Nsdl iPo: About eight years after the listing of Central Depository Services Limited (CDSL) shares, now the listing of National Securities Depository Limited (NSDL) is also being prepared. According to the Red Herring Prospectus admitted to the market regulator SEBI, its IPO will open on July 30 and will open on 1 August. At the same time, this issue will be opened for anchor investors on 29 July. This issue is completely offered for sale and under it six investors, including IDBI Bank, NSE, SBI and HDFC Bank, will sell 5,01,45,001 shares. CDSL shares entered the NSE on June 30, 2017. NSDL shares will enter BSE. The IPO of NSDL is coming at a valuation of about 16 thousand crores.
NSDL IPO: How many shares will IDBI Bank, SBI and NSE?
Under IDBI Bank IPO, 2,22,20,000 shares, SBI 40 lakh, NSE 1,80,00,001 shares, Union Bank of India 5 lakh shares, HDFC Bank 20,10,000 shares and Administrator 34.15 lakh shares of SUUTI (Specialized Undertaking of Unit Trust of India). In this, the administrator of IDBI Bank, SBI and Suuti received shares on an average weightage cost of ₹ 2 while NSE is at a price of ₹ 12.28, UBI ₹ 5.20 and HDFC Bank is at a price of ₹ 108.29. At present, IDBI Bank has 26.01% in NSDL and SBI has 24% stake. According to SEBI rules, if a single entity shares in a market infrastructure may not exceed 15%, then IDBI will help the bank and NSE to follow SEBI rules through IPO.
NSDL is the oldest and largest depository in the country
NSDL is the largest depository in the country according to the number of issues and active instruments up to 31 March 2024 as well as the value of settlement volume market shares and assets under custody of settlement volume of demat value. SEBI has approved the list to the country’s oldest depository by 14 August 2025. NSDL first filed an IPO draft near SEBI in July 2023, after which the issue size was reduced from 5.72 crore shares to 5.01 crore in May 2025.
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