NSDL IPO: Listing Date, Issue Size, All You Need to Know
Central securities depository National Securities Depository Limited (NSDL) is set to come up with its IPO in the coming months.
NSDL IPO: Listing Date, Issue Size, All You Need to Know
The IPO activity in the primary market this year has remained muted due to simultaneous corrections in the secondary market. However, there are some noteworthy issues in the pipeline that are set to boost investor sentiments.
Notably, central securities depository National Securities Depository Limited (NSDL) is set to come up with its IPO in the coming months. The company has already received a go-ahead in September 2024 for its issue, which is valid till September 2025.
IPO
The IPO is valued at ₹3000 crore, which is completely an offer for sale (OFS). Shareholders including National Stock Exchange (NSE), IDBI Bank and HDFC Bank will be looking forward to selling their stake. NSE holds a 24% stake in NSDL.
Expected Timeline
Sources told ET Now that NSDL’s ₹3000 crore public offering will be launched in April and the company is looking forward to making its stock market debut in the same month.
