. These big investors were given 1.5 crore shares.
The lock-in period for anchor investors is also delayed, as they cannot sell their shares immediately, ensuring market stability after listing.
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About NSDL
NSDL started in 1996 as a company and is overseen by SEBI. NSDL securely keeps electronic records of shares and helps manage stock transactions. Its services include converting paper shares to digital form, settling trades, and allowing shares to be used as collateral. It has subsidiaries that handle e-governance and digital banking services. It has a customer base of 40 million and works with almost 300 agents.
NSDL's revenue increased by 12 per cent and profit after tax by 25 per cent from March 2024 to March 2025. It has been recognised as India's first and leading share depository, known for its strong hold on technology and earnings.