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IPO Analysis > nsdl-ipo-mainboard

Explore the NSDL IPO news

NSDL, one of the largest depositories globally, is gearing up for an IPO. Given that  

2024 witnessed a 33% surge in demat account additions with over 39 million investor accounts and more than ₹475 crores worth of securities in custody, here is everything you must know about the NSDL IPO online.

The lead managers of the NSDL upcoming IPO are Axis Capital Limited, IDBI Capital Markets & Securities Limited, SBI Capital Markets Limited, ICICI Securities Limited, HSBC Securities and Capital Markets (India) Private Limited and Motilal Oswal Investment Advisors Limited. The RTA (registrar) is Link Intime India Private Limited.

For detailed information, please refer to the DRHP.

Note: For 50% of the shares, the anchor lock-in period expires 30 days following the actual allocation, and for the remaining part, it ends 90 days later.

NSDL IPO news: Company Profile

NSDL is among the largest depositors globally. The profile of the company includes the following milestones.


Particulars

Description

Incorporated in

August 1996

Function

Holding securities in dematerialised form (depository)

Investor accounts

3,97,52,538 as of 30 April 2025

Valuation of total deposits in custody

₹475.61 as of 30 April 2025

DP service centres

65,863

Average number of accounts opened per day

5,642 since 1996

Competitor

CDSL


Exploring NSDL IPO details

The NSDL IPO price is anticipated to be live soon. The main points of the impending IPO are thoroughly covered in this section.

The company has not yet specified the NSDL IPO launch date.


Particulars

Description

Offer opening date

Not disclosed yet

Offer closing date

Not disclosed yet

Anticipated Anchor investor bidding date

One day before the offer opening date

Expected listing

Within six business days following the IPO close

Listed at

BSE

 The size of the NSDL IPO details are discussed in this section.


Particulars

Number of equity shares

Aggregate Value (₹)

Fresh issue

None

None

Offer for sale

Up to 57,260,001

3421.6 Cr

Overall issue

Up to 57,260,001

3421.6 Cr


The breakdown of the offer for sale is given below.


Shareholder

Number of equity shares (Up to)

IDBI Bank Ltd.

22,220,000

National Stock Exchange of India Ltd.

18,000,001

Union Bank of India

5,625,000

State Bank of India

4,000,000

HDFC Bank Ltd

4,000,000

Unit Bank of India (Administrator)

3,415,000

The following is the plan for using the net funds from the NSDL IPO.


The proceeds of the offer will go to the shareholders selling their shares and not to NSDL.

A few other key takeaways from the NSDL IPO are discussed below.


Particulars

Description

Face value of each share

₹ 2

Price Range

Undisclosed

Lot size

Undisclosed 


Certain parameters differ among different categories of investors.


Parameters

Employees

QIB

NII

RII

Percentage of the offer available for allotment

Undisclosed

Not over 50% of the net offer.

At least 15% of the net offer (or offer left after allocation to QIBs and RIIs)

At least 35% of the offer (or offer left after allocation to QIBs and NIIs)

Minimum bid (must exceed)

Undisclosed

₹ 0.20 million

₹ 0.20 million

Undisclosed

Maximum bid (should not exceed)

₹ 0.50 million 

-

-

₹ 0.20 million


Shares are credited to your demat account. If you don't already have one, go here to view a range of brokers and create a demat account now.

Key Financials

The financial statements show the following key details.


Parameters

Year ended 31 March 2024 (₹ lakhs)

Year ended 31 March 2023 (₹ lakhs)

Revenue from operations

1,26,824.37

1,02,198.76

Other income

9,746.15

7,782.71

Profit after tax

27,544.43

23,480.98

EPS for continued and discontinued

Basic (in ₹)

Diluted (in ₹)

13.77

11.74

Operating cashflow

11, 288.28

32,700.36


The ratios related to the company are discussed below.


Parameters

31 March 2024

31 March 2023

Current ratio

1.00

1.25

Debt-equity ratio

NA

NA

ROE (%)

18.6%

17.9%

ROCE (%)

21.7%

21.4%

Net Profit (%)

54.6%

51.5%


The PE ratio is discussed here.


Parameters


PE basic or diluted

Undisclosed

Industry PE (CDSL)

45.13


To view a carefully chosen list of brokers and start your demat account right now, click here.

Strengths and risks

The strengths and risks associated are discussed here.


Strengths



Risks


Should you invest in the NSDL IPO?

The NSDL IPO is set to launch soon according to the NSDL IPO news. Understanding the financial statements and IPO details can aid informed decision-making. Click here to apply for the IPO now!