Market analysts have broadly shared positive views on the public issue of NSDL, citing its fair valuation compared to its only listed rival, Central Depository Services (India) Limited (CDSL)
The National Securities Depository Ltd. (NSDL) mobilised over Rs 1,201 crore from institutional investors on Tuesday, a day before its initial share-sale opening for public subscription. This anchor portion witnessed participation from domestic and foreign institutional investors, including Life Insurance Corporation of India (LIC), Smallcap World Fund Inc, SBI Mutual Fund (MF), Fidelity Funds and Nippon India MF, according to a circular uploaded on the BSE's website. SBI Life Insurance Company and HDFC Life Insurance Company, Abu Dhabi Investment Authority, Ashoka WhiteOak India Opportunities Fund, ICICI Prudential MF and HDFC MF are also among the investors. Of these, LIC was the largest investor, picking up nearly 18 lakh shares, amounting to 11.99 per cent of the total anchor book, for Rs 144 crore. According to the circular, NSDL has allotted over 1.5 crore equity shares to 61 funds at Rs 800 apiece. This aggregates the transaction size to Rs 1,201.4 crore. The Rs 4,011-crore
Amid the buzz around the NSDL IPO, investors are closely watching its closest and only listed rival, Central Depository Services
Notably, the public issue of NSDL will be an entirely offer-for-sale (OFS) of 50.14 million equity shares, with no fresh capital being raised by the company
National Securities Depository (NSDL) IPO will open for bidding on Wednesday, July 30 and close on Friday, August 1, 2025
NSDL IPO will open for public subscription on Wednesday, July 30, and close on Friday, August 1
The IPO is crucial for NSDL primarily to meet regulatory shareholding requirements. Meeting these regulatory expectations is of utmost importance to us, says NSDL MD & CEO
In the mainboard segment, the much-awaited IPO of National Securities Depository Limited (NSDL) will open for bidding on Wednesday, July 30
NSDL IPO will be a pure offer for sale (OFS) of 50.14 million equity shares, with no fresh capital being raised by the company
National Securities Depository Ltd (NSDL) is set to launch its Initial Public Offering (IPO) on July 30, with the issue size pegged at around Rs 4,000 crore. The depository's maiden public issue will conclude on August 1. The one-day bidding for anchor investors is scheduled to open on July 29, according to the Red Herring Prospectus (RHP). The IPO only consists of Offer For Sale (OFS) component of 5.01 crore shares and those selling shares under this are -- the National Stock Exchange of India (NSE), State Bank of India (SBI), HDFC Bank, IDBI Bank, Union Bank of India and Administrator of Specified Undertaking of the Unit Trust of India (SUUTI). Since the public issue is entirely an OFS, NSDL will not receive any proceeds from the IPO. Market sources have pegged the IPO size to around Rs 4,000 crore. This upcoming listing will make NSDL the country's second publicly traded depository after Central Depository Services (CDSL), which was listed on the NSE in 2017. The listing of NS
NSDL IPO is an entirely Offer for Sale (OFS) of up to 50,145,001 equity shares with a face value of ₹2 each
Manufacturer of gold jewellery Shanti Gold International on Tuesday fixed a price band of ₹189-199 per equity share for its upcoming ₹ 360 crore initial public offering (IPO)
With this listing, NSDL will become India's second publicly traded depository, joining Central Depository Services (CDSL), which went public on the NSE in 2017
The expected proceeds exceed the approximately $400 million estimated by people familiar with the matter in June
The listing of NSDL, the country's largest depositary in terms of assets under custody, is being managed by ICICI Securities Ltd., Axis Capital Ltd., HSBC Holdings Plc and IDBI Capital
IPO-bound National Securities Depository Ltd (NSDL) on Sunday reported a 4.77 per cent rise in consolidated net profit to Rs 83.3 crore for the three months ended March 2025. The company had posted a net profit of Rs 79.50 crore in the same quarter of the preceding fiscal. Its total income rose 9.94 per cent to Rs 394 crore in the quarter under review from Rs 358 crore in the January-March quarter of 2023-24, NSDL said in a statement. For the full fiscal year, the depository's net profit surged 24.57 per cent to Rs 343 crore and total income rose 12.41 per cent to Rs 1,535 crore over FY24. The depository's board of directors has recommended a final dividend of Rs 2 per equity share for the financial year FY 2024-25, subject to the approval of the shareholders. NSDL facilitates the holding and transfer of securities in dematerialised form. Its demat account holders were in more than 99 per cent of pin codes in India and 186 countries across the world, with over 63,000 service centr
Capital markets regulator Sebi has granted an extension for the listing of National Securities Depository Ltd (NSDL) shares until July 31, 2025, the depository announced. This extension comes after the depository sought an extension from the Securities and Exchange Board of India (Sebi). According to NSDL's statement, "Sebi, vide its letter dated March 28, 2025, has granted an extension for the listing of shares of NSDL on a recognised stock exchange until July 31, 2025, subject to the conditions." Market experts suggest that this extension will give NSDL ample time to ready itself for the Initial Public Offering (IPO) and to launch it when market conditions are more favourable. Sebi granted its go-ahead to NSDL in September 2024 to float its IPO. The depository had filed its draft papers in July 2023. The proposed IPO will be a complete Offer For Sale (OFS) of over 5.72 crore equity shares by existing shareholders, including the National Stock Exchange of India (NSE), State Bank
In a letter dated March 28, Sebi granted an extension to the in-principle approval for listing, subject to certain conditions
The app will allow investors to view consolidated data of their investments, including financial statements, mutual fund investments, trading positions across brokers, and tax implications
Sebi granted in-principle approval for the IPO in September 2023, following NSDL's draft red herring prospectus (DRHP) filing in July 2023