Home / Business and Economy / NSDL IPO Surges 15% in Grey Market, Investors Brace for Listing Bonanza
NSDL IPO Surges 15% in Grey Market, Investors Brace for Listing Bonanza
4 Aug
Summary
- NSDL IPO oversubscribed 41x, indicating strong investor demand
- Grey market premium stands at 15% over issue price, signaling potential listing gains
- Allotment expected today, investors can check status on BSE, NSE, and registrar websites
As of August 5, 2025, the grey market premium (GMP) for the NSDL IPO currently stands at 15%, indicating that investors are willing to pay a premium for the shares when they list on the stock exchanges. This suggests that the IPO, which closed on August 1, 2025, is likely to see decent listing gains for investors.
The NSDL IPO, a pure offer-for-sale (OFS) issue of ₹4,011.16 crore, received a massive subscription of 41.02x, with the retail and non-institutional investor (NII) categories receiving 7.76x and 34.98x subscriptions, respectively. The qualified institutional buyer (QIB) category was oversubscribed by an impressive 103.97x.
The allotment of NSDL shares is expected to be finalized today, August 5, 2025. Investors can check their allotment status on the websites of the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), or the registrar, Link Intime. The shares of NSDL are scheduled to list on both the BSE and NSE on August 6, 2025.
Analysts have provided a "Subscribe" recommendation on the NSDL IPO, citing the company's strong growth prospects in the securities depository sector, driven by the deepening of capital markets, financial inclusion, and supportive policy reforms. However, they have also highlighted potential risks, such as regulatory pressure on transaction pricing, competition from CDSL in the retail segment, and the company's revenue dependence on overall market activity.
