National Securities Depository Ltd IPO
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National Securities Depository Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 501.45 L | ₹ 501.45 L | ₹ 175.21 L | TBA | BSE | ₹ 4011.6 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 30 Jul, 25 | 01 Aug, 25 | 18 | ₹ 13,680 | Book Building | 06 Aug, 25 |
National Securities Depository Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Miscellaneous |
| Sub Sector | NA |
| Issue Type | Book Building |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 41.59x | 25030001 | 1040916654 |
| NII | 34.98x | 7509000 | 262681758 |
| Retail | 7.73x | 17521000 | 135482994 |
| Employee | 15.42x | 85000 | 1310598 |
| Total | 28.72x | 50145001 | 1440392004 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
National Securities Depository Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 339.87 | 1,021.99 | 761.11 |
| EBITDA | 352.22 | 292.35 | 255.75 |
| PAT | 258.08 | 210.82 | 183.59 |
| Total Assets | 224.46 | 277.72 | 276.98 |
| Share Capital | 40.00 | 40.00 | 40.00 |
| Total Borrowings | 27.42 | 22.72 | 24.55 |
| Operating Activities (Net Cash) | 270.43 | 221.16 | 193.57 |
| Investing Activities (Net Cash) | 1,300.35 | 1,284.44 | 917.74 |
| Financing Activities (Net Cash) | 27.42 | 22.72 | 24.55 |
| Net Cashflow | 135.96 | 184.82 | 164.30 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About National Securities Depository Ltd
National Securities Depository Limited was incorporated on April 27, 2012, as NSDL Depository Limited at Mumbai as a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation, issued by the RoC. The Company commenced operations pursuant to a certificate of commencement of business dated May 16, 2012, issued by the RoC. Subsequent to the Scheme of Arrangement, the name of the Company was changed from NSDL Depository Limited to National Securities Depository Limited, and a fresh certificate of incorporation issued by the RoC, recording the change in name on January 3, 2013.
The Indian capital market has witnessed a growth at a fast pace between Financial Year 2017 till Financial Year 2025. As the first and leading depository in the country, NSDL introduced the concept of dematerialization of securities, revolutionizing the securities landscape in India. NSDL is the largest depository in India in terms of number of issuers, number of active instruments, market share in demat value of settlement volume and value of assets held under custody as of March 31, 2025. The depository market in India grew at rapid pace in past 3 years.
The Company is a SEBI registered market infrastructure institution. As of March 31, 2025, the company is the largest depository in India in terms of number of issuers, number of active instruments, market share in demat value of settlement volume and value of assets held under custody. Through its Subsidiaries, NDML and NPBL, the company offers a range of IT-enabled solutions through multiple verticals such as e-governance, payments solutions, collaborative industry solutions, regulatory platforms, KYC solutions, insurance repository services and digital banking solutions, amongst others.
Peer Comparison:
- National Security Depository Ltd
- Central Depository Services (I) Ltd
National Securities Depository Ltd IPO Key Points
Strengths
- India's first and leading depository operating a wide range of technology-driven businesses.
- Strong focus on technology-led product innovation.
- Robust IT infrastructure, risk management frameworks and cyber-security measures focused on ensuring the safety and integrity of the depository system.
- Stable revenue base with a significant proportion of recurring revenue.
- Diversified Asset Classes held in Demat Accounts and Well-diversified Business Verticals.
Risk
- If there is a shift in investor preferences away from investing and trading in securities to other avenues, it could reduce demand for its services and adversely affect the company business, financial condition, and results of operations.
- The company failures to expand its service offerings and market reach through continued innovation and development of new products and services through technology-based solutions or the failures of these new service offerings may have an adverse impact on its business.
- A large proportion of the Company's business is transaction-based, in particular, delivery-based, and dependent on trading activity in the securities market. External factors beyond its control may affect the trading volumes which could adversely affect the company business, cash flows, results of operation and financial condition.
Strategy
- Continue to focus on our growth potential and increase market penetration by leveraging our strengths.
- Continue to invest in and upgrade our IT infrastructure systems for the enhancement of operational efficiency, service quality and operational resilience.
- Diversify our offerings and enhance our database management business.
- Increase the market share of our payments bank business.
- India's first and leading depository operating a wide range of technology-driven businesses.
- Strong focus on technology-led product innovation.
- Robust IT infrastructure, risk management frameworks and cyber-security measures focused on ensuring the safety and integrity of the depository system.
- Stable revenue base with a significant proportion of recurring revenue.
- Diversified Asset Classes held in Demat Accounts and Well-diversified Business Verticals.
How To Apply for National Securities Depository Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
