NSDL IPO GMP, Open Date, Price Band, Issue Size Rs 3000 Crore

NSDL IPO GMP quotation is around Rs 254 per share. The lower and upper price band is expected to be around Rs 750 to Rs 755 per share. The grey market premium quotation indicates huge interest of retail investors. After the release of the IPO issue date the reliable GMP quote will be available.

NSDL IPO open date is expected to be between November 4 to Rs November 8, which is in the first week of November 2024. This new IPO is a book-built issue of Rs 3000 crores. This upcoming IPO is likely to be an offer for sale of 5,72,60,001 equity shares and the full amount will go to the selling shareholders. Fresh issue component is zero.

Also Read | NSDL IPO DRHP: National Securities Depository Limited Filed DRHP with SEBI

NSDL IPO GMP

NSDL IPO GMP quotation is around Rs 254 per share. You can check the latest GMP price online and reliable GMP from the first day of subscription. If the subscription got oversubscribed then NSDL IPO GMP might rise in the coming days.

NSDL IPO Open Date, Close Date

NSDL IPO open date and close date is expected to be near to 4 November to 8 November 2024. It is expected in the first week of November 2024. However, as of now the open and close date is not yet finalised.

NSDL IPO Price Band

NSDL IPO price band is expected to be above Rs 750 to Rs 755 per share. However, the final price band is not yet released. The minimum amount of investment for the retail category is to be around Rs 14,850 and for small NII minimum investment is to be around Rs 2,01,000. The minimum investment for the Big NII is to be around Rs 10,01,000.

NSDL IPO Issue Size

NSDL IPO issue size is of Rs 3000 crore. The OFS consists of 5,72,60,001 equity shares and the full amount will go to the selling shareholders. This IPO fresh issue component will be zero.

NSDL IPO Allotment Status

NSDL IPO allotment status is expected to be finalised in the second week of November 2024. The listing will be on the BSE and NSE platforms in the second week of November. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

NSDL IPO Listing Date

NSDL IPO's listing date is expected to be in the second week of November 2024. The Listing will be on BSE. Retail investors can sell the shares after 10 AM on the listing day.

NSDL IPO: Listing Date, Lot Size, Price Band

NSDL IPO  Limited: About the Company

NSDL is India's flagship market infrastructure institution registered with the regulator SEBI. The Depositories Act of 1996 made NSDL the pioneer in bringing a radical change to India's securities market through the introduction of dematerialization of securities. This revolution took place in Nov 1996 and holds immense historic importance in the Indian financial scenario.

NSDL is one of the most effectively operating depositories, providing a comprehensive framework for the usage of India's financial and securities markets. The institution plays a central role in developing innovative products and services required to meet the rapidly changing needs of the financial services industry in the country.

The safety and soundness of the Indian security market shall be the key objective of NSDL. Therefore, in the development of settlement solutions, it focuses on being efficient, minimising risk, and reducing costs throughout the spectrum of stakeholders.

NSDL IPO Objectives

NSDL IPO's objective is to carry out the offer for sale of the 5,72,60,001 equity shares. Also, to achieve the listing benefits on stock exchanges. The company expects that this IPO will increase the brand image and visibility in India.

NSDL IPO: Key Dates, Allotment, Listing Date

NSDL IPO Subscription Details, IPO Reservation

NSDL IPO subscription details will be available after the IPO opens in the first week of November 2024. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.

NSDL IPO Lot Size Details

NSDL IPO IPO lot size is set at 19 shares per lot. For retail, the minimum lot size is 1 lot, amounting to be around Rs 14,850, and the maximum is 13 lots, amounting to be around Rs 1,90,000. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,01,000.

NSDL IPO Promoter Holdings

NSDL IPO promoters are IDBI Bank and NSE. The promoters' shareholdings before the IPO were x%; however, after the IPO, shareholdings will decline.

NSDL IPO Registrar 

NSDL IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

NSDL IPO Lead Managers

NSDL IPO lead managers are ICICI Securities, Axis Capital,  HSBC, IDBI Capital, Motilal Oswal Investment Advisory Limited and SBI Capital Markets Limited.

How to apply to NSDL IPO

Interested investors can apply to the NSDL IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

NSDL IPO Review

NSDL IPO may get a positive response from the general public. The company is involved in the depository business. So, investors interested in the fintech sector can apply to this IPO. This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then NSDL IPO GMP will also rise.

NSDL IPO FAQ 

1. What are the details of the NSDL IPO?

NSDL IPO is a book-built issue of Rs 3000 crores. This upcoming IPO is likely to be an offer for sale of 5,72,60,001 equity shares and the full amount will go to the selling shareholders. Fresh issue will be zero.

2. When will the NSDL IPO open and close?

NSDL IPO open date and close date is expected to be near to 4 November to 8 November 2024. It is expected in the first week of November 2024. However, as of now the open and close date is not yet finalised.

3. What is NSDL IPO GMP?

NSDL IPO GMP quotation is around Rs 254 per share. You can check the latest GMP price online and reliable GMP from the first day of subscription. If the subscription got oversubscribed then NSDL IPO GMP might rise in the coming days.

4. What are the details of NSDL IPO reservation?

NSDL IPO subscription details will be available after the IPO opens in the first week of November 2024. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.

5. Write the details of the IPO Allotment Status?

NSDL IPO allotment status is expected to be finalised in the second week of November 2024. The listing will be on the BSE platform in the second week of November. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends..

6. Who is the registrar and lead managers for NSDL IPO?

NSDL IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are ICICI Securities, Axis Capital,  HSBC, IDBI Capital, Motilal Oswal Investment Advisory Limited and SBI Capital Markets Limited.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners