India’s largest depository, National Securities Depository Ltd. (NSDL), is all set to launch its much-awaited initial public offering (IPO) next week. The ₹4,011.60 crore issue will open for public subscription on July 30 and close on August 1.
This IPO is completely an offer for sale (OFS) of 5.01 crore equity shares, meaning no fresh capital will be raised. Instead, several prominent institutional shareholders will divest part of their holdings.
Here’s everything you need to know before subscribing:
10 Key Things to Know About NSDL IPO
| Factor | Details |
| IPO Dates | Opens: July 30 (Tuesday)Closes: August 1 (Thursday) |
| Price Band | ₹760 to ₹800 per share |
| IPO Size | ₹4,011.60 crore |
| Lot Size | 18 shares (minimum investment: ₹13,680) |
| Offer for Sale Details | IDBI Bank: 2.22 crore sharesNSE: 1.80 crore sharesSBI: 40 lakh sharesHDFC Bank: 20 lakh sharesUnion Bank: 5 lakh shares |
| Investor Allocation | QIB: 50%Retail: 35%Non-Institutional (NII): 15% |
| Employee Reservation | 85,000 shares reserved with ₹76 discount per share |
| IPO Allotment Date | Expected by August 4 (Monday) |
| IPO Listing Date | Tentatively August 6 (Wednesday), on BSE |
| Grey Market Premium (GMP) | ₹145 per share (as of current estimates) |
Who’s Selling Their Stake?
This is a pure OFS with no fresh issue component. Key selling shareholders include:
- IDBI Bank: Up to 2.22 crore shares
- NSE: Up to 1.80 crore shares
- SBI: Up to 40 lakh shares
- HDFC Bank: Up to 20 lakh shares
- Union Bank of India: Up to 5 lakh shares
Lead Manager and Registrar
- Book-running lead manager: ICICI Securities Limited
- Registrar to the issue: MUFG Intime India Pvt Ltd (formerly Link Intime)
Should You Invest?
NSDL holds a dominant position in India’s capital market infrastructure and has a strong financial track record. Market buzz, reflected in a GMP of ₹145, indicates strong investor appetite.
However, since this is an OFS and the proceeds go to existing shareholders (not the company), investors should assess valuations and long-term growth potential before jumping in.
Disclaimer: This story is for informational purposes only and should not be considered financial advice. Capital Mirror does not offer stock recommendations. Please consult a certified investment advisor before making any financial decision.
