National Securities Depository Limited
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IPO Timeline
Issue open date
30 Jul 2025Issue close date
1 Aug 2025UPI mandate deadline
1 Aug 2025Allotment finalization
4 Aug 2025Refund initiation
5 Aug 2025Share credit
5 Aug 2025Listing date
6 Aug 2025Mandate end date
18 Aug 2025Lock-in end date for anchor investors (50%)
1 Sep 2025Lock-in end date for anchor investors (remaining)
2 Nov 2025Key Dates
Open
30 Jul 2025Close
1 Aug 2025Listing
6 Aug 2025Quick Stats
Issue Size:4011cr
Lot Size:18 shares
About the Company
National Securities Depository Limited (NSDL) is a SEBI-registered market infrastructure institution (MII) offering a wide range of products and services to the financial and securities markets in India. It pioneered the dematerialisation of securities, and is the largest depository in terms of the number of issuers, number of active instruments, market share in demat value of settlement volume, and value of assets held under custody. Read more.
Strengths
- India’s first and leading technology-driven depository.
- Strong emphasis on technology-led product innovation.
- Robust IT infrastructure with advanced risk management and cybersecurity.
- Stable revenue base with high recurring income component.
- Wide range of asset classes held in demat accounts.
- Well-diversified business verticals.
Risks
- Dependence on transaction-based revenue sensitive to market trading volumes.
- Vulnerability to IT system disruptions or cybersecurity breaches.
- Reliance on depository participants for business operations and growth.
- Subsidiary NDML subject to multiple regulatory compliance risks.
- Past SEBI observations and risk of future regulatory warnings or deficiencies.
- Pending legal proceedings involving the Company, its Directors, and Subsidiaries.
National Securities Depository Limited IPO – Frequently Asked Questions
- The price band for the National Securities Depository Limited IPO is set at ₹760 to ₹800 per share.
- The National Securities Depository Limited IPO opens on July 30, 2025 and closes on August 1, 2025.
- The tentative listing date for the National Securities Depository Limited IPO is August 6, 2025.
- You can apply for the National Securities Depository Limited IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose National Securities Depository Limited, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the National Securities Depository Limited IPO is 18 shares. Investors must apply for at least one lot (i.e., 18 shares).