 "Vijay Chandok, Managing Director & Chief Executive Officer, National Securities Depository Limited (NSDL) during an IPO Press Conference in Mumbai. (PHOTO: KAMLESH PEDNEKAR)")
India’s largest depository, National Securities Depository Ltd (NSDL), is set to debut on the bourses, two years after it first filed its draft red herring prospectus (DRHP). Ahead of the much-anticipated initial public offering (IPO), NSDL managing director (MD) and chief executive officer (CEO) Vijay Chandok shares insights on the regulatory drivers behind the listing and surge in retail investors. In an interview with Sundar Sethuraman in Mumbai, Chandok addresses questions around competitive pressures from Central Depository Services Ltd (CDSL), new revenue streams and technology challenges. Edited excerpts:
What is the importance of the IPO for NSDL, and how will
