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  1. NSDL, GNG Electronics among five recent IPOs that got fully subscribed on Day 1 of bidding

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NSDL, GNG Electronics among five recent IPOs that got fully subscribed on Day 1 of bidding

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4 min read | Updated on July 30, 2025, 13:39 IST

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SUMMARY

NSDL IPO: The initial public offering of National Securities Depository Limited (NSDL) was in heavy demand, as the issue got fully subscribed within three hours of the launch. The offer received robust bidding from retail and non-institutional investors.

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Before the IPO, NSDL raised ₹1,201.4 crore from anchor investors. | Image: Shutterstock

NSDL IPO: After a lull, the IPO market is buzzing, and how! Currently, five mainboard IPOs are live, with three being launched today, i.e., Wednesday, July 30, 2025.
The initial public offering of National Securities Depository Limited (NSDL) was in heavy demand, as the issue got fully subscribed within three hours of the launch. The offer received robust bidding from retail and non-institutional investors.

Before the IPO, the company raised ₹1,201.4 crore from anchor investors, including Life Insurance Corporation of India (LIC), SBI Mutual Fund (MF), Smallcap World Fund Inc., Fidelity Funds, Nippon India MF, SBI Life Insurance Company, HDFC Life Insurance Company, Ashoka WhiteOak India Opportunities Fund, Abu Dhabi Investment Authority, HDFC MF, and ICICI Prudential MF, among others.

The NSDL IPO will remain open for subscription till August 1. It is solely an offer for sale (OFS) of 5.01 crore equity shares. The company plans to raise ₹4,011 crore from the offer.

The price range has been fixed at ₹760 to ₹800 per share. The company's shares will hit the secondary market on August 6.

Here is a list of IPOs that were fully subscribed within minutes/on day 1 of the bidding process.

Aditya Infotech

The initial public offering of Aditya Infotech Ltd., which offers video security and surveillance products under the 'CP Plus' brand, got fully subscribed within hours of opening for bidding on Tuesday, July 29, 2025.

Aditya Infotech on Monday raised over ₹582 crore from anchor investors.

The ₹1,300 crore initial public offering (IPO) will conclude on July 31. The price band has been fixed at ₹640-₹675 per share.

The company's IPO is a combination of a fresh issue of equity shares worth ₹500 crore and an offer for sale (OFS) of shares valued at ₹800 crore by promoters.

Proceeds from the fresh issue to the tune of ₹375 crore have been earmarked for payment of debt, while a portion will be used for general corporate purposes.

Aditya Infotech offers a comprehensive range of advanced video security and surveillance products, technologies, and solutions for enterprise and consumer segments under the 'CP Plus' brand.

Shanti Gold International

The initial public offering of Shanti Gold International Ltd., a manufacturer of gold jewellery, got subscribed 1.16 times on the first day of bidding on Friday, July 25, 2025.

The ₹360 crore initial public offering (IPO) of Shanti Gold concluded on July 29.

The issue garnered 80.80 times the subscription on the closing day of bidding on Tuesday.

The initial share sale received bids for 1,02,35,46,675 shares against 1,26,67,200 shares on offer, according to NSE data.

The Non-Institutional Investors part got subscribed 151.18 times, while the quota for Qualified Institutional Buyers (QIBs) received 117.33 times subscription. The quota for Retail Individual Investors (RIIs) got subscribed 29.77 times.

Shanti Gold International on Thursday said it has mopped up a little over ₹108 crore from anchor investors.

The IPO was entirely a fresh issue of 1.81 crore shares worth ₹360.11 crore, at the upper end of the price band, with no offer-for-sale (OFS) component.

GNG Electronics

The initial public offering (IPO) of GNG Electronics Ltd, refurbisher of laptops and desktops, received 8.99 times subscription on the first day of share sale on Wednesday, July 23, 2025.

The issue received a whopping 146.90 times subscription on the closing day of share sale on Friday, July 25, 2025, mirroring strong participation from institutional buyers.

The ₹460.43 crore IPO fetched bids for 2,08,43,32,446 shares against 1,41,88,644 shares on offer, as per NSE data.

The IPO has a price band of ₹225-₹237 per share.

The stock on Wednesday, July 30, listed with a 50% premium over the issue price.

Globe Civil Projects

The initial public offering of civil construction and infrastructure development company Globe Civil Projects was fully subscribed on the first day of bidding on Tuesday, June 24, 2025.

The share sale received a whopping 86.03 times subscription on the closing day of bidding on Thursday, June 26, 2025.

The ₹119 crore initial public offer (IPO) got bids for 100,93,92,350 shares against 1,17,32,392 shares on offer, according to data available with the NSE.

The portion for non-institutional investors received a whopping 143.14 times subscription, while the category for Qualified Institutional Buyers (QIBs) got subscribed 99.76 times. The Retail Individual Investors (RIIs) part fetched a 53.71 times subscription.

(With inputs from PTI)
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