NSDL Share Price Surges 35% in Two Days Post IPO; Crosses ₹1,000 Mark on BSE
- 7th August 2025
- 04:00:00 PM
- 3 min read
Mumbai | August 7, 2025 — Shares of National Securities Depository Limited (NSDL) rose sharply on Thursday, extending gains from their stock market debut and crossing the ₹1,000 mark for the first time. The stock has now delivered a gain of over 35% in just two trading sessions since its initial public offering (IPO).
On Thursday, NSDL opened at ₹934.95 on the BSE, slightly below Wednesday’s close of ₹936. However, the stock rallied despite weak broader market conditions, hitting an intraday high of ₹1,087.90, up 16% from the opening price. As of 1:30 PM, buy orders stood at 16 lakh shares, while sell orders were at 12.5 lakh, indicating strong investor interest.
Strong Listing Performance
NSDL debuted on the BSE on Wednesday, August 6, at ₹880 per share, listing at a 10% premium over the IPO price of ₹800. It closed the day at ₹936, ending 17% higher than the issue price.
With the Day 2 surge, the total return from the IPO has now reached approximately 36%, placing NSDL among the best-performing recent IPOs in the financial services segment.
IPO Subscription and Structure
The IPO, open from July 29 to July 31, received robust demand across investor categories and was subscribed 41 times overall.
Subscription Breakdown:
- Qualified Institutional Buyers (QIBs): 103.97 times
- Non-Institutional Investors (NIIs): 34.98 times
- Retail Individual Investors (RIIs): 7.73 times
- Employee Category: 15.42 times
The IPO was a pure Offer for Sale (OFS) comprising 5.01 crore equity shares, with no fresh issue component. The selling shareholders included the National Stock Exchange of India (NSE), State Bank of India (SBI), HDFC Bank, IDBI Bank, Union Bank of India, and the Administrator of the Specified Undertaking of the Unit Trust of India (SUUTI). Proceeds from the IPO were received entirely by these shareholders, as NSDL did not raise any fresh capital through the issue.
Company Overview
NSDL is India’s largest securities depository, with an estimated 85% market share among depositories. As per the latest filings, it holds over ₹200 lakh crore worth of securities in dematerialised form.
Its core services include demat account management, securities settlement, corporate action processing, and electronic voting for shareholders, making it a key infrastructure player in India’s capital markets.
NSDL’s listing and subsequent rally come amid sustained investor interest in primary markets, especially in companies providing digital and financial infrastructure. The rise in retail participation and growing demat penetration have also contributed to increased attention toward capital market service providers.
On Thursday, NSDL’s gains came against a muted broader market backdrop. The BSE Sensex was down 0.3% around the same time, as investors remained cautious due to global rate uncertainty and trade-related developments.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
