More Stories

Informist, Wednesday, Aug. 6, 2025

MUMBAI – National Securities Depository Ltd. closed 17% higher at INR 936 on BSE on the listing day. The stock was listed at INR 880, a premium of 10% to its issue price of INR 800. During the session, over 37 million shares of the company changed hands on BSE. 

"Despite muted sentiment in broader markets, NSDL listed broadly in line with our expectations, underpinned by its strong long-term fundamentals," Prashanth Tapse, senior vice president, research at Mehta Equities said in a note Wednesday. The brokerage maintains its positive stance on NSDL as it remains the dominant player in the institutional depository space, with a leading share in custodial and depository services for mutual funds, insurance firms, banks, and foreign portfolio investors.  

The company's initial public offering, which closed Friday, was subscribed over 41 times, with the company receiving bids for 1.44 billion shares against 35.13 million shares on offer. Ahead of its initial public offering, National Securities Depository had raised INR 12.01 billion from anchor investors by issuing 15.02 million shares at INR 800 per share. 

NSDL is India's largest depository and facilitates holding securities in digital form through dematerialised accounts. For 2024-25 (Apr-Mar), it reported a consolidated net profit of INR 3.43 billion on a revenue of INR 14.20 billion.  (Arya S. Biju)

IPO Alert: NSDL to list Wed on bourses; issue price set at INR 800 per share

Informist, Tuesday, Aug. 5, 2025

MUMBAI – National Securities Depository Ltd. will list on the stock exchanges Wednesday. The issue price has been set at INR 800 per share, as per a notice by BSE. The company's initial public offering, which closed Friday, was subscribed over 41 times. 

NSDL is India's largest depository and facilitates holding securities in digital form through dematerialised accounts. For the financial year 2024-25 (Apr-Mar), it had reported a consolidated net profit of INR 3.43 billion on a revenue of INR 14.20 billion.  (Anshul Choudhary)

IPO Alert: NSDL issue closes with over 41 times subscription

Informist, Friday, Aug. 1, 2025

MUMBAI – National Securities Depository Ltd.'s initial public offering was subscribed over 41 times as of the final day. The company received bids for 1.44 billion shares against 35.13 million shares on offer. The portion reserved for qualified institutional buyers was subscribed 104 times with the company receiving bids for 1.04 billion shares against 10.01 million shares on offer.

The portion reserved for non-institutional investors was subscribed 35 times with bids placed for 262.68 million shares against 7.51 million shares on offer. The portion reserved for retail investors was subscribed 7.73 times with the company receiving bids for 135.48 million shares against 17.52 million shares on offer.

NSDL has set the price band for its initial public offering at INR 760-INR 800 per share. NSDL is India's largest depository and facilitates holding securities in digital form through dematerialised accounts. For the financial year 2024-25 (Apr-Mar), it reported a consolidated net profit of INR 3.43 billion on a revenue of INR 14.20 billion.  (Simran Rede)

IPO Alert: NSDL issue subscribed over 5 times as of second day

Informist, Thursday, Jul. 31, 2025

MUMBAI – The initial public offering of National Securities Depository Ltd. was subscribed over 5 times as of the second day of the issue. The company received bids for 176.52 million shares against 35.13 million shares on offer. Non-institutional investors showed the most enthusiasm for the offer. The portion reserved for the category was subscribed over 11 times, with bids for 83.19 million shares against 7.51 million shares on offer.

The portion allocated for retail individual investors was subscribed over 4 times, with bids placed for 73.08 million shares against 17.52 million on offer. The portion reserved for qualified institutional buyers was subscribed nearly 2 times, with bids placed for 19.60 million shares against 10.01 million on offer.

NSDL has set the price band for its initial public offering at INR 760-INR 800 per share. NSDL is India's largest depository and facilitates holding securities in digital form through dematerialised accounts. For the financial year 2024-25 (Apr-Mar), it reported a consolidated net profit of INR 3.43 billion on a revenue of INR 14.20 billion.  (Simran Rede)

IPO Alert: NSDL issue opens; subscribed 1.78 times on first day

Informist, Wednesday, Jul. 30, 2025

MUMBAI – The initial public offering of National Securities Depository Ltd. was subscribed 1.78 times on the opening day, with the company receiving bids for 62.61 million shares against 35.13 million shares on offer. Non-institutional investors showed the most enthusiasm for the offer. The portion reserved for this category of investors was subscribed 2.83 times, with bids for 21.25 million shares against 7.51 million shares on offer.

The portion allocated for retail individual investors was subscribed 1.86 times with bids placed for 32.65 million shares against 17.52 million on offer. The portion reserved for qualified institutional buyers was subscribed 84%, with bids placed for 8.40 million shares against 10.01 million on offer.

NSDL has set the price band for its initial public offering at INR 760-INR 800 per share. NSDL is India's largest depository and facilitates holding securities in digital form through dematerialised accounts. For the financial year 2024-25 (Apr-Mar), it had reported a consolidated net profit of INR 3.43 billion on a revenue of INR 14.20 billion.  (Simran Rede)

IPO Alert: NSDL raises INR 12.01 bln from anchor investors

Informist, Wednesday, Jul. 30, 2025

MUMBAI – Ahead of its initial public offering, National Securities Depository Ltd. has raised INR 12.01 billion from anchor investors by issuing 15.02 million shares at INR 800 per share, the upper end of the price band of INR 760-INR 800. Subscription to the issue started Wednesday and will end on Friday.

Life Insurance Corp. of India got the highest allocation of 1.80 million shares, or 12% of the total portion allocated for anchor investors, for INR 1.44 billion. Smallcap World Fund got the second-biggest allocation of 1.25 million shares, or 8.3% of the total, for INR 1 billion.  

Out of the total, 5.30 million shares, or over 35% of the total, were allocated to 12 domestic mutual funds through 22 schemes. Of these, SBI Banking & Financial Services Fund got the highest allocation of 4.05% or over 607,000 shares for INR 485.99 million. The second highest was Nippon Life India Trustee Ltd., getting 549,000 shares, or 3.66% of the total allocated, for INR 439.96 million. 

NSDL is India's largest depository and facilitates holding securities in a digital form through dematerialisation accounts. For 2024-25 (Apr-Mar), it had reported a consolidated net profit of INR 3.43 billion on revenue of INR 14.20 billion.  (Anjana Therese Antony)

IPO Alert: NSDL sets price band at INR 760-INR 800, issue opens Wed

MUMBAI – National Securities Depository Ltd. has set a price band of INR 760-INR 800 per share for its initial public offering. The offer will open for subscription on Jul. 30 and close on Aug. 1. Anchor investors can bid on Tuesday.

The price-to-earnings ratio of the IPO at the offer price of INR 800 is 46.62 times the diluted earnings per share for 2024-25 (Apr-Mar), the company said in an advertisement in the Financial Express. This is lower than the industry peer group's price-to-earnings ratio of 68.04 times for FY25, it said.

NSDL plans to sell over 50 million shares through its offer for sale. Among the shareholders who are set to sell stake through the OFS, IDBI Bank plans to sell over 22 million shares, National Stock Exchange plans to sell over 18 million shares, and Union Bank of India plans to sell 5 million shares.

NSDL is India's largest depository, which facilitates holding securities in a digital form through demat accounts. The company reported a consolidated net profit of INR 3.43 billion during FY25 on a consolidated revenue of INR 14.20 billion.  (Anshul Choudhary)

End

Edited by Tanima Banerjee

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2025. All rights reserved.