NSDL shares have surged 62.5% in three trading sessions since listing on August 8. SBI, the largest beneficiary, saw its 3% stake value rise to Rs 7,801.80 crore, a 650-bagger return. IDBI Bank and SUUTI achieved similar returns, while NSE recorded a 105-bagger return. HDFC Bank and Union Bank of India also saw significant gains. NSDL shares opened at Rs 880.00 and reached Rs 1,300.30, benefiting 10.31 lakh retail shareholders as well.
National Securities Depository (NSDL) shares rose 15.70% to Rs 1,299.00, now 62.40% above the IPO price of Rs 800.00. Since listing on August 6, the stock has gained 47.60% from its listing price of Rs 880.00. NSDL's Rs 4,012.00 crore IPO was oversubscribed 41.02 times. The company reported 12.00% revenue growth and 25.00% profit growth. NSDL manages 3.94 crore active demat accounts through 294 depository participants. Analysts advise existing investors to hold for the long term, citing market leadership and steady revenue visibility.
07Aug 25
NSDL Shares Surge 6.56% on Second Trading Day, Nearing Rs 20,000 Crore Market Cap
NSDL shares rose 6.56% to Rs 997.65 on BSE, approaching Rs 20,000 crore market cap. The stock outperformed the broader market, trading 5.3% higher while Sensex declined 0.3%. NSDL's IPO raised Rs 4,012 crore through an offer for sale. The company reappointed Praveen Kumar Gupta as Public Interest Director and Chairperson for three years. NSDL scheduled a board meeting for August 12 to approve Q1 FY26 results.