By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.
New Delhi: National Securities Depository Ltd (NSDL) IPO is all set to close for subscription on August 1, 2025, Friday. The initial public offer is bookbuilding of Rs 4,011.60 crore and the issue is entirely an offer for sale of 5.01 crore shares. The NSDL IPO has received a strong response from the investors.
NSDL IPO latest GMP stood at Rs 134 in the morning of August 1, investorgain reported. With the price band of Rs 800, the shares are expected to be listed at 934, indicating a 16.75 per cent appreciation.
According to data available on NSE, the NSDL IPO received bids for 17,65,16,388 shares against 3,51,27,002 shares on offer, translating into 5.03 times subscription. The IPO will conclude on Friday and has a price band of Rs 760-800 per share.
NSDL IPO price band is set at Rs 800 per equity share. The minimum lot size for an application for the initial public offer is 18 shares, for which one has to make a minimum investment of Rs 13,680. The investors applying in the NII category, are required to apply for 14 lots, amounting to Rs 2,01,600, and for bNII portion its 70 lots.
The allotment for the NSDL IPO is expected on August 4, 2025, while the shares will be listed on BSE with a tentative listing date fixed as 6th August.
The shares are being sold by National Stock Exchange of India (NSE), State Bank of India (SBI), HDFC Bank, IDBI Bank, Union Bank of India, and Administrator of Specified Undertaking of the Unit Trust of India (SUUTI).
As it is an OFS, NSDL will not receive any proceeds from the IPO.
After the listing on BSE, NSDL will become the country's second publicly traded depository after Central Depository Services Ltd (CDSL), which was listed on the NSE in 2017.
NSDL is a Sebi-registered market infrastructure institution offering a wide range of products and services to the financial and securities markets in India.
List of book-running lead managers: SBI Capital Markets, ICICI Securities, Axis Capital, HSBC Securities and Capital Markets (India), IDBI Capital Markets & Securities, and Motilal Oswal Investment Advisors.
(Disclaimer: Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold and crypto assets)