NewsIPONSDL's Rs 4,012 Crore IPO Set to Open on July 30, Grey Market Hints at 17% Listing PremiumNSDL's Rs 4,012 Crore IPO Set to Open on July 30, Grey Market Hints at 17% Listing Premium
By ScanX News Team
National Securities Depository Ltd. (NSDL) is launching its IPO from July 30 to August 1, with an expected listing on August 6. The Rs 4,011.60 crore offering, priced at Rs 760-800 per share, is entirely an offer for sale of 5.01 crore equity shares. The grey market indicates a premium of Rs 135 per share, suggesting strong demand. Share allocation is 50% for QIBs, 35% for retail investors, and 15% for NIIs. NSDL's financials show robust growth, with FY25 revenue at Rs 1,535.19 crore (12% YoY growth) and profit after tax at Rs 343.12 crore (25% YoY growth).
*this image is generated using AI for illustrative purposes only.
National Securities Depository Ltd. (NSDL), India's premier securities depository, is gearing up for its much-anticipated Initial Public Offering (IPO) set to open on July 30. The company, which plays a crucial role in handling electronic records and ownership transfers in the securities market, has priced its shares in the range of Rs 760-800 per share.
IPO Details
The Rs 4,011.60 crore offering consists entirely of an offer for sale (OFS) of 5.01 crore equity shares. This structure indicates that the proceeds from the IPO will go to the selling shareholders rather than the company itself.
Key dates for investors to note:
- Subscription Opening: July 30
- Subscription Closing: August 1
- Expected Listing Date: August 6 on BSE
Grey Market Premium Indicates Strong Demand
The grey market, often considered a barometer of investor interest, is showing a premium of Rs 135 per share. This suggests an estimated listing price of Rs 935, potentially offering a 16.88% premium over the upper price band of Rs 800.
Share Allocation and Minimum Investment
The IPO has structured its share allocation to cater to various investor categories:
- 50% for Qualified Institutional Buyers (QIBs)
- 35% for Retail Individual Investors (RIIs)
- 15% for Non-Institutional Investors (NIIs)
For retail investors, the minimum investment requirement is set at Rs 13,680 for a lot of 18 shares.
NSDL's Financial Performance
NSDL has demonstrated strong financial growth:
| Fiscal Year | Revenue (Rs Crore) | Year-on-Year Growth | Profit After Tax (Rs Crore) | Year-on-Year Growth |
|---|---|---|---|---|
| FY25 | 1,535.19 | 12.00% | 343.12 | 25.00% |
The company's revenue increased by 12.00% compared to the previous year, while its profit after tax saw a significant jump of 25.00%.
About NSDL
National Securities Depository Ltd. operates as a securities depository, playing a vital role in the Indian financial markets. Its primary function involves maintaining electronic records of securities and facilitating ownership transfers, contributing to the efficiency and transparency of the securities market.
As NSDL prepares to go public, investors and market watchers will be keenly observing its performance, given its critical role in India's financial infrastructure and its strong financial track record.
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