NSDL was established in August 1996 and has built a modern infrastructure using advanced and flexible technology systems. It plays an important role in helping investors and brokers in India’s capital market. As of March 31, 2023, NSDL managed more than 31.46 million active demat accounts through 283 registered depository participants. These demat accounts allow investors to hold their securities in digital form and are handled by depository participants. The account holders are located in over 99% of India’s pin codes and across 186 countries. NSDL is planning to launch its Initial Public Offering (IPO), which will be a complete offer for sale (OFS) of 5.72 crore equity shares. Major stakeholders like IDBI Bank, NSE, SBI, HDFC Bank, and Union Bank of India will be selling their shares through this offer.
