NSDL Plans IPO Launch In July, $400 Million Issue To Mark First Listing By An Indian Depository

Mumbai: National Securities Depository Limited (NSDL) may launch its IPO in July this year. People familiar with the company’s plan said the issue is expected to be worth USD 400 million (approximately Rs 3,421.6 crore). NSDL is preparing to become the first depository to get listed in India. The company had filed for an IPO last year. SEBI approved the IPO application in October 2024. Now, reports say the issue may open next month in July.

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