The National Securities Depository Limited (NSDL) made a tremendous start on BSE on 6 August. The company’s shares were listed at Rs 880 against the Rs 800 issue price. That is, on the very first day of the listing, investors got a profit of about 10%, which is a premium of Rs 80 per share.
Even after this, the company’s stocks were seen trading at Rs 911 with a gain of 3.57% at around 11 am in early trade. In this way, investors who had received allotment in IPOs got to see great returns on the first day.
IPO gets tremendous response
This NSDL’s IPO of Rs 4,012 crore was completely offer for sale (offs). This issue received a great response from investors and overall it was more than 41 times subscribed. Especially qualified Institutional Buyers (QIBS) subscribed to it 103.97 times, while non-institutional investors (NII) gave 34.98 times and retail investors gave 7.76 times. Prior to July 29 before the IPO, Rs 1,201 crore was raised from anchor investors, which suggests that the trust of institutional investors in the company is strong.
Financial performance was also strong
As of March 2025, NSDL had 3.94 crore active demat accounts and is working with 294 depository partners. In FY25, the company earned a revenue of Rs 1,535 crore, which was 12% higher than last year. At the same time, the profit increased by 25% to Rs 343 crore after the tax.
What does NSDL do?
NSDL was established in 2012 and is a market infrastructure institution (MII) registered by SEBI. It is a major and important company in the Demat sector of India. NSDL gives facilities like demat account operations, disposal of shares, corporate action, e-voting, consolidated account details and mortgage services. Along with this, NSDL Database Management Limited and NSDL Payments Banks are two of its subsidiary companies.
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