https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

NSDL Reports 30% Rise in Q3 Net Profit, Sets Sights on IPO

The depository's total income for the October-December quarter rose by 16.2%, reaching Rs 391.21 crore, up from Rs 336.67 crore in the corresponding quarter of FY24.
Indian Masterminds Stories

National Securities Depository Ltd (NSDL), India’s leading depository, announced a 30% increase in its consolidated net profit for the third quarter of FY25. For the three months ending December 2024, NSDL’s net profit surged to Rs 85.8 crore, compared to Rs 66.09 crore in the same period last year.

The depository’s total income for the October-December quarter rose by 16.2%, reaching Rs 391.21 crore, up from Rs 336.67 crore in the corresponding quarter of FY24.

For the nine months ending December 2024, NSDL saw a remarkable 32.6% year-on-year growth in net profit, totaling Rs 259.82 crore. The total income during this period also grew by 13.3%, amounting to Rs 1,141.4 crore.

NSDL made headlines in September 2024 when it became the first Indian securities depository to reach a milestone of Rs 500 lakh crore (USD 6 trillion) in assets held in custody. This significant achievement underscores the depository’s growing influence in India’s financial markets.

In October 2024, NSDL received approval from the Securities and Exchange Board of India (SEBI) to launch its long-anticipated Initial Public Offering (IPO). The proposed IPO is a complete offer for sale (OFS), with over 5.72 crore equity shares to be sold by existing shareholders, including the National Stock Exchange (NSE), State Bank of India (SBI), and HDFC Bank, according to the draft red herring prospectus (DRHP). Notably, NSDL will not receive any proceeds from the IPO, as it is a pure offer for sale.

Once listed, NSDL will become the second publicly traded depository in India, following Central Depository Services Ltd (CDSL), which went public on the NSE in 2017. This move is expected to further strengthen NSDL’s position in India’s securities and financial markets, enhancing its transparency and accountability to investors.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
SECI
SECI and MAHAPREIT Forge Strategic Alliance to Accelerate Renewable Energy Infrastructure in Maharashtra
WhatsApp Image 2025-06-23 at 5.36
INS Teg Concludes Successful Port Call in Mauritius, Strengthening India-Mauritius Maritime Partnership
IPS Jitendra Rana
Who Is IPS Jitendra Rana, the Newly Appointed IG of Patna Central Range & Known for Arresting Bahubali MLA Anant Singh?
Kerala-police-resized
Kerala’s Next DGP: Political Stakes & Procedural Hurdles Shape High-Profile Succession Battle - Full Details Inside
Tamil-Nadu government
Tamil Nadu: 55 IAS Officers, Including 9 DCs, Transferred in Major Reshuffle; Rajendra Ratnoo Appointed Principal Secy to Govt
SECI
India Accelerates Green Hydrogen Push with SECI’s 724,000-Tonne Green Ammonia Tender to Transform Fertilizer Sector
coal-India-limited-scaled
Coal India’s CCL to Operationalize Two New Mines in FY26 to Boost Output by 12 Million Tonnes
IAS Officers Indian Administrative Services (IAS)
IAS Ashwani Kumar Takes Charge of Sports and Legislative Affairs in Gujarat; Ankita Mishra Given Excise Charge in Goa
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-06-23 at 12.39
Retired Officers Lead 7-Day Mission to Revive Betwa River with 55 Check Dams | Video Interview
Inderjit Singh Interview Plane Crash
What ill-fated pilots of AI171 may have gone through in those 40 seconds before the crash? Intro:
IRAS Ananth Rupanagudi
IRAS Ananth Rupanagudi’s 27-Year Odyssey with Indian Railways | Exclusive Interview
ADVERTISEMENT
UPSC Stories
Sanish Kumar Singh
“If you want it badly enough, you’ll find a way,” Sanish Kumar Singh AIR 8, UPSC IFS 2024 
The real interview, he says, was much more humane. “The board was conversational. The chairman opened...
Raju Wagh
When the Battlefield Became a Study Room and a Dream Took Flight
Amid IED blasts and anti-Maoist operations in Bastar, CRPF Commando Raju Wagh taught village kids, studied...
WhatsApp Image 2025-06-18 at 10.31
"I Just Wanted to Breathe Again": The Man Who Fought Death and Made It to UPSC
Struck by COVID at the peak of his UPSC prep, Devanand Telgote spent months on ECMO, unsure he'd live,...
Social Media
Tigress Arrowhead
The End of an Era: A Queen Falls - Ranthambore’s Iconic Tigress Arrowhead (T-84) Passes Away at 14, Hours After Daughter’s Relocation
Ranthambore mourns the loss of one of its fiercest and most beloved tigers, Arrowhead, the granddaughter...
Screenshot 2025-06-13 194001
Wild Elephant Disrupts Riverside Picnic, Sparks Debate on Human Encroachment; IFS Parveen Kumar Shares the Video - Watch Here!
Mr. Kaswan used the viral video, which has garnered over 1.5 lakh views, to highlight the risks of human...
Tiger jump Sundarban
Stunning Viral Video Shows Royal Bengal Tiger Making Spectacular 30-Foot Leap Across River in Sunderbans - See It Here
Retired Indian Forest Service (IFS) officer Susanta Nanda shared the clip online, which quickly went...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
SECI
SECI and MAHAPREIT Forge Strategic Alliance to Accelerate Renewable Energy Infrastructure in Maharashtra
WhatsApp Image 2025-06-23 at 5.36
INS Teg Concludes Successful Port Call in Mauritius, Strengthening India-Mauritius Maritime Partnership
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-06-23 at 12.39
Inderjit Singh Interview Plane Crash
IRAS Ananth Rupanagudi
ADVERTISEMENT
ADVERTISEMENT