The highly anticipated initial public offering (IPO) of National Securities Depository Limited (NSDL), valued at ₹4,012 crore, recorded a 159% subscription on its opening day (July 30, 2025). While investor interest appears steady, detailed breakdowns for retail and institutional segments remain pending.
Key IPO Details:
Issue Size: ₹4,012 crore (entirely an Offer for Sale by existing shareholders).
Price Band: ₹760 and ₹800 per share.
Bidding Window: July 30–August 1, 2025.
1. IPO Subscription Details (Day 1)
| Category | Subscription | Bids Received | Shares Offered |
| Overall | 150% | 1,35,17,118 | 3,51,27,002 |
| Retail (RII) | 171% | Not specified | Not specified |
| Non-Institutional (NII) | 234% | Not specified | Not specified |
| QIB | 79% | Not specified | Not specified |
2. Anchor Investor Details
| Parameter | Value |
| Amount Raised | ₹1,201.4 crore |
| Date | July 29, 2025 |
| Share Price | ₹800 per share |
| Shares Allotted | 1.5 crore |
| No. of Investors | 61 |
Key Investors LIC (18 lakh shares, ₹144 cr), Smallcap World Fund, SBI MF, Fidelity, Nippon India MF, SBI Life, HDFC Life, Abu Dhabi Investment Authority, Ashoka WhiteOak, ICICI Pru MF, HDFC MF |
4. Financial Highlights (FY 2024-25) Metric Value (₹ crore) YoY Growth
Net Profit 343 24.57%
Total Income 1,535 12.41%
5. Valuation & Market Data Metric Value
Market Cap (Upper Band) ₹16,000 crore
P/E Ratio 46x (per analyst)
Grey Market Premium ₹135–140
