NSDL IPO 2025: Date, GMP, Share Price, Allotment & Listing Details
24 July 2025 · Sachin
Everything You Need to Know About National Securities Depository Ltd. IPO in 2025
NSDL IPO Allotment Status
The NSDL IPO allotment status is now the center of attention as the ₹4,012 crore offer nears closure. Backed entirely by an Offer For Sale (OFS), the National Securities Depository Limited IPO has seen strong investor interest, with a Day 2 subscription of 2.87 times. Investors can expect the IPO allotment to be finalized shortly after the subscription window closes on August 1, 2025. Once finalized, successful applicants can check their NSDL IPO allotment status online through the BSE website or the registrar’s portal by entering their PAN, application number, or DP client ID. With a strong grey market premium (GMP) of ₹135, the IPO hints at potential listing gains of approximately 17%. NSDL shares are expected to be listed on the BSE on August 6, 2025.
Introduction
At Ultra, we help you stay ahead with trusted market updates and smart investment opportunities. One of the most anticipated IPOs this year is the National Securities Depository Limited (NSDL) IPO. Here’s a detailed breakdown covering its issue size, share price, release date, GMP, listing details, and whether it fits your portfolio.
What is NSDL?
National Securities Depository Limited (NSDL) is India’s first and leading securities depository. Registered as a Market Infrastructure Institution (MII) under SEBI, NSDL plays a crucial role in maintaining electronic records of ownership and transfer of securities in India’s capital markets.
Core services include:
Dematerialization of securities
Settlement of trades
Off-market transfers
Pledging of securities
Corporate actions, e-voting, and consolidated account statements (CAS)
NSDL also operates through subsidiaries:
NSDL Database Management Limited (NDML): Specializes in e-governance, KYC, insurance repository, and SEZ services.
NSDL Payments Bank Limited (NPBL): A digital payments bank offering domestic remittances, savings, AePS, micro-ATMs, prepaid cards, UPI, POS, and more.
As of March 31, 2023, NSDL had:
31.46 million active demat accounts
283 registered depository participants
40,987 registered issuers
Presence across 99% of Indian PIN codes and in 186 countries
NSDL IPO: Important Dates & Timeline
| Event | Date |
|---|---|
| IPO Opens | Wed, July 30, 2025 |
| IPO Closes | Fri, August 1, 2025 |
| Allotment Finalisation | Mon, August 4, 2025 |
| Refund Initiation | Tue, August 5, 2025 |
| Credit to Demat | Tue, August 5, 2025 |
| Tentative Listing Date | Wed, August 6, 2025 |
| UPI Mandate Cut-off | 5 PM on August 1, 2025 |
NSDL IPO Reservation Details
| Investor Category | Shares Offered |
|---|---|
| Qualified Institutional Buyers (QIBs) | Up to 50% of Net Offer |
| Retail Investors | Minimum 35% of Net Offer |
| Non-Institutional Investors (NIIs) | Minimum 15% of Net Offer |
NSDL IPO Financial Snapshot
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Borrowings |
|---|---|---|---|---|---|
| 31 Mar 2023 | ₹2,093.48 Cr | ₹1,099.81 Cr | ₹234.81 Cr | ₹1,428.86 Cr | Nil |
| 31 Mar 2022 | ₹1,692.75 Cr | ₹821.29 Cr | ₹212.59 Cr | ₹1,211.62 Cr | Nil |
| 31 Mar 2021 | ₹1,504.01 Cr | ₹526.12 Cr | ₹188.57 Cr | ₹1,019.30 Cr | Nil |
Competitive Strengths of NSDL
Market Pioneer: First and largest depository in India.
Strong Tech Backbone: Advanced IT infrastructure and cybersecurity.
Recurring Revenue: Stable revenue base with diversified verticals.
Diverse Subsidiaries: Value-added services through NDML and NPBL.
Trusted by Millions: Over 31 million demat accounts.
Experienced Leadership: Veteran management team driving growth.
Should You Invest in NSDL IPO?
NSDL is a vital pillar in India’s capital markets, with decades of trust and robust financials. The company’s business model is stable with repeat revenue, and it plays a mission-critical role for India’s equity markets.
However, since the entire IPO is an Offer For Sale, the proceeds won’t boost expansion — they go to existing shareholders selling their stakes. Investors should consider NSDL’s steady growth prospects, competitive position, and valuation before investing.
Ultra’s Take
At Ultra, we believe in long-term wealth creation through informed investing. If you plan to invest in IPOs, research thoroughly, compare GMP trends, and check your risk appetite. Stay tuned to Ultra for the latest NSDL IPO news, GMP updates, and listing performance.
FAQs on NSDL IPO
Q1. What is the NSDL IPO date?
The IPO opens on July 30, 2025, and closes on August 1, 2025.
Q2. What is the NSDL IPO price band?
The official price band will be announced closer to the opening date.
Q3. What is the NSDL IPO GMP today?
The latest GMP updates will be shared by Ultra as soon as grey market trends emerge.
Q4. How big is the NSDL IPO?
The total issue size is 5.01 crore shares offered through an Offer For Sale.
Q5. Where will NSDL IPO be listed?
NSDL shares will be listed on both the BSE and NSE.
Q6. How do I apply for the NSDL IPO?
Use Ultra to apply seamlessly — link your demat account, choose your lot, confirm the UPI mandate, and track your application.
Final Words
NSDL’s IPO is one of the most awaited listings in the market this year. Stay updated with Ultra to know the NSDL IPO expected price, GMP trends, subscription status, and listing price.
Want to invest smartly in IPOs and fixed-income opportunities? Sign up with Ultra and take your investment journey to the next level!