NSDL IPO News | New Upcoming IPO 2025 | NSDL IPO Date
This is probably the first time after 2021-22 that it has been almost 2 months, but no new mainboard IPO has come. Yes, there are some SE IPOs but there is nothing special in them either. So right now the IPO market is definitely very dull, but because in the last two-three days the secondary market has also shown some recovery, people's sentiments are also getting uplifted a bit. So hopefully in the new financial year, we will also get to see some new IPOs.
In just the next 10 days, the IPO of a big company can come in the market, which will be the IPO of NSDL. It is said that this IPO can open on March 26 or 27, in the very last days of this current financial year, i.e. financial year 2024-25. Although there is no official announcement yet, we might get the complete details soon.
NSDL's IPO was approved by SEBI in September 2024, and SEBI approval is valid for 12 months. So if they do not bring their IPO by September 2025, they will have to go through the whole process again. This means that the management is pushing to get the company listed as soon as possible. Even if it doesn't happen this month, NSDL's IPO is expected in the next one or two months.
NSDL is a depository company, which means they store purchased shares in electronic form. In India, there are two main depository companies: NSDL and CDSL. While CDSL has a larger market share because it works with discount brokers, NSDL is more tied to traditional brokers, which gives it a more valuable client base.
While we don't have the exact details about the IPO, it is said that it will open on March 26 or 27. If this happens, it will be the last IPO of the current financial year but will list in the new financial year, making it the first company to be listed in FY 2025-26.
The issue size of NSDL's IPO could be around ₹4,000 crores, and it will be a 100% Offer for Sale (OFS), meaning all the funds raised will go to the selling promoters. There hasn't been any official announcement regarding the price band yet, but some reports suggest it could be in the range of ₹700 to ₹750 per share.
The NSDL IPO could reignite the IPO market, especially with AATL’s IPO generating buzz in the market. As we await the official announcement, we can only speculate about the exact details, but rest assured, the market is eager for any movement in the IPO space.
Key Information about NSDL IPO:
- Expected IPO Opening Date: March 26 or 27, 2025
- Expected Issue Size: ₹4,000 Crores (approx.)
- Offer for Sale (OFS): 100% - No funds raised by the company itself
- Expected Price Band: ₹700 to ₹750 per share (speculative)
- IPO Listing Date: Likely to be in FY 2025-26