National Securities Depository Limited (NSDL) IPO Details
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National Securities Depository IPO opens for subscription on 30 Jul 2025 and closes on 01 Aug 2025. The IPO will be listed on NSE, BSE with the tentative listing date set for 06 Aug 2025.
National Securities Depository IPO price band has been fixed at ₹760 – ₹800 per share.The face value is ₹2 per share with a lot size of 18.
National Securities Depository IPO total issue size comprises 5,01,45,001 shares (aggregating up to ₹4,011.60 Cr). Pre-issue shareholding stands at 20,00,00,000, which will increase to 20,00,00,000 post-issue.
National Securities Depository IPO carries a ₹125 (15.6%) GMP, reflecting investor sentiment.
National Securities Depository IPO Lot Size : Retain Minimum is 1 lot (18 shares) amounting to ₹14,400. Retain Maximum is 13 lots (234 shares) amounting to ₹187,200. SHNI Minimum is 14 lots (252 shares) amounting to ₹201,600. SHNI Maximum is 69 lots (1,242 shares) amounting to ₹993,600. BHNI Minimum is 70 lots (1,260 shares) amounting to ₹1,008,000.
The Lead Managers for National Securities Depository IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is ICICI Securities Limited, SBI Capital Markets Limited, HSBC Securities & Capital Markets Pvt Ltd, Axis Capital Limited, IDBI Capital Market Services Limited, Motilal Oswal Investment Advisors Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the National Securities Depository Limited (NSDL) RHP.
National Securities Depository IPO Details
National Securities Depository IPO Subscription
National Securities Depository IPO Application Wise Breakup (Approx)
National Securities Depository IPO Dates
- 30 Jul 2025Opening dateOPD
- 01 Aug 2025Closing dateCOD
- 04 Aug 2025Basis of AllotmentBOA
- 05 Aug 2025Initiation of RefundsIOR
- 05 Aug 2025Credit of SharesCOS
- 06 Aug 2025Listing dateLID
National Securities Depository IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 18 | ₹14,400 |
| Retain Maximum | 13 | 234 | ₹187,200 |
| SHNI Minimum | 14 | 252 | ₹201,600 |
| SHNI Maximum | 69 | 1242 | ₹993,600 |
| BHNI Minimum | 70 | 1260 | ₹1,008,000 |
National Securities Depository IPO Reservation
Promoter Holding
National Securities Depository IPO Valuations
National Securities Depository Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 2,984.84 | 2,257.74 | 2,093.48 |
| Revenue | 1,535.19 | 1,365.71 | 1,099.81 |
| Profit After Tax | 343.12 | 275.45 | 234.81 |
| EBITDA | 492.94 | 381.13 | 328.60 |
| Net Worth | 2,005.34 | 1,684.10 | 1,428.86 |
| Reserves and Surplus | 232.31 | 216.32 | 199.08 |
| Amount in ₹ Crore | |||
About National Securities Depository IPO
Incorporated in 2012, National Securities Depository Limited (NSDL) is SEBI-registered Market Infrastructure Institution (MII).
Core Activities:
- Acts as a securities depository in India.
- Maintains electronic records of allotment and ownership transfer of securities.
- Provides depository services including dematerialization, trade settlement, off-market transfers, pledging of securities, and corporate actions.
- Provides asset servicing for securities held in dematerialized form.
- Offers additional services such as e-voting, consolidated account statements (CAS), and non-disposal undertakings (NDU).
Subsidiaries:
- NSDL Database Management Limited (NDML): Offers services across e-governance, regulatory platforms, KYC, insurance repository, and collaborative industry platforms. Handles SEZ automation and the National Skills Registry.
- NSDL Payments Bank Limited (NPBL): Operates a business-to-business payments bank. Provides digital banking, domestic remittances, savings accounts, AePS, micro-ATMs, prepaid cards, UPI, POS, and third-party product distribution (insurance and mutual funds).
Key Figures (as of March 31, 2025):
- Active demat accounts: 39.45 million
- Registered depository participants: 294
- Registered issuers: 33,758
- Account holders located in over 99% of Indian PIN codes and in 186 countries
Strength Of National Securities Depository IPO
- India’s first and leading technology-driven depository.
- Strong emphasis on technology-led product innovation.
- Robust IT infrastructure with advanced risk management and cybersecurity.
- Stable revenue base with high recurring income component.
- Wide range of asset classes held in demat accounts.
- Well-diversified business verticals.
Risk Of National Securities Depository IPO
- Dependence on transaction-based revenue sensitive to market trading volumes.
- Vulnerability to IT system disruptions or cybersecurity breaches.
- Reliance on depository participants for business operations and growth.
- Subsidiary NDML subject to multiple regulatory compliance risks.
- Past SEBI observations and risk of future regulatory warnings or deficiencies.
- Pending legal proceedings involving the Company, its Directors, and Subsidiaries.
Objectives National Securities Depository IPO
1. Achieve the benefits of listing the Equity Shares on BSE
Company Contact Details
National Securities Depository Ltd.
3rd Floor, Naman Chamber,
Plot C-32, G-Block,
Bandra Kurla Complex, Bandra East,
Mumbai, Maharashtra, 400051
Phone: +91 22 2499 4200
Email: cs_nsdl@nsdl.com
Website: https://nsdl.co.in/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Read more about Shringar House of Mangalsutra IPO
- National Securities Depository Limited (NSDL) IPO Detail
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- Checked Live National Securities Depository Limited (NSDL) IPO Allotment Status
- National Securities Depository Limited (NSDL) IPO Basis Of Allotment
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