{"id":567,"date":"2025-07-31T22:21:31","date_gmt":"2025-07-31T22:21:31","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/07\/31\/nsdl-ipo-gmp-rises-issue-subscribed-5-04x-on-day-2-should-you-apply-check-details-ipo-news\/"},"modified":"2025-07-31T22:21:31","modified_gmt":"2025-07-31T22:21:31","slug":"nsdl-ipo-gmp-rises-issue-subscribed-5-04x-on-day-2-should-you-apply-check-details-ipo-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/07\/31\/nsdl-ipo-gmp-rises-issue-subscribed-5-04x-on-day-2-should-you-apply-check-details-ipo-news\/","title":{"rendered":"NSDL IPO GMP Rises: Issue Subscribed 5.04x On Day 2; Should You Apply? Check Details | Ipo News"},"content":{"rendered":"


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NSDL IPO GMP Today: Its grey market premium currently stands at 16.88% as against 15.75% recorded earlier, indicating decent listing gains for investors.<\/h2>\n
\"NSDL<\/p>\n

NSDL IPO Day 2.<\/p>\n<\/figure>\n

NSDL IPO GMP Today:<\/strong> The initial public offering of National Securities Depository Ltd (NSDL) witnessed its second day of bidding today, Thursday, July 31. The IPO will be closed tomorrow, August 1. The mainboard issue of Rs 4,011.16 crore is purely offer-on-sale (OFS). The company has fixed a price band in the range of Rs 760 to Rs 800 per share.<\/p>\n

On the second day of bidding on Thursday, the issue received a 5.04 times subscription, garnering bids for 17,68,74,786 shares as against the 3,51,27,002 shares on offer. The retail and NII participation stood at 4.19x and 11.08x, respectively. The QIB category has received a 1.96x subscription.<\/p>\n

The IPO\u2019s grey market premium currently stands at 16.88% as against 15.75% recorded earlier, indicating decent listing gains for investors.<\/p>\n

NSDL will be India\u2019s second publicly traded depository after Central Depository Services (CDSL), which was listed on the NSE in 2017.<\/p>\n

NSDL IPO Allotment And Listing Date<\/strong><\/p>\n

The IPO will remain open for public subscription between July 30 and August 1. Its basis of allotment will be finalised on August 4, while its listing is scheduled to take place on August 6, 2025.<\/p>\n

NSDL IPO Price & Lot Size<\/strong><\/p>\n

The price band of the mainboard IPO, which plans to raise Rs 4,011.60 crore, has been fixed in the range of Rs 760 to Rs 800 apiece.<\/p>\n

For investors, the minimum lot size for the IPO is 18. It means investors will have to apply for a minimum of 18 shares or in multiple thereof. So, retail investors require a minimum capital of Rs 13,680 to apply for the IPO.<\/p>\n

NSDL IPO GMP Today<\/strong><\/p>\n

According to market observers, unlisted shares of NSDL are currently trading at Rs 935 against the upper IPO price of Rs 800. It means a grey market premium or GMP of Rs 135, which is 16.88% over its issue price.<\/p>\n

The GMP is based on market sentiments and keeps changing. \u2018Grey market premium\u2019 indicates investors\u2019 readiness to pay more than the issue price.<\/p>\n

NSDL IPO Quota<\/strong><\/p>\n

NSDL said half of the IPO has been reserved for qualified institutional buyers, 35 per cent for retail investors and the remaining 15 per cent for non-institutional.<\/p>\n

NSDL IPO: More Info<\/strong><\/p>\n

The IPO only consists of an offer for sale (OFS) component of 5.01 crore shares and those selling shares under this are \u2014 the National Stock Exchange of India (NSE), State Bank of India (SBI), HDFC Bank, IDBI Bank, Union Bank of India and the Adminstrator of Specified Undertaking of the Unit Trust of India (SUUTI). Since the public issue is entirely an OFS, NSDL will not receive any proceeds from the IPO.<\/p>\n

The listing of NSDL is crucial in order to comply with Sebi\u2019s ownership norms. These regulations require that no entity can hold more than 15 per cent of the shareholding in a depository company.<\/p>\n

NSDL\u2019s principal shareholders, IDBI Bank and the NSE, are required to reduce their stake in the company to comply with Sebi\u2019s rule. Currently, IDBI holds 26.10 per cent and NSE owns 24 per cent stake in NSDL, which exceeds the permissible limit.<\/p>\n

NSDL IPO: Should You Invest?<\/strong><\/p>\n

Angel One, in its note, advised investors with a long-term perspective to subscribe to the NSDL IPO. The brokerage firm expects robust growth in India\u2019s securities depository sector, driven by deepening capital markets, advancing financial inclusion, and supportive policy reforms.<\/p>\n

However, it also flagged certain risks, including regulatory pressure on transaction pricing, stiff competition from CDSL in the retail segment, and the company\u2019s revenue dependence on overall market activity.<\/p>\n

Brokerage firm Anand Rathi has given a \u201cSubscribe” recommendation on the NSDL IPO, considering the issue fairly priced. At the upper end of the price band, the IPO values NSDL at 46.6 times its estimated FY25 earnings and implies a market capitalisation of around Rs 16,000 crore.<\/p>\n

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Mohammad Haris<\/a><\/p>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Stay updated with all the latest business news, including\u00a0market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates\u2014only on News18. Also\u00a0Download the\u00a0News18 App<\/a>\u00a0to stay updated!<\/span><\/div>\n

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