NSDL IPO Opens! Key Dates, Prices & Surprise Benefits

NSDL IPO: Full Details on Dates, Lot Size, Price and More

The NSDL IPO is one of the most talked-about stock market events this year. The public issue, worth ₹4,011.60 crore, opened for bidding on July 30, 2025 and will close on August 1, 2025. It’s a pure Offer for Sale (OFS) where existing shareholders like IDBI Bank, SBI, HDFC Bank, NSE, and Union Bank are selling their shares. Since this is an OFS, NSDL will not receive any direct money from the IPO. Instead, the aim is to meet SEBI’s shareholding rules and allow early investors to book some profits.

NSDL IPO opens with ₹4,011 Cr offer. Know IPO price, dates, lot size, investor details, and listing info. Get ready before bidding closes on August 1.

NSDL IPO Price, Lot Size & Listing Details

The NSDL IPO price band is between ₹760 and ₹800 per share. The minimum lot size is 18 shares, so retail investors need to invest at least ₹13,680 to participate. For small High Net-Worth Individuals (sHNIs), the minimum amount is ₹2,01,600 for 252 shares. Big investors (bHNIs) will need to invest a minimum of ₹10,08,000 for 1,260 shares. The IPO will be listed on BSE

, with a tentative listing date of August 6, 2025. Allotments are expected to be finalized by August 4, with refunds and Demat credits processed the next day.

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NSDL IPO Reservation Breakdown

The IPO includes a total of 5.01 crore shares. Among these, nearly 35% are reserved for retail investors. Around 15% go to NIIs, 50% to QIBs, and 0.17% is reserved for employees. Interestingly, employees get a special ₹76 discount per share, which adds value for those working within the organization. Anchor investors picked up about 1.5 crore shares on July 29, investing over ₹1,200 crore. Big names like LIC and ADIA took part, showing strong institutional interest.

NSDL IPO Financials: Steady Growth and Strong Margins

Over the last year, NSDL has shown solid financial growth. In FY25, revenue grew by 12%, reaching ₹1,535 crore. Net profit also jumped by 25% to ₹343 crore. The company’s EBITDA margin stands at a healthy 24%, while PAT margin is around 22%. These numbers reflect a strong and stable business. With assets crossing ₹2,900 crore and returns like ROE of 17% and ROCE of 22.7%, many analysts feel the IPO is priced fairly.

NSDL IPO Core Business and Services

NSDL, short for National Securities Depository Limited, is India’s first and largest depository, started in 1996. It helps investors hold their shares in digital form instead of physical certificates. It also manages trading settlements, corporate actions like dividends, and pledging of shares. NSDL also offers services like e-voting and consolidated account statements (CAS). Currently, it manages 4 crore demat accounts and holds assets worth ₹510 lakh crore in custody.

Should You Invest in the NSDL IPO?

Market experts like Geojit have given a ‘Subscribe’ rating to the NSDL IPO. Their note highlights NSDL’s strong market leadership, steady income, and future-ready digital systems. Also, being a regulated market infrastructure company, NSDL enjoys higher trust and lower business risk. While the price-to-earnings ratio (P/E) is around 47x at the upper price band, the growth and stability it offers may make it a good long-term bet.

The NSDL IPO is a landmark offer from a company that powers much of India’s stock market infrastructure. With strong financials, trusted backers, and a clean business model, it looks promising—especially if you’re thinking long term. Just make sure to confirm your UPI mandate before 5 PM on August 1, 2025, if you’re applying online.