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New Delhi: The shares of the major depository, National Securities Depository Limited (NSDL), rallied as high as 20 percent on Thursday, August 7. The company's stock opened at Rs 934.95 on BSE and closed at Rs 1123.20 per equity share. The surge contributed significantly to the company's shares since its market debut on Wednesday. The company shares are now trading at around 28 percent higher than their listing price of Rs 880 apiece. The market capitalisation (M-Cap) of the company stands at Rs 18720 crore on the BSE as of August 7.
Post the stock listing, NSDL has scheduled its board meeting on August 12 for the consideration and approval of the unaudited standalone and consolidated financial results of the company for the April-June quarter of FY26, the company informed the BSE.
"Pursuant to Regulation 29 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that a Meeting of the Board of Directors of NSDL is scheduled to be held on Tuesday, August 12, 2025, inter alia, to consider and approve Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2025, along with the Limited Review Report thereon" said the company in its stock filing.
The NSDL IPO was one of the biggest IPOs of this year. Additionally. Its bidding started on July 30 and continued till August 1. It consisted only of the OFS (offer for sale) segment. The issue price of the IPO was set at Rs 800. QIBs and HNIs subscribed to shares massively, amounting to 103 times and 35 times, respectively. However, the buzz was not much among the retail investors, as they subscribed nearly 8 times.
(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.)