The Initial Public Offering (IPO) of National Securities Depository Ltd. (NSDL) has been fully subscribed in just over three hours of the first day of bidding.The subscription was led by non-institutional investors and retail, both of whose portions saw full subscription within the first few hours. The portion reserved for NSDL’s employees has also been fully subscribed.
Institutional Investors have also been placing bids in the issue, and the portion reserved for them has been subscribed 50% in comparison to the shares on offer.
Non-Institutional Investors have placed bids for 1.04 crore shares so far, in comparison to the 75 lakh shares reserved for them, while retail investor bids have stood at 1.96 crore shares, higher than the 1.75 crore shares on offer for them.NSDL intends to raise ₹4,011 crore through its IPO, which will close on Friday, August 1. The fully Offer for Sale (OFS) issue is priced between ₹760 to ₹800 per share. The full OFS means that NSDL will not receive any proceeds from the share sale.
Institutional Investors have also been placing bids in the issue, and the portion reserved for them has been subscribed 50% in comparison to the shares on offer.
Non-Institutional Investors have placed bids for 1.04 crore shares so far, in comparison to the 75 lakh shares reserved for them, while retail investor bids have stood at 1.96 crore shares, higher than the 1.75 crore shares on offer for them.NSDL intends to raise ₹4,011 crore through its IPO, which will close on Friday, August 1. The fully Offer for Sale (OFS) issue is priced between ₹760 to ₹800 per share. The full OFS means that NSDL will not receive any proceeds from the share sale.
However, existing investors like IDBI Bank, NSE, SBI, HDFC Bank and Union Bank, would be paring some stake and the gains on their initial investment, are up to 400x.
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First Published: Jul 30, 2025 1:14 PM IS
