NSDL Share Price Listing on BSE: Stock debuts with 10% premium over IPO price - Check details
NSDL Share Price Listing on BSE: Ahead of the IPO, National Securities Depository Ltd mobilised over Rs 1,201 crore from anchor investors.
Shares of National Securities Depository Ltd (NSDL) made a decent debut on the Dalal Street on Wednesday, August 6, 2025. The stock got listed at Rs 880 on the BSE, representing a premium of 10 per cent over its issue price of Rs 800. The company's total market capitalisation at this listing price stood at Rs 17,600 crore.
Later, it rose by 15 per cent to trade at Rs 920 on the exchange.
Listing Below Expectations
However, the listing is below the expectations in the grey market price, as GMP had suggested a listing at a premium of around 16 per cent. The IPO had a price band of Rs 760-800 per share.
Decent Response From Investors
Earlier, the initial public offer (IPO) of NSDL received a good response from investors and got a 41 times subscription on the closing day of bidding on Friday.
The Rs 4,011-crore initial share sale got bids for 1,44,03,92,004 shares against 3,51,27,002 shares on offer, translating into 41.01 times subscription, as per data available with the NSE.
Qualified Institutional Buyers (QIBs) garnered 103.97 times the subscription. The category for non-institutional investors received 34.98 times subscription, and the portion for Retail Individual Investors (RIIs) got subscribed 7.73 times.
The depository's public issue solely consisted of an Offer For Sale (OFS) component of 5.01 crore shares, and those selling shares under this are 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.
With this listing, NSDL has become the country's second publicly traded depository after Central Depository Services Ltd (CDSL), which was listed on the NSE in 2017.
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, it pioneered the dematerialisation of securities in India in November 1996.