NSDL is all ready to enter the pipeline of its Initial Public Offering (IPO) in the year 2025, which will be one of the most anticipated IPOs in the year.

NSDL IPO Date and Important Schedule

The NSDL IPO (based on the latest information) has been approved by SEBI ( Securities and Exchange Board of India), and the IPO is about to be issued in August- September 2025. The last dates will be changed as soon as the company announces its Red Herring Prospectus (RHP).

NSDL IPO Price Band & Lot Size

The official price band for NSDL’s IPO has not yet been disclosed, but according to reports:

• Expected Price Band: ₹350 – ₹400 per share
  
• Lot Size: Likely to be 35-40 shares per lot
  
• Minimum Investment: Around ₹14,000 – ₹16,000 (Expected)
  

Exact price and lot size will be confirmed in the official IPO release.

NSDL IPO Issue Size

The total issue size of the NSDL IPO is expected to be around ₹4,500 crore. It will be an Offer For Sale (OFS), meaning existing shareholders will sell part of their stake. There is no fresh issue of shares, so the company will not receive any direct capital from the IPO.

Major selling shareholders include:

• IDBI Bank
• National Stock Exchange (NSE)
• Union Bank of India
• SBI Capital Markets
• HDFC Bank

NSDL’s Business and Strengths

1. Market Leader

NSDL is one of the top two depositories in India (the other is CDSL). It holds over 90% of the value of all securities held in demat form in India.

2. Trusted by Millions

NSDL services over 3 crore demat accounts and works with over 270 depository participants (DPs).

3. Strong Revenue Model

NSDL earns revenue through:

• Demat account maintenance fees
• Transaction charges
• Data services and value-added products
  
  

4. Tech-Savvy Platform

NSDL’s platform is secure, fast, and integrated with banks, brokers, and regulators, making it a backbone of India’s capital markets.

NSDL Financials at a Glance

NSDL shows stable financial growth, high profit margins, and low debt—making it a financially sound company.

Grey Market Premium (GMP)

As per early reports from the Grey Market, the NSDL IPO GMP is around ₹60 to ₹70. This means the shares are expected to list at a 10–15% premium over the issue price.

Please note: GMP keeps changing depending on demand and market conditions.

NSDL IPO Review: Should You Apply?

Positives:

• Trusted brand in Indian stock markets
• Monopoly-like business model
• Strong financials with consistent growth
• Plays a key role in digital securities ecosystem
• SEBI regulated and transparent operations
  
  

Risks:

• Limited growth potential as the market saturates
• Heavy competition from CDSL
• Regulatory changes may affect revenue
  
  

Investor View: If you’re a long-term investor, this IPO could be a solid and low-risk addition to your portfolio due to its stable cash flow and essential market role.

Final Thoughts

The NSDL IPO in 2025 is not just another IPO—it’s an entry into a foundational pillar of India's capital market. Backed by strong financials, a solid business model, and high trust among investors, NSDL’s public offering has already caught the attention of retail and institutional investors.

If you're looking for a long-term, low-risk investment opportunity, then NSDL IPO could be worth your attention. Just make sure to check the official price band and RHP when it’s released.

Stay with us for more.

FAQs About NSDL IPO

Q1. Is this the first IPO by NSDL?

Yes, this is NSDL’s first-ever IPO since its launch in 1996.

Q2. Can I apply via UPI?

Yes, you can apply for the NSDL IPO via UPI-enabled apps or through your demat-enabled trading account.

Q3. Will NSDL’s IPO be oversubscribed?

Most likely yes. It is one of the most awaited IPOs, and demand is expected to be very high.

Q4. Will the shares be listed on both NSE and BSE?

Yes, NSDL shares will be listed on both NSE and BSE exchanges.