https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

NSDL IPO Fully Subscribed on Day One, Ends with 1.78 Times Subscription-Know Details

NSDL IPO fully subscribed on Day 1 with 1.78x demand; strong retail and NII response, driven by SEBI norms and major anchor investor backing.
Indian Masterminds Stories

New Delhi: The Initial Public Offering (IPO) of National Securities Depository Limited (NSDL) received a strong response from investors on its opening day, getting fully subscribed within hours of bidding commencement and closing the day at 1.78 times subscription, as per data from the National Stock Exchange (NSE).

Robust Demand from Retail and Non-Institutional Investors

The ₹4,011-crore public offering received bids for 6.26 crore shares against the 3.51 crore shares available for subscription. The segment for Non-Institutional Investors (NIIs) saw the strongest response with 2.83 times subscription, followed by Retail Individual Investors (RIIs) at 1.86 times. The Qualified Institutional Buyers (QIBs) category was subscribed at 84%.

Read Also: Power Duo: RITES and NABCONS Join Hands for Rural and Urban Transformation- Details Inside

Anchor Investors Commit Over ₹1,200 Crore

Ahead of the IPO launch, NSDL successfully raised over ₹1,201 crore from anchor investors on July 29, demonstrating strong institutional confidence in the offering.

IPO Details and Objectives

The IPO is entirely an Offer for Sale (OFS) of 5.01 crore equity shares, meaning no fresh capital will be infused into NSDL. Existing shareholders—National Stock Exchange (NSE), State Bank of India (SBI), HDFC Bank, IDBI Bank, Union Bank of India, and the Administrator of SUUTI—are offloading shares as part of this issue.

The price band has been fixed at ₹760–₹800 per share, and the IPO will close on August 1. Shares are expected to be listed on the NSE on August 6, 2025.

Listing Driven by Regulatory Compliance

The IPO comes in light of SEBI’s ownership norms, which mandate that no single entity can hold more than 15% stake in a depository. NSDL’s key shareholders, IDBI Bank (26.1%) and NSE (24%), are required to reduce their stakes to meet this regulatory requirement. The public issue will thus help realign ownership in accordance with SEBI rules.

Second Depository to Go Public

Following its listing, NSDL will become the second depository in India to be publicly traded after Central Depository Services (India) Ltd (CDSL), which was listed in 2017. NSDL, established under the Depositories Act of 1996, pioneered the dematerialisation of securities in India and remains a key SEBI-registered market infrastructure institution.

Read Also: Power Grid Posts Rs3,631 Cr Profit in Q1 FY26; Revenue Rises Despite Margin Pressure- Check Details

Lead Managers and Timeline

The book-running lead managers for the IPO include ICICI Securities, Axis Capital, HSBC Securities and Capital Markets (India), IDBI Capital Markets & Securities, Motilal Oswal Investment Advisors, and SBI Capital Markets.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
PM Modi flood survey,
PM Modi Announces ₹3,100 Crore Flood Relief for Punjab & Himachal Pradesh | Full State-Wise Breakdown
Bihar Government-resized-IM
Pre-Poll Bureaucratic Reshuffle: Bihar Transfers 6 IAS Officers; Narmadeshwar Lal Appointed Sugarcane Secretary
cmpdi_signs_mou_
CMPDI Signs MoU with CIPET to Train 160 Underprivileged Youth in Jharkhand
Ajay_Kumar_Srivastava IOB
Government Extends Tenure of Indian Overseas Bank MD & CEO Ajay Kumar Srivastava Until 2027 | Career Highlights
bp_Signs_MoU_
bp Signs MoU to Expand Natural Gas Exploration in Egypt’s West Nile Delta; Drilling to Begin in 2026
SJVN
SJVN Invites Bids for 600 MW ISTS-Connected Wind Power Projects; PPA for 25 Years
IPS Officer Indian Police Services
Suspension of IPS Officers Anjaneyulu and Kanthi Rana Tata Extended Amid Ongoing Probe in Kadambari Jethwani Case
Engineers India Limited EIL
Engineers India (EIL) Secures Patent for Innovative Air Distribution Duct System, Cuts Costs & Complexity in Fired Heater Design
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
How Modern Forensics Helps Police Solve Crimes – IPS Officer Shikha Goel Explains | Video Interview
IPS Shikha Goel
Decoding Digital Dangers: Insights from IPS Shikha Goel on Cyber Crimes
IPS Mukesh Kumar Bhamoo
Managing Elections, Communal Tensions, and Public Safety – Meet IPS Mukesh Kumar Bhamoo | Video Interview
ADVERTISEMENT
UPSC Stories
Ishwarlal Gurjar UPSC
10th Grade Failure to Indian Police Service: Ishwarlal Gurjar’s UPSC Success Path
Read the inspiring journey of Ishwarlal Gurjar from a small village in Rajasthan to becoming an IPS officer....
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
Social Media
IAS Medha Roopam
IAS Medha Roopam’s Inspiring Dedication in Flood-Hit Noida Goes Viral: Focuses on Relief, Education Amid Heavy Rains
Books in One Hand, Umbrella in Other: Noida DM Medha Roopam Leads Flood Relief from the Front
IAS Sakshi Sawhney Amritsar DC
Punjab Floods: IAS Sakshi Sawhney’s Emotional Appeal to Elderly Man Wins Hearts, Video of Humanity Goes Viral
Viral Video Captures Emotional Moment as Amritsar DC Shows Sensitivity and Courage Amid Relief Effor...
Masahiro Hara
From Go Board to Global Use, How QR Codes Changed the World: IRAS Officer Ananth Rupanagudi Spotlights Masahiro Hara’s Vision
IRAS officer Ananth Rupanagudi shared a video on Masahiro Hara, the inventor of QR codes, highlighting...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
PM Modi flood survey,
PM Modi Announces ₹3,100 Crore Flood Relief for Punjab & Himachal Pradesh | Full State-Wise Breakdown
Bihar Government-resized-IM
Pre-Poll Bureaucratic Reshuffle: Bihar Transfers 6 IAS Officers; Narmadeshwar Lal Appointed Sugarcane Secretary
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
IPS Shikha Goel
IPS Mukesh Kumar Bhamoo
ADVERTISEMENT
ADVERTISEMENT