NSDL IPO last day: All you need to know about allotment, listing

NSDL IPO News: The initial public offering (IPO) of National Securities Depository Limited (NSDL) is set to close later today, having attracted strong interest from investors across all categories. So far, the issue had been subscribed 9.02 times, according to data from the National Stock Exchange (NSE).

The three-day public issue opened on July 30 and has so far received bids for 31.68 crore shares against 3.51 crore shares available.

Investor demand has been led by non-institutional investors (NIIs), whose portion has been subscribed 22.95 times. Retail investors have bid for 5.98 times their allocated quota, while qualified institutional buyers (QIBs) have subscribed 3.87 times their share.

The IPO is entirely an Offer for Sale (OFS), with 5.01 crore equity shares being offered by existing shareholders, amounting to a total issue size of Rs 4,011.60 crore at the upper end of the price band of Rs 760–Rs 800 per share. The minimum lot size is 18 shares, requiring a retail investment of Rs 14,400.

Since this is an OFS, NSDL will not receive any proceeds from the issue. The funds will go to the selling shareholders who are partially divesting their stakes.

Following the close of the issue today, the basis of allotment is expected to be finalized on August 4, and successful bidders are likely to receive shares in their demat accounts by August 5. The stock is scheduled to debut on the NSE and BSE on August 6.

About NSDL

Founded in 1996, NSDL is India’s largest depository in terms of market share, number of issuers, and assets held under custody. As of March 31, 2025, it managed over 39.45 million demat accounts, covering 99 per cent of India’s PIN codes and operating in 186 countries.