National Securities Depository Limited (NSDL) had a strong listing on the Bombay Stock Exchange (BSE) on 6 August 2025.
Its shares were listed at ₹880, compared to the issue price of ₹800 — giving investors a gain of around 10% right on the first day. This means those who got allotment earned a profit of ₹80 per share.
For a lot size of 18 shares, this translates to a total listing gain of ₹1,440. The positive listing reflects strong investor confidence in NSDL.
Share Performance and IPO Details
After the initial listing, NSDL’s share price went up further to ₹899, offering a return of 12.38% to IPO investors. The IPO, worth ₹4,011 crore, was open for subscription from 30 July to 1 August
and was oversubscribed 41.02 times. Investors placed bids for 144.03 crore shares against the 3.51 crore shares on offer.
Here’s how different investor categories responded:
Retail investors: 7.73 times subscription
Non-institutional investors (NII): 34.98 times
Qualified institutional buyers (QIB): 103.97 times
No Fresh Issue of Shares
One key point about this IPO is that it did not include any fresh issuance of shares.
Instead, 5,01,45,001 shares with a face value of ₹2 each were sold through the Offer for Sale (OFS) route. This means NSDL itself did not raise any new funds from the IPO.
