NSDL IPO: NSDL Planning to launch Rs.3300 Crore IPO

India’s oldest and largest securities depository, National Securities Depository Ltd (NSDL), is planning to launch its Initial Public Offering (IPO) to raise around $400 million (roughly ₹3,300 crore).

NSDL IPO Launch Date

The IPO received approval from SEBI (Securities and Exchange Board of India) in October 2023. Now, the company is likely to launch the IPO in the second half of 2025, possibly as early as July.

This is a big step for NSDL because it plays a very important role in India’s stock market system by keeping securities safe in electronic form.

How Big is the IPO?

• The IPO will offer 50.1 million shares (5.01 crore shares).
• This is an Offer for Sale (OFS) — which means NSDL will not get any money directly from this IPO.
• Instead, the money will go to the existing shareholders who are selling their shares. These include:
  • IDBI Bank
  • National Stock Exchange (NSE)
  • State Bank of India (SBI)

What Will Be the IPO Price?

The price of the shares has not been announced yet. It will be decided and declared closer to the IPO date.

Who is Managing the IPO?

Some of the top financial firms are managing the IPO process. These are known as book-running lead managers, and include:

• ICICI Securities
• Axis Capital
• HSBC Holdings
• IDBI Capital

These companies will help with all the paperwork, promotion, and selling of the IPO to investors.

Why is NSDL Important?

• NSDL was started in 1996, at a time when India’s stock market still used paper-based systems for trading.
• Before NSDL, share certificates were handled in physical form, which caused delays, errors, and fraud.
• NSDL made it possible to store and transfer shares electronically — in dematerialised (demat) form — which made trading much faster and safer.
• Today, NSDL handles most of the electronic shares in India.

NSDL’s Main Competitor: CDSL

NSDL’s rival, Central Depository Services Ltd (CDSL), is already listed on the stock market.

• As of now, CDSL shares are trading at ₹1,740 each on the Bombay Stock Exchange (BSE).

Conclusion

This IPO is expected to get a lot of attention from both retail investors (common people) and institutional investors (big financial organisations) because:

• NSDL is a strong and reliable company.
• It plays a major role in India’s financial system.
• Investors might look at this IPO as a good long-term opportunity, just like CDSL’s IPO in the past.