return to news
  1. NSDL IPO kicks off: Check live subscription numbers, financials, and top 10 things to know

Market News

NSDL IPO kicks off: Check live subscription numbers, financials, and top 10 things to know

Kamal Joshi

3 min read | Updated on July 30, 2025, 12:46 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

NSDL IPO is solely an offer for sale, or OFS, of 5.01 crore equity shares totalling to ₹4,011.60 crore. The price band of the issue is set at ₹760 to ₹800 per share.

NSDL is a SEBI-registered market infrastructure institution. | Image: X/@NSDL_Depository

NSDL is a SEBI-registered market infrastructure institution. | Image: X/@NSDL_Depository

NSDL IPO: National Securities Depository Ltd's initial public offering opened for subscription on Wednesday, July 30, at 10 am. The price range has been fixed at ₹760 to ₹800 per share. The company's shares will hit the secondary market on August 6.

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.

NSDL IPO: Check subscription status

The initial public offer has been subscribed 91% until 12:45 pm on the opening day, according to the consolidated bid details on NSE.

CategorySubscription Status
Qualified Institutional Buyers (QIBs)50%
Non-Institutional Investors1.23 times
Retail Investors1.00 times
Total95%

NSDL IPO 2025: Top 10 key facts investors must know

  • NSDL IPO subscription period: The initial share sale will be open from July 30 to August 1.
  • IPO offer structure: It is solely an offer for sale (OFS) of 5.01 crore equity shares totalling to ₹4,011.60 crore.
  • NSDL IPO price band: The price range of the offer is set at ₹760 to ₹800 per share.
  • Reservation: The company has reserved 50% of the offer for qualified institutional buyers (QIBs), 35% for retail individual investors, and 15% for non-institutional investors.
  • NSDL IPO lot size: An application consists of 18 shares.
  • Objectives: As the IPO is completely an OFS, the firm will not get any proceeds from the offer.
  • Book-running lead manager: Axis Capital, ICICI Securities, IDBI Capital Markets & Securities, Motilal Oswal Investment Advisors, SBI Capital Markets, and HSBC Securities and Capital Markets (India) are the issue's book-running lead managers.
  • Registrar: MUFG Intime India Private Limited (formerly Link Intime) is the registrar.
  • NSDL IPO allotment date: The allotment status is likely to be finalised on August 4.
  • NSDL IPO listing date: The listing on the stock exchanges - NSE and BSE - will occur on August 6.

NSDL IPO: Financials

NSDL's revenue from operations increased 11.97% to ₹1,420.14 crore in FY25, compared to ₹1,268.24 crore a year back.

The net profit advanced 24.57% to ₹343.12 crore in the fiscal year 2025 as against ₹275.44 crore in the previous year.

NSDL IPO GMP

According to investorgain.com and media reports, NSDL's unlisted shares are trading at ₹926 per share, reflecting a grey market premium (GMP) of 15.75% over the upper price band of ₹800.
Disclaimer: Grey Market Premium, or GMP, is an unofficial indicator of market sentiment toward an IPO. It is not regulated by the stock exchanges or SEBI. Upstox neither supports nor encourages grey market trading. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
SIP
Consistency beats timing.
promotion image

About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

Next Story