National Securities Depository Limited – IPO
National Securities Depository Limited – IPO Details
| IPO Date | July 30, 2025 to August 1, 2025 |
| Listing Date | August 6, 2025 |
| Face Value | ₹ 2 / Share |
| Price Band | ₹ 760 to ₹ 800 / Share |
| Lot Size | 18 Shares |
| Total Issue Size | 5,01,45,001 shares (Aggregating up to ₹4,011.60 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | ₹76.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE |
| Share holding pre issue | 20,00,00,000 shares |
| Share holding post issue | 20,00,00,000 shares |
| Market Maker portion |
National Securities Depository Limited Timeline (Tentative Schedule)
National Securities Depository Limited IPO opens on July 30, 2025, and closes on August 1, 2025.
| IPO Open Date | July 30, 2025 |
| IPO Close Date | August 1, 2025 |
| Basis of Allotment | August 4, 2025 |
| Initiation of Refunds | August 5, 2025 |
| Credit of Shares to Demat | August 5, 2025 |
| Listing Date | August 6, 2025 |
| Cut-off time for UPI mandate confirmation | August 1, 2025 |
National Securities Depository Limited IPO Lot Size
Investors can bid for a minimum of 18 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 18 | Rs.14,400 |
| Retail (Max) | 13 | 234 | Rs.187,200 |
| S-HNI (Min) | 14 | 252 | Rs.201,600 |
| S-HNI (Max) | 69 | 1,242 | Rs.993,600 |
| B-HNI (Min) | 70 | 1,260 | Rs.1,008,000 |
| HNI (Min) |
National Securities Depository Limited IPO Promoter Holding
| Share Holding Pre Issue | |
| Share Holding Post Issue |
National Securities Depository Limited IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50% |
|
| NII (HNI) Shares Offered | Not less than 15% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
National Securities Depository Limited IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About National Securities Depository Limited
National Securities Depository Limited (NSDL), a Market Infrastructure Institution (MII) registered with SEBI, was founded in 2012.
Essential Tasks:
serves as an Indian securities depository.
keeps electronic records of securities' allocation and transfer of ownership.
offers a range of depository services, such as corporate actions, trade settlement, off-market transfers, securities pledging, and dematerialization.
offers asset servicing for dematerialized securities.
provides extra services like non-disposal undertakings (NDU), consolidated account statements (CAS), and electronic voting.
Affiliates:
NSDL Database Management Limited (NDML): Provides services in the areas of insurance repositories, regulatory platforms, KYC, e-governance, and cooperative industry platforms. oversees the National Skills Registry and SEZ automation.
A business-to-business payments bank is run by NSDL Payments Bank Limited (NPBL). offers prepaid cards, UPI, POS, AePS, micro-ATMs, digital banking, savings accounts, domestic remittances, and third-party product distribution (mutual funds and insurance).
Important Data (as of March 31, 2025):
39.45 million demat accounts are active.
Participants in the depository who are registered: 294
33,758 account holders in 186 countries and more than 99% of Indian PIN codes are registered issuers.
Competitive Advantages:
First and foremost depository in India, running a variety of tech-driven enterprises.
strong emphasis on product innovation driven by technology.
strong cyber-security protocols, risk management frameworks, and IT infrastructure aimed at protecting the depository system's integrity and safety.
steady revenue stream that includes a sizable amount of recurring income.
Demat accounts and well-diversified business verticals hold a wide range of asset classes.
seasoned senior management group.
Key Performance Indicator
The market capitalization of NSDL IPO is ₹16000.00 Cr.
| KPI | Values |
|---|---|
| ROE | 17.11% |
| ROCE | 22.7% |
| Debt/Equity | |
| RoNW | 17.11% |
| P/BV | 7.98 |
| PAT Margin (%) | 22.35% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 17.16 | |
| P/E (x) | 46.63 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 that is available in RHP.
Objects of the Issue (National Securities Depository Limited IPO Objectives)
National Securities Depository Limited 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: [email protected] Website: https://nsdl.co.in/ |
National Securities Depository Limited IPO Registrar
MUFG Intime India Private Limited (Link Intime) Phone: +91-22-4918 6270 Email: [email protected] Website: https://linkintime.co.in/Initial_Offer/public-issues.html |