Page 3 - Nsdl

IPO-bound NSDL posts 5% rise in net profit to Rs 83 cr in Mar quarter

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

Sebi extends NSDL share listing deadline to July 31, 2025 for IPO prep

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

NSDL IPO expected by July as Sebi extends in-principle listing approval

In a letter dated March 28, Sebi granted an extension to the in-principle approval for listing, subject to certain conditions

NSDL, CDSL launch Unified Investor App: How will it benefit investors?

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

NSDL's much-awaited IPO likely before April to meet Sebi ownership cap

Sebi granted in-principle approval for the IPO in September 2023, following NSDL's draft red herring prospectus (DRHP) filing in July 2023

NSDL aims to launch Rs 3,000 crore IPO by next month, says official

Depository firm NSDL is targeting to launch its much awaited Rs 3,000-crore initial public offering (IPO) by next month, a senior official said on Thursday. As a market infrastructure institution (MII), National Securities Depository Ltd (NSDL) also needs other approvals apart from the draft red herring prospectus, the official said, adding that it is this approval which has a looming deadline. "Our dates are expiring next month. We are rushing against time to get things done fast. We will try (to launch the IPO before that)," the official said, replying to a specific query on the timeline for the IPO. The 12-month deadline for the DRHP expires in September, but it is the MII approval given by Sebi which is prompting the depository handling a bulk of India's dematerialised accounts to expedite the share sales process. Asked if the choppy market conditions are leading to a delay, the official said even in this situation there are some offerings hitting the market. Responding to a .

Foreign sales in financials drive second-highest monthly outflows in Jan

The Nifty financial services index shed 1.2 per cent and Nifty 50 dropped 0.6 per cent last month - modest losses despite the high sales

NSDL gets Vijay Chandok, financial market veteran as its new MD and CEO

The National Securities Depository Ltd (NSDL) on Friday said Vijay Chandok, a financial market veteran, has joined as its managing director and chief executive officer. Prior to joining NSDL, Chandok served as the MD and CEO of ICICI Securities. He held pivotal roles at the ICICI Group, including on the board of ICICI Bank as an executive director. A seasoned banker and a financial market veteran with over three decades of experience, Chandok brings a wealth of expertise in the BFSI sector, NSDL said in a statement. NSDL is a Sebi-registered market infrastructure institution offering a wide range of products and services to the financial and securities markets in India. Following the introduction of the Depositories Act in 1996, NSDL pioneered the dematerialisation of securities in India in November 1996. It is India's first securities depository to reach Rs 500 lakh crore (USD 6 trillion) in value of assets held in custody in September 2024. In October, NSDL received Sebi's go-ah

Value of securities held in demat form at NSDL reaches Rs 500 trillion

The National Securities Depository Ltd (NSDL) on Friday said the value of securities held in dematerialized form at the depository reached Rs 500 lakh crore (USD 6 trillion) in September 2024. The leading depository took 18 years to reach Rs 100 lakh crore in June 2014, another 6 years to touch Rs 200 lakh crore in November 2020 and a span of 4 years to hit the milestone of Rs 500 lakh crore, a statement said. "We thank investors, market participants, regulators and other stakeholders on this historic occasion," S Gopalan, Interim MD of NSDL said in a statement. NSDL is a Sebi-registered market infrastructure institution offering a wide range of products and services to the financial and securities markets in India. Following the introduction of the Depositories Act in 1996, NSDL pioneered the dematerialisation of securities in India in November 1996. Last month, the depository received Sebi's go-ahead to launch its initial public offering (IPO). The clearance from the markets ...

NSDL settles depository violation rule case with Sebi; pays Rs 3.12 crore

The National Securities Depository Ltd (NSDL) on Thursday settled a case pertaining to alleged violation of depository rules with markets regulator Sebi after paying Rs 3.12 crore towards settlement amount. This came after NSDL proposed to settle the case involving alleged violations of rules specified under the Sebi (Depositories and Participants) Regulations, 2018 "without admitting or denying the findings of facts" through a settlement order. NSDL was accused of failing to address grievances from participants and beneficial owners within 30 days, as required by Regulation 7(g) and breaching clauses of the Code of Conduct under the same regulations, both before and after August 28, 2023. "In view of the acceptance of the settlement terms and the receipt of settlement amount...by Sebi, the instant adjudication proceedings initiated against applicant vide show cause notice (SCN) dated February 8, 2024, is disposed of," the settlement order noted. The Securities and Exchange Board o

Sebi issues show-cause notice to NSDL over non-compliance related matters

At present, NSE holds a 24 per cent share in NSDL, while IDBI is the largest shareholder with a 26 per cent stake

NSDL gets Sebi nod for IPO over a year after filing offer document

At present, NSE holds a 24 per cent share in NSDL, while IDBI is the largest shareholder with a 26 per cent stake

More approachable, claimant-friendly: IEPFA reaches out to investors

During the financial year 2021-22, the IEPFA settled 26,044 claims and distributed 61,21,291 shares and dividends worth Rs 10,85,53,066 to the rightful claimants

FPI buying in Indian IT rises to highest since 2022 in July: NSDL data

Prior to this, the IT sector was divided into software, services and hardware technology

Ireland pips Mauritius to 4th spot on preferred FPI destinations list

Ireland takes the fourth spot with over Rs 4.41 trillion assets under custody

FPIs turn net buyers, investments in financials at 6-mth high: NSDL data

The heaviest-weighted sector, financials, garnered FPI inflows worth Rs 9,170 crore (about $1.1 billion) during the month, the highest since December 2023

Here's how much 30 companies plan to raise through IPOs in coming months

Expected IPOs in the coming months include those of Ola Electric, FirstCry, Waaree Energies, Fincare Small Finance Bank, Bansal Wire Industries, NSDL, among others

FPI inflows in Indian shares hit 3-month high in March: NSDL data

The Nifty 50 and BSE Sensex rose about 1.6% each last month, as data showing sustained strength in Asia's third-largest economy drove domestic and foreign buying

FPI count at GIFT City doubles in last four months, shows NSDL data

Many fund managers are increasingly looking to redomicile their base to India's maiden International Financial Services Centre (IFSC), say legal experts

PayCraft partners NSDL Payments Bank, NPCI to launch corporate transit card

PayCraft, a fintech entity in online and offline payments processing, on Tuesday said it launched One Nation Corporate Card in partnership with NSDL Payments Bank and National Payments Corporation of India (NPCI). The Mumbai-based company said the card, built on an indigenously developed multi-wallet platform with transit issuance and processing capability, serves as a tax benefit instrument for corporate employees. The card also comes with a corporate expense management platform for the employer to manage their expenses digitally. "The One Nation Corporate Card will be offered to the Indian customers pan-India from June end. We aim to service a million customers both corporates and SME employees pan-India within 24 months of our launch," said Ambarish Parekh, CEO of PayCraft. Built on National Common Mobility Card (NCMC) specifications with offline enabled, these cards will advance the Government of India's vision of One Nation One Card, the company said. It also offers a solutio