NSDL IPO GMP & Review: Apply or Avoid?

The NSDL IPO is open for bidding from 30th July 2025 to 1st August 2025. It is a bookbuilding IPO of ₹4,011.60 crore and an offer for sale of 5.01 crore shares. The issue will be listed on BSE on its tentative listing date, 6th August 2025. 

NSDL IPO Details 

The NSDL IPO date is fixed between 30th July 2025 and 1st August 2025. The face value of NSDL IPO shares stands at ₹2 per share, and the IPO price band is set between ₹760 to ₹800 per share.

MUFG Intime India Private Limited is the registrar of the NSDL IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

NSDL IPO Share Reservation

NSDL IPO is a bookbuilding IPO issue of 5.01 crore shares worth ₹4,011.60 crores. National Securities Depository Limited shares will be listed on the BSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

NSDL IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the NSDL IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 29th July 2025, NSDL IPO GMP stands at ₹135 per share, which means the share will likely show a listing at ₹935 (800+135) on its tentative listing date, 6th August 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the NSDL GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

NSDL IPO GMP Review

Check out the detailed NSDL GMP IPO review for a thorough understanding of its potential to report listing gains on 6th August 2025. The NSDL IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the NSDL IPO.

NSDL Limited’s revenue soared by 12% from ₹1,365.71 crores in March 2024 to ₹1,535.19 crores in March 2025. Moreover, the company’s PAT increased by 25% from ₹275.45 crores to ₹343.12 crores.

National Securities Depository Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the NSDL IPO for its tentative listing day, 6th August 2025.  

Technical Analysis

A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the NSDL IPO.

The PE ratio of NSDL Limited shares is 46.63, and its Earnings Per Share (EPS) stands at 17.16. Thus, the NSDL Limited IPO can potentially deliver gains on its tentative listing date, 6th August 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of National Securities Depository Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

NSDL Limited IPO Peer Comparison

NSDL IPO Subscription Status

NSDL IPO is to be opened for bidding on 30th July 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live NSDL IPO Subscription Status. 

About National Securities Depository Limited

National Securities Depository Limited was incorporated in 2012, is a SEBI-registered Market Infrastructure Institution. A leading player in the depository that facilitates the holding and transfer of securities in electronic format. It provides demat account services to investors, brokers, issuers, and regulators. NSDL’s core focus lies in enhancing stock market infrastructure by upgrading technology in its functionality.

• Acts as a securities depository in India.
• Maintains electronic records of allotment and ownership transfer of securities.
• Provides depository services including dematerialization, trade settlement, off-market transfers, pledging of securities, and corporate actions.
• Provides asset servicing for securities held in dematerialized form.
• Offers additional services such as e-voting, consolidated account statements (CAS), and non-disposal undertakings (NDU).

National Securities Depository Limited Financials

The company’s financial analysis is essential before applying for the NSDL IPO. Look at the table to learn about National Securities Depository Limited’s financials. 

Explanation

NSDL Limited’s revenue soared by 12% from ₹1,365.71 crores in March 2024  to ₹1,535.19 crores in March 2025. Moreover, the company’s PAT increased by 25% from ₹275.45 crores to ₹343.12 crores.

NSDL IPO Bidding Requirements

Investors can bid for a minimum of 18 shares in multiples thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.

NSDL’s IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO.

Use the lot size calculator to find how many shares you should apply!

Aim of NSDL IPO

The primary aim of the NSDL IPO is to raise ₹4,011.60 crores. On the other hand, NSDL has decided to utilise these funds in different ways. Explore some of the secondary objectives for the NSDL IPO.

• To achieve the benefits of listing the equity shares on BSE

Also Read : Kaytex Fabrics IPO GMP & Review: Apply or Avoid?

Should I Invest in the NSDL IPO

“NSDL is engaged as a pioneer in depository services in India and is an icebreaker for the demat process. The company is expanding its horizon with more value-added services and options. The company posted steady growth in its top and bottom lines. It paid dividends for FY23 and FY24 at 50%. Based on its recent financial data, the issue appears fully priced. Investors may grab this opportunity to invest in this evergreen company for the medium to long term”. [Dilip Davda, Chief Executive at Chittorgarh]

Explore the pros and cons of NSDL to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades. 

Pros of NSDL IPO

•   Digitalised solution
•   Tech-driven infrastructure
•   High entry barriers
•   Trusted promoter
•   Customer retention
•   Cost-efficient

Cons of NSDL IPO

•   Legal Disputes
•   Limited Diversification
•   Regulatory Dependence
•    High risk in execution

How to Apply for NSDL IPO?

Check the steps mentioned below to apply for National Securities Depository Ltd.

• Step 1: Conduct thorough research on the National Securities Depository Limited IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for 1 lot of 18 shares worth ₹14,400.
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the NSDL IPO from more than one demat account to increase your allotment chances. 

How to Check NSDL IPO Allotment Status?

You can check for the NSDL IPO allotment in different ways. These include BSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On BSE

• Visit the BSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the NSDL IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your NSDL IPO allotment status.

Let’s Wrap

NSDL IPO is a bookbuilding issue of shares worth ₹4,011.60 crores. The shares of National Securities Depository Limited will be listed on BSE on its tentative listing date of 6th August 2025. Researching the NSDL IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

Also Read : Shanti Gold IPO GMP & Review: Apply or Avoid?

FAQs on NSDL IPO

How is the NSDL IPO?

Ans.Currently, on 29th July 2025, the NSDL IPO GMP (Grey Market Premium) stands at ₹135. It indicates that the estimated listing price could be ₹935 per share. It is a bookbuilding IPO of 5.01 crore shares worth ₹4,011.60 crores. The face value of each share of National Securities Depository Limited is ₹10. 

What is the NSDL IPO price?

Ans. The NSDL IPO price band has been set between ₹760 to ₹800 per share. Retail investors can apply for a minimum of 1 lot consisting of 18 shares worth ₹14,400. Moreover, HNIs are required to bid for a minimum of 14 lots (252 shares) worth ₹2,01,600.

Is the NSDL IPO good?

Ans.  NSDL Limited’s revenue soared by 12% from ₹1,365.71 crores in March 2024  to ₹1,535.19 crores in March 2025. Moreover, the company’s PAT increased by 25% from ₹275.45 crores to ₹343.12 crores.

Who is the registrar of the NSDL IPO?

Ans.  MUFG Intime India Private Limited is the registrar of the NSDL IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding the NSDL allotment and refund, you can contact MUFG Intime India Limited at  nsdl.ipo@linkintime.co.in or +91-22-4918 6270.

What is the issue size of the NSDL IPO? 

Ans. NSDL IPO is a bookbuilding IPO for 5.01 crore shares worth ₹4,011.60 crores. Moreover, the IPO is set to open on 30th July 2025 and will be closed on 1st August 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the NSDL IPO, download the NSDL IPO RHP and NSDL IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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