NSDL IPO:
Overview:-
Founded in
1996, NSDL revolutionized the Indian capital markets by introducing
dematerialized securities. As of 2025, it holds and services over 3 crore
investor accounts and more than 99% of the market value of
dematerialized securities in India.
The IPO is
set to offer a pure offer-for-sale (OFS) of shares by existing
shareholders. The company itself will not receive any proceeds from the issue,
but the listing is aimed at enhancing its corporate profile and providing a
public market for its equity shares.
NSDL IPO
Key Dates (Tentative)
- IPO Open Date: 30/07/2025
- IPO Close Date: 01/08/2025
- Price Band: ₹760 to ₹800 per share
- Minimum Lot Size: ₹14,400
- Listing Date: 04/08/2025
Why
Investors Are Watching the NSDL IPO
- Monopoly Position: NSDL and CDSL are the only two
depositories in India. NSDL leads in terms of market share by value.
- Strong Financials: Consistent revenue growth from
depository services, e-voting, and corporate actions.
- Digital Infrastructure: Plays a crucial role in India’s
digital capital market ecosystem.
- Backed by Institutions: Promoted by marquee
institutions such as IDBI Bank, NSE, and others.
| Metric | FY23 (₹ Cr) | FY24 (₹ Cr) | FY25 (₹ Cr) |
| Revenue | 1,099.81 | 1,365.71 | 1,535.19 |
| EBITDA | 328.6 | 381.13 | 492.94 |
| EBITDA Margin | 22.89% | 20.57% | 23.95% |
| Net Profit (PAT) | 234.81 | 275.45 | 343.12 |
| Net Profit Margin | 21.35% | 20.17% | 22.35% |
| EPS | 11.74 | 13.77 | 17.16 |
| Return on Equity | 16.43% | 16.36% | 17.11% |
Expert
View
Risks to
Watch
- Regulatory risks in the
financial infrastructure sector
- Dependency on capital market
volumes for revenue
- Competitive pressure from CDSL.
Should
You Subscribe?
If you're a
long-term investor looking for stability, low volatility, and exposure to the
backbone of India’s capital markets, the NSDL IPO could be worth considering.
However, as with any IPO, do your due diligence, read the DRHP carefully, and
consult your financial advisor.
Stay
tuned for live updates and analysis as the NSDL IPO opens for subscription.
For complete IPO details, including subscription status, allotment dates, and listing news, bookmark this page or subscribe to our newsletter.
