NSDL IPO 2025: Rs 3,000 Crore IPO in Focus, Here to Know Date, Price, Allotment, GMP
Sebi's 15% cap on single-entity ownership in market infrastructure institutions will be followed by the launch of the NSDL IPO. However, the rule had a five-year compliance window, which ended in October 2023.
NSDL IPO 2025: Rs 3,000 Crore IPO in Focus, Here to Know Date, Price, Allotment, GMP
The securities depositor company, NSDL, is planning to launch the most anticipated IPO of March 2025, with a size of approximately Rs 3,000 crore. The IPO is eagerly anticipated to be launched in late March 2025, and NSDL will be listed on the stock exchange BSE. NSE is the largest shareholder of NSDL.
According to reports, the NSDL IPO could potentially open on March 25. This is because an NSDL official disclosed last month that they are seeking the necessary approval as early as the following month, which is March.
Sebi's 15% cap on single-entity ownership in market infrastructure institutions will be followed by the launch of the NSDL IPO. However, the rule had a five-year compliance window, which ended in October 2023.
NSDL first filed its IPO draft in July 2023, and due to Sebi's suspension of the ownership rule between August and December of that year, the IPO was delayed. NSDL received its approval in September 2024. That being said, Sebi's approval is valid for one year, ending in September 2025.
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The Securities and Exchange Board of India (SEBI) has a 12-month approval window that will end in September 2025. the regulator’s approval for Market Infrastructure Institutions (MII) has prompted the National Securities Depository Limited (NSDL) to expedite the process.
According to the draft prospectus, the initial public offering (IPO) will consist solely of an offer for sale (OFS) of up to 57,260,001 equity shares. The selling shareholders include IDBI Bank, the National Stock Exchange (NSE), and Union Bank of India. The face value of each equity share in the IPO is Rs 2.
Of the total shares offered, 50% is expected to be allocated to qualified institutional buyers (QIBs), while 15% will be allotted to non-institutional investors (NIIs). The remaining 35% will be reserved for retail individual investors.
The specific price bands or discounts for the IPO will be announced at a later date. Although the exact IPO allotment date is not yet known, it is tentatively expected to occur in April 2025.
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