02 April 2025
NSDL IPO expected date: Rs 3000 crore public issue by NSDL will be an entirely an offer for sale (OFS) of 5.72 crore shares with 6 existing shareholders diluting their stakes. These include National Stock Exchange (NSE), IDBI Bank, and HDFC Bank. NSE currently holds a 24 per cent stake in NSDL.
NSDL IPO expected date: There might be some delay in the launch of the initial public offering of one of the largest securities depositories – NSDL . The Rs 3000 crore IPO was expected to be launched for subscription in sometime around March or early April. However, investors might have to wait some more.
National Securities Depository Limited is an Indian central securities depository, based in Mumbai. It was established in August 1996 as the first electronic securities depository in the country with national coverage.
NSDL IPO Expected Date
Investors who were eagerly waiting for the IPO launch will have to wait for 3-4 months more as capital markets regulator SEBI has given an extension to NSDL to launch its IPO by the end of July, Economic Times reported. Worth mentioning here is that NSDL IPO deadline was to lapse this month.
For its Rs 3000 crore IPO, NSDL had filed draft prospectus with the SEBI in 2023 and received approval for the same this year. Shares of NSDL are set to get listed on BSE.
NSDL IPO Update
Rs 3000 crore public issue by NSDL will be an entirely an offer for sale (OFS) of 5.72 crore shares with 6 existing shareholders diluting their stakes. These include National Stock Exchange (NSE), IDBI Bank, and HDFC Bank. NSE currently holds a 24 per cent stake in NSDL.
Moreover, NSDL IPO includes a reservation of equity shares for subscription by eligible employees.
NSDL IPO Launch News
A senior company official had last month said that they are aiming to launch the much-awaited public issue soon. The official told news agency PTI that as a market infrastructure institution (MII), NSDL also needs other approvals apart from the DRHP. “Our dates are expiring next month. We are rushing against time to get things done fast.”
ET NOW sources, on the other hand, shared that NSDL’s Rs 3000 crore public offering could be launched by early April and the company is looking to list in the same month. NSDL will expedite the IPO process to comply with market regulator SEBI’s ownership mandate.
Stay Connected, Stay Informed –
Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.