NSDL IPO: Check key dates, issue size and other key details
This issue is particularly significant for IDBI and NSE, which currently hold 26.01 percent and 24 percent stake respectively in NSDL.As per Sebi regulations, no single entity can hold more than 15 percent in a market infrastructure institution. The IPO offers both institutions a pathway to comply with this requirement.NSDL is reportedly targeting a valuation of around 1.85 billion dollars, or approximately Rs 16,000 crore at current exchange rates. As of December 31, 2024, it is the leading depository in the country by number of issuers, number of active instruments, market share in demat value of settlement volume, and value of assets under custody.The company first filed its draft red herring prospectus in July 2023 and submitted an addendum in May 2025, reducing the issue size from 5.72 crore shares to 5.01 crore. SEBI has allowed NSDL to complete its listing process by August 14, 2025.ICICI Securities, Axis Capital, HSBC Securities, IDBI Capital, Motilal Oswal, and SBI Caps are acting as the book-running lead managers for the IPO. - Ends
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