NSDL IPO: A Landmark Event in Financial Infrastructure

The initial public offering (IPO) of National Securities Depository Ltd (NSDL) is scheduled to open for public subscription on July 30, marking a significant milestone in the financial infrastructure sector. With an extension granted by Sebi, the IPO aims to complete its listing by August 14.

Offer Details and Shareholder Participation

This IPO represents a pure offer for sale (OFS) of up to 5.01 crore equity shares by existing shareholders, including prominent names like IDBI Bank, National Stock Exchange (NSE), and HDFC Bank. The issue, delayed due to valuation discussions, is expected to raise up to Rs 4,000 crore, with the company's valuation pegged at around Rs 16,000 crore.

Subscription Window and Financial Highlights

The subscription window will be open from July 30 to August 1, with the anchor book opening on July 29. Despite the delay, NSDL's financial performance remains robust, with a 29.82% year-on-year jump in consolidated net profit to Rs 85.8 crore for the third quarter of FY25.

Why This IPO Matters

NSDL's IPO is one of the most significant public offerings in the financial infrastructure space this year, attracting keen interest from investors amid evolving primary market conditions.