NSDL IPO Listing Price Prediction: 41x Subscription, GMP At 15%; Allotment On Aug 4
NSDL IPO GMP: NSDL's IPO closed with a 41.02x subscription, raising Rs 4,011.16 crore. The allotment is on August 4, and listing on BSE and NSE on August 6.
NSDL IPO GMP: The initial public offering of National Securities Depository Ltd (NSDL) closed last week on Friday, August 01, with an overall subscription of 41.02 times. The mainboard issue of Rs 4,011.16 crore is purely offer-on-sale (OFS). The company has fixed a price band in the range of Rs 760 to Rs 800 per share.
The issue received bids for 1,44,08,34,768 shares as against the 3,51,27,002 shares on offer.
The retail and NII participation stood at 7.76x and 34.98x, respectively. The QIB category has received a 103.97x subscription.
Investors are now eyeing the allotment of the NSDL IPO on August 04 and eventually the listing on the bourses – BSE and NSE on August 06.
NSDL will be India's second publicly traded depository after Central Depository Services (CDSL), which was listed on the NSE in 2017.
According to market observers, unlisted shares of NSDL are currently trading at Rs 920 against the upper IPO price of Rs 800. It means a grey market premium or GMP of Rs 120, which is 15.00% over its issue price.
The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price.
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August 03, 2025, 10:33 IST
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