NSDL Share Price: Makes Stock Market Debut with 10% Premium

Market Performance

NSDL shares made a strong entry into the stock market on Wednesday, listing at a 10% premium over their issue price.

• Listing Price: ₹880 per share on BSE
• Issue Price Band: ₹760 - ₹800 per share
• Listing Premium: 10%
• Market Capitalization Post-Listing: ₹17,600 crore

Despite the premium opening, the listing fell slightly below the grey market's projected gain of 16%.

Main News

The National Securities Depository Ltd (NSDL) launched its IPO between July 30 and August 1, receiving a solid response from investors.

• IPO Size: ₹4,011 crore
• Subscription Rate: 41 times overall

The listing price of ₹880 per share reflected the strong demand, but it was a notch lower than the hype built in the unofficial grey market.

Company Details

NSDL, a SEBI-registered market infrastructure institution, plays a critical role in India’s financial ecosystem.

• Core Function: Offers services to India’s financial and securities markets
• Notable Contribution: Pioneered dematerialisation of securities in India
• Milestone Year: 1996, post implementation of the Depositories Act

As a leader in the depository segment, NSDL remains a cornerstone in India’s capital market structure.

Summary of the Article

The NSDL share price opened at ₹880 on its listing day, posting a 10% premium over its IPO price of ₹800. With an IPO size of ₹4,011 crore and 41x oversubscription, the company attracted significant market attention. Its total valuation reached ₹17,600 crore upon listing.

NSDL’s role as a pioneer in dematerialisation and its infrastructure status continue to bolster its long-term relevance in the Indian financial ecosystem.