Team Startupcity

• NSDL raised over Rs 1,200 crore from anchor investors by allotting 1.5 crore shares at Rs 800 each.
• The Rs 4,011.60 crore IPO opens on July 30 and closes on August 1, with a price band of Rs 760-Rs 800 per share.
• Grey market premium stood at Rs 126, indicating a potential 15.75% listing gain.

The National Securities Depository Ltd (NSDL) successfully concluded its anchor investor round, July 29, 2025, securing over Rs 1,200 crore ahead of its much-anticipated initial public offering (IPO). According to an exchange filing with the BSE, the company allocated a total of 1,50,17,999 equity shares to anchor investors at Rs 800 per share.

Among the anchor investors, 35.27% of the allocation amounting to 52,97,418 equity shares was distributed to 12 domestic mutual funds across 22 schemes. Prominent participants included Life Insurance Corporation of India, Smallcap World Fund, SBI Banking & Financial Services Fund, ICICI Prudential ELSS Tax Saver Fund, HDFC Value Fund, Fidelity Funds - India Focus Fund, and Ashoka Whiteoak ICAV.

The NSDL IPO opens for public subscription on July 30 and will remain open until August 1, 2025. The price band for the IPO has been set between Rs 760 and Rs 800 per equity share. The offering is a complete offer-for-sale (OFS), through which the company aims to raise Rs 4,011.60 crore.

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As per the allocation structure, up to 50% of the issue will be offered to Qualified Institutional Buyers (QIBs), a minimum of 15% to Non-Institutional Investors (NIIs), and at least 35% to retail individual investors. Additionally, 85,000 equity shares are reserved for eligible employees, who will receive a discount of Rs 76 per share under the employee reservation quota.

On the same day, the grey market premium (GMP) for NSDL IPO stood at Rs 126 per share as of 11:05 PM. With the upper band at Rs 800, shares are expected to list at Rs 926 reflecting a 15.75% premiumaccording to data from Investorgain.

NSDL’s IPO will be listed on both the NSE and BSE.