National Securities Depository Limited IPO

Incorporated in 2012, National Securities Depository Limited (NSDL) is SEBI-registered Market Infrastructure Institution (MII).

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.

Achieve the benefits of listing the Equity Shares on BSE