Upcoming IPO: NSDL IPO To Open On 30 July, Check Price Band, Lot Size, and More

The much-awaited NSDL IPO is finally set to open on July 30, 2025; the company has filed the RHP (red herring prospectus) on July 23, 2025. 

The IPO, entirely an Offer For Sale (OFS), involves the sale of up to 5.01 crore equity shares by existing shareholders, including IDBI Bank Limited, National Stock Exchange of India Limited (NSE), Union Bank of India, State Bank of India (SBI), HDFC Bank Limited, and Administrator of the Specified Undertaking of the UTI (SUUTI). 

The basis of allotment will be finalised by August 4, 2025, and the tentative listing on BSE is August 6, 2025. 

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Offer Details

• Price Band: The IPO price band is set at ₹760 to ₹800 per share. 
• Listing: The equity shares are proposed to be listed on BSE. 
• Lot Size:
  • For retail investors: 1 lot (18 shares), requiring a minimum investment of ₹13,680. 

• • For Non-Institutional Investors (NIIs)

• • • • sNII (small NII): Minimum application of 14 lots (252 shares), requiring an investment of ₹2,01,600

• • • • bNII (big NII): Minimum application of 70 lots (1,260 shares), requiring an investment of ₹10,08,000.

• Book-running lead manager: ICICI Securities Limited, Axis Capital Limited, HSBC Securities and Capital Markets (India) Private Limited, IDBI Capital Markets & Securities Limited, Motilal Oswal Investment Advisors Limited, SBI Capital Markets Limited. 
• Registrar: MUFG Intime India Private Limited
• Use of Proceeds: As the proposed issue is purely an OFS, the company will not receive any proceeds and will directly go to the selling shareholders. 

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About the company

NSDL is an SEBI-registered Market Infrastructure Institution (MII) that offers a comprehensive range of products and services catering to India’s financial and securities markets. NSDL is the largest depository in India (in terms of the number of issuers, market share in demat settlement volumes, active instruments, and the total value of assets held under custody, according to a CRISIL report), as of March 31, 2025. 

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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