National Securities Depository Limited (NSDL), established in 2012, operates as a SEBI-approved Market Infrastructure Institution (MII), playing a pivotal role in India’s financial ecosystem. As a central securities depository, it safeguards electronic records of security allotments and facilitates seamless ownership transfers. Its comprehensive suite of services encompasses dematerialization, trade settlements, off-market transactions, securities pledging, and corporate action processing, along with dedicated asset servicing for dematerialized holdings. Beyond core operations, NSDL enhances investor convenience through e-voting facilities, consolidated account statements (CAS), and non-disposal undertakings (NDU).

The upcoming NSDL IPO is set to launch on July 30, 2025, with subscriptions closing on August 1, 2025. This public offering aims to mobilize approximately ₹4,011.60 crores, structured as a fresh issue combined with an offer for sale of 5,01,45,001 equity shares (nominal value: ₹2 per share). Priced between ₹760 and ₹800 per share, the IPO allocates 35% of shares to retail investors, 50% to QIBs, and 15% to HNIs. Allotments will be finalized by August 4, 2025, preceding the stock’s listing on BSE and NSE scheduled for August 6, 2025.

Financially, NSDL has demonstrated robust growth, with FY2025 revenue climbing to ₹1,535.19 crores (from ₹1,365.71 crores in FY2024) and profits surging to ₹343.12 crores (against ₹275.45 crores in the previous year), highlighting the company’s solid market standing and streamlined operations.

NSDL IPO Details

IPO Date	July 30, 2025 to August 1, 2025
Listing Date	[.]
Face Value	₹2 per share
Issue Price Band	₹760 to ₹800 per share
Lot Size	18 Shares
Sale Type	Offer For Sale
Total Issue Size	Approx ₹4,011.60 Crores
Issue Type	Book building IPO
Listing At	BSE
Share Holding Pre Issue	20,00,00,000 shares
Share Holding Post Issue	20,00,00,000 shares

NSDL IPO Dates

NSDL’s IPO will be open for subscription between July 30 and August 1, 2025.

IPO Open Date	Wed, Jul 30, 2025
IPO Close Date	Fri, Aug 1, 2025
Tentative Allotment	Mon, Aug 4, 2025
Refunds	Tue, Aug 5, 2025
Credit of Shares to Demat	Tue, Aug 5, 2025
IPO Listing Date	Wed, Aug 6, 2025
UPI Mandate Confirmation Deadline	5 PM on August 1, 2025

NSDL IPO Market Lot

The minimum investment for NSDL’s IPO is set at 18 shares (1 lot) worth ₹14,400. Retail investors can bid for up to 13 lots (234 shares) totaling ₹1,87,200.

Application	Lot Size	Shares	Amount
Retail Minimum	1	18	₹14,400
Retail Maximum	13	234	₹1,87,200
S-HNI Minimum	14	252	₹2,01,600
B-HNI Minimum	70	1,260	₹10,08,000

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NSDL IPO Highlights: Opening Date, Price Band & Allotment Status