national securities depository limited IPO
IPO Overview
National securities depository limited IPO is a Mainboard public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹800 per share, and retail investors can apply with a minimum investment of ₹14.4K as per IPO guidelines.
The National securities depository limited IPO opens on 30 Jul 2025 and closes on 1 Aug 2025. The IPO allotment is expected to be finalized on 4 Aug 2025, and the equity shares are proposed to be listed on BSE, NSE on 6 Aug 2025.
Investors can refer to the National securities depository limited IPO RHP-DRHP for detailed information. The issue is managed by ICICI Securities Limited,Axis Capital Limited,Hsbc Securities,Capital Markets Pvt Ltd,Idbi Capital Market Services Limited,Motilal Oswal Investment Advisors Limited,SBI Capital Markets Limited as the book running lead manager, while MUFG Intime India Private Limited (Link Intime) is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
Core Activities:
Acts as a securities depository in India.
Maintains electronic records of allotment and ownership transfer of securities.
Provides depository services including dematerialization, trade settlement, off-market transfers, pledging of securities, and corporate actions.
Provides asset servicing for securities held in dematerialized form.
Offers additional services such as e-voting, consolidated account statements (CAS), and non-disposal undertakings (NDU).
Subsidiaries:
NSDL Database Management Limited (NDML): Offers services across e-governance, regulatory platforms, KYC, insurance repository, and collaborative industry platforms. Handles SEZ automation and the National Skills Registry.
NSDL Payments Bank Limited (NPBL): Operates a business-to-business payments bank. Provides digital banking, domestic remittances, savings accounts, AePS, micro-ATMs, prepaid cards, UPI, POS, and third-party product distribution (insurance and mutual funds).
Key Figures (as of March 31, 2025):
Active demat accounts: 39.45 million
Registered depository participants: 294
Registered issuers: 33,758
Account holders located in over 99% of Indian PIN codes and in 186 countries
Competitive Strengths:
India’s first and leading depository, operating a wide range of technology-driven businesses.
Strong focus on technology-led product innovation.
Robust IT infrastructure, risk management frameworks and cyber-security measures focused on ensuring the safety and integrity of the depository system.
Stable revenue base with a significant proportion of recurring revenue.
Large Variety of Asset Classes held in Demat Accounts and Well-diversified Business Verticals.
Experienced senior management team.