The IPO of the National Securities Depository (NSDL) has opened today i.e. on 30 July. As soon as it opens, this IPO has seen a strong response from investors. By 12 noon on the first day, it was 0.37 times subscribed. Its total booking in the retail category has been up to 47 percent, while a total of 64 percent has been subscribed in the NII category. It also has good speed in GMP, which is indicating profit to investors.
The total size of the IPO of NSDL is Rs 4,011.60 crore, under which 5.01 crore shares will be sold through Or. OFS means that the promoters are selling some of their shares, which will not go to the company’s account, but the promoters will make profit by selling it. IDBI Bank is selling 2,22,20,000 shares and National Stock Exchange of India 1,80,00,001 shares.
NSDL’s IPO has been opened today for Rs 14,400 and it can be subscribed by 1 August. Its shares can be allocated on 4 August. Its shares on BSE are to be listed on 6 August 2025. The price band of the IPO is ₹ 760 to ₹ 800 per share. A total of 18 shares are placed in 1 lot of its 1 lot, according to the upper price band, the retail investor will have to invest at least ₹ 14,400 for a lot.
Employees will get shares at discounts. Investors with high net worth will have to invest for at least 14 lots in this IPO, that is, they will have to invest ₹ 2,01,600. At the same time, qualified institutions will have to buy at least 70 lots of this IPO, for which they will have to invest at least ₹ 10,08,000. 85,000 shares have been reserved for employees, which will be given to them at a discount of ₹ 76.
GMP has tremendous bounce! NSDL’s IPO is seeing good demand in the gray market. The gray market premium is a sign. On July 30, its previous gray market premium (GMP) was ₹ 126, which shows a price of 15.75% from the price band. This means that NSDL shares can be listed at ₹ 926 on BSE.
