{"id":12202,"date":"2025-07-29T13:17:22","date_gmt":"2025-07-29T07:47:22","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=12202"},"modified":"2025-08-06T11:30:26","modified_gmt":"2025-08-06T06:00:26","slug":"nsdl-ltd-ipo-opens","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/news\/nsdl-ltd-ipo-opens\/","title":{"rendered":"National Securities Depository Ltd. IPO Opens: Key Details Investors Shouldn\u2019t Miss"},"content":{"rendered":"

[vc_section el_id=”blog-inner-layout”][vc_row overlay_dotted=””][vc_column el_class=”blog_primary”][vc_row_inner][vc_column_inner][vc_column_text css=””]India\u2019s financial market infrastructure is crucial to its economic growth, ensuring secure and seamless transactions for investors. Central to this are depositories, which facilitate the electronic holding and transfer of securities, reducing the risks associated with physical certificates. Riding this momentum, National Securities Depository Limited (NSDL), the country\u2019s largest and oldest depository, is set to launch its Initial Public Offering (IPO) on July 30, 2025. This IPO offers investors an opportunity to participate in a key player within India\u2019s financial markets.<\/span><\/p>\n

This article provides a comprehensive overview of the NSDL IPO details, offering key insights for potential investors.<\/span><\/p>\n

<\/span>About National Securities Depository Ltd. (NSDL)<\/b><\/span><\/h2>\n

Incorporated in 1996, National Securities Depository Limited (NSDL) has played a pivotal role in the modernisation of the Indian securities market. As India’s first and largest central securities depository, NSDL provides a strong platform for holding and transferring financial instruments such as equity shares, bonds, and mutual fund units in electronic form.<\/span><\/p>\n

As of March 31, 2025, NSDL is the largest depository in India based on the number of issuers, active instruments, market share in demat value of settlement volume, and value of assets held under custody. It has over 39.45 million active demat accounts serviced through 294 depository participants. NSDL’s operations are crucial for the efficient functioning of the Indian capital market, facilitating processes like settlements, corporate actions, and KYC services. NSDL operates under the regulatory oversight of SEBI, ensuring transparency and investor protection.\u00a0<\/span><\/p>\n

The company’s business model primarily generates revenue from annual custody fees charged to issuers, annual maintenance fees from depository participants, and transaction fees for effecting trades.<\/span><\/p>\n

<\/span>National Securities Depository Limited (NSDL) IPO Details<\/b><\/span><\/h2>\n

The NSDL IPO is a book-building issue aiming to raise up to \u20b94,011.60 crore. This entire issue is an Offer For Sale (OFS) of up to 5,01,45,001 equity shares by existing shareholders. There is no fresh issue component, meaning the company itself will not receive any proceeds from the IPO. The NSDL IPO price band has been set at \u20b9760 to \u20b9800 per share, with a face value of \u20b92 per share.<\/span><\/p>\n

The IPO includes a reservation of 85,000 shares for eligible employees, who will receive a discount of \u20b976 per share.<\/span><\/p>\n

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<\/span>Important IPO Timeline<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n
Event<\/b><\/td>\nDate<\/b><\/td>\n<\/tr>\n
IPO Open Date<\/b><\/td>\nWed, Jul 30, 2025<\/span><\/td>\n<\/tr>\n
IPO Close Date<\/b><\/td>\nFri, Aug 1, 2025<\/span><\/td>\n<\/tr>\n
Tentative Allotment<\/b><\/td>\nMon, Aug 4, 2025<\/span><\/td>\n<\/tr>\n
Initiation of Refunds<\/b><\/td>\nTue, Aug 5, 2025<\/span><\/td>\n<\/tr>\n
Credit of Shares to Demat<\/b><\/td>\nTue, Aug 5, 2025<\/span><\/td>\n<\/tr>\n
Tentative Listing Date<\/b><\/td>\nWed, Aug 6, 2025<\/span><\/td>\n<\/tr>\n
Cut-off Time for UPI Mandate Confirmation<\/b><\/td>\n5 PM on Aug 1, 2025<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Key IPO Details<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Event<\/b><\/td>\nDetails<\/b><\/td>\n<\/tr>\n
IPO Date<\/b><\/td>\nJuly 30, 2025 to August 1, 2025<\/span><\/td>\n<\/tr>\n
Listing Date<\/b><\/td>\n[.]<\/span><\/td>\n<\/tr>\n
Face Value<\/b><\/td>\n\u20b92 per share<\/span><\/td>\n<\/tr>\n
Issue Price Band<\/b><\/td>\n\u20b9760 to \u20b9800 per share<\/span><\/td>\n<\/tr>\n
Lot Size<\/b><\/td>\n18 Shares<\/span><\/td>\n<\/tr>\n
Sale Type<\/b><\/td>\nOffer For Sale<\/span><\/td>\n<\/tr>\n
Total Issue Size<\/b><\/td>\n5,01,45,001 shares (aggregating up to \u20b94,011.60 Cr)<\/span><\/td>\n<\/tr>\n
Employee Discount<\/b><\/td>\n\u20b976.00<\/span><\/td>\n<\/tr>\n
Issue Type<\/b><\/td>\nBookbuilding IPO<\/span><\/td>\n<\/tr>\n
Listing At<\/b><\/td>\nBSE<\/span><\/td>\n<\/tr>\n
Shareholding (Pre-Issue)<\/b><\/td>\n20,00,00,000 shares<\/span><\/td>\n<\/tr>\n
Shareholding (Post-Issue)<\/b><\/td>\n20,00,00,000 shares<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Lot Size of NSDL IPO<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n
Application<\/b><\/td>\nLots<\/b><\/td>\nShares<\/b><\/td>\nAmount<\/b><\/td>\n<\/tr>\n
Retail (Min)<\/b><\/td>\n1<\/span><\/td>\n18<\/span><\/td>\n\u20b914,400<\/span><\/td>\n<\/tr>\n
Retail (Max)<\/b><\/td>\n13<\/span><\/td>\n234<\/span><\/td>\n\u20b91,87,200<\/span><\/td>\n<\/tr>\n
S-HNI (Min)<\/b><\/td>\n14<\/span><\/td>\n252<\/span><\/td>\n\u20b92,01,600<\/span><\/td>\n<\/tr>\n
S-HNI (Max)<\/b><\/td>\n69<\/span><\/td>\n1,242<\/span><\/td>\n\u20b99,93,600<\/span><\/td>\n<\/tr>\n
B-HNI (Min)<\/b><\/td>\n70<\/span><\/td>\n1,260<\/span><\/td>\n\u20b910,08,000<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>National Securities Depository Limited Financials<\/b><\/span><\/h2>\n

NSDL has demonstrated consistent financial growth. The company\u2019s revenue from operations increased from \u20b91,021.99 crore in FY23 to \u20b91,420.15 crore in FY25. Concurrently, the Profit After Tax (PAT) has risen from \u20b9234.81 crore in FY23 to \u20b9343.12 crore in FY25.<\/span><\/p>\n

<\/span>Key Performance Indicators (as of Mar 31, 2025)<\/b><\/span><\/h3>\n