NSDL IPO Allotment Status, GMP: Check Listing Details, Subscription Figures, and Market Buzz
NSDL IPO allotment finalized; shares may list at ₹920 with 15% GMP premium. Listing on BSE set for August 6.
NSDL IPO sees 41x oversubscription; listing set for August 6 amid strong GMP buzz.
The National Securities Depository Limited (NSDL) has finalized the allotment for its ₹4,011 crore IPO, and investors can now check their allotment status online. With the stock set to debut on the Bombay Stock Exchange (BSE) on August 6, market watchers are keen to see if it lists at a premium.
NSDL IPO: Subscription and Allotment Highlights
The public offering, held from July 30 to August 1, was entirely an Offer For Sale (OFS) of 5.01 crore equity shares at a fixed price band of ₹800 per share. Investor interest was strong, with the IPO being subscribed over 41 times:
- QIBs: 103x
- HNIs: 35x
- Retail Investors: 8x
Allotment was finalized on August 4, and successful bidders are likely to see shares credited to their demat accounts by August 5. Refunds for non-allottees will also be processed today.
Grey Market Premium (GMP) Update
Ahead of its listing, NSDL shares are trading at a GMP of ₹120, suggesting a potential listing price of ₹920 — about 15% higher than the issue price. However, market experts advise caution as GMPs are unofficial and subject to fluctuations.
Where to Check Allotment Status
Applicants can check the status of their IPO allotment via:
- The BSE website
- The registrar’s portal: MUFG Intime India (formerly Link Intime)
Key Background
NSDL, which has no individual promoter and is run by a professional board, is one of India’s most critical capital market institutions. As of December 2024, it managed 38.77 million active demat accounts and ₹77,814 billion in assets under custody.
The IPO shares were offloaded by major stakeholders including IDBI Bank, NSE, HDFC Bank, SBI, and Union Bank of India.
