Unlisted dreams, listed disappointments? NSDL's IPO leaves pre-IPO investors riled.
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Time of India
3 hours ago
- Time of India
NSDL stock jumps 78% from IPO price: Gains in all sessions since debut- what should investors do?
NSDL shares surge NSDL shares have been a big money-maker for the investors with the prices surging by nearly 80% from its IPO price. In a significant post-market debut, surged over 9.6% on Monday alone, touching a peak of Rs 1,425. The stock has experienced a significant increase, rising 78% above its initial IPO price of Rs 800 and 62% above its listing price of Rs 880. NSDL has shown positive performance in all four trading sessions since its August 6 debut, indicating strong market interest. Following the substantial post-listing gains, investors are looking at potential next steps. "We remain constructive on NSDL, given its leadership in the institutional depository segment and its significant role in offering custodial and depository services to mutual funds, insurers, banks, and foreign portfolio investors (FPIs). With a robust market position, steady revenue visibility, and reasonable valuations, we recommend a HOLD for investors who received allotments, keeping a long-term view in mind," said Gaurav Garg from Lemonn Markets Desk, as quoted by ET. "For those who did not receive an allotment, it would be prudent to await a market dip before considering fresh entry, especially amid prevailing market volatility," further said Garg. The Rs 4,012 crore offer for sale IPO received strong response with 41.02 times subscription, including 103.97 times from Qualified Institutional Buyers, 34.98 times from Non-Institutional Investors, and 7.76 times from retail investors. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Thanh Pho Ho Chi Minh: Unsold Furniture Liquidation 2024 (Prices May Surprise You) Unsold Furniture | Search Ads Learn More Undo The company secured Rs 1,201.44 crore through anchor allocations before the IPO, demonstrating strong institutional interest. As a SEBI-registered Market Infrastructure Institution, NSDL provides services including demat operations, trade settlements, e-voting, pledge management, and corporate actions. The company serves 3.94 crore active demat accounts through 294 depository participants as of March 2025. Its subsidiaries, NSDL Database Management and NSDL Payments Bank, provide e-governance and digital financial services. In FY25, NSDL reported revenue growth of 12% to Rs 1,535.19 crore and profit after tax increase of 25% to Rs 343.12 crore. The IPO was valued at a P/E of 46.63 and price-to-book value of 7.98, which some analysts consider high. Stay informed with the latest business news, updates on bank holidays , public holidays , current gold rate and silver price .
Economic Times
5 hours ago
- Economic Times
KRBL shares surge over 18% in two days as Q1 profit surges 74% YoY
Shares of KRBL extended their rally for a second straight session, rising 3% on Monday to touch a 52-week high of Rs 440 apiece on the BSE. The stock has rallied over 18.5% in the last two trading sessions on the BSE after the basmati rice major posted a strong set of Q1FY26 numbers. ADVERTISEMENT The company's profit after tax (PAT) for the quarter jumped 74% year-on-year (YoY) to Rs 151 crore, compared to Rs 87 crore in Q1FY25, supported by robust revenue growth and improved operational performance. Sequentially, PAT was down 2% from Rs 154 crore in Q4FY25. Revenue from operations rose 32% YoY to Rs 1,584 crore from Rs 1,199 crore, aided by strong demand in both domestic and export markets. On a quarter-on-quarter (QoQ) basis, it was higher by 10%. Further, KRBL's total income grew 32% YoY to Rs 1,617 crore, compared to Rs 1,221 crore in the same period last came in at Rs 225 crore, marking a 62% YoY increase from Rs 139 crore, with EBITDA margin improving to 13.9% from 11.4% a year ago, though slightly lower than 16.2% in gross profit stood at Rs 415 crore, up 46% YoY from Rs 283 crore, with gross profit margin expanding to 25.7% from 23.2% last year, though it slipped 9% sequentially from Rs 458 crore in Q4FY25. ADVERTISEMENT The company holds a 37.9% market share in general trade, 38.6% in modern trade, and 44% in e-commerce, as per its investor to the company, its flagship India Gate brand is consumed by one in every 10 Indian households (excluding rural areas), with a household reach of 1.1 crore. The brand saw a 480-basis-point increase in penetration and a 570-basis-point gain in consumption in the year ended March 2025. ADVERTISEMENT KRBL's market cap stood at Rs 8,387 crore as of June 30, 2025, underscoring its strong leadership in the global basmati rice market. Also read: NSDL shares on winning streak, surge 80% since IPO launch. What's next for investors? ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
News18
5 hours ago
- News18
This Stock Listed 4 Days Ago Turned SBI's Rs 1.2 Crore Bet At Rs 2 Into Rs 7,800 Crore
Last Updated: SBI bought 60 lakh shares at Rs 2 for Rs 1.2 crore. Now worth Rs 7,801.8 crore, the gain is Rs 7,800.6 crore, a staggering return of 6,50,050% In a record-breaking market debut, National Securities Depository Limited (NSDL) stunned investors with a remarkable 62.5% surge in just three sessions, jumping from its issue price of Rs 800 to Rs 1,300 after opening at Rs 880. The biggest beneficiaries of this remarkable surge were State Bank of India (SBI), IDBI Bank, and SUUTI, who saw their shares, bought at just Rs 2, grow 650 times in value. SBI, the nation's largest bank, had acquired 60 lakh shares at an average price of Rs 2. This investment of Rs 1.20 crore has now escalated to Rs 7,801.80 crore, yielding an extraordinary profit of Rs 7,800.60 crore and an incredible return of 650050%. Similarly, IDBI Bank holds 2.99 crore shares, now valued at Rs 3,898.80 crore, while their purchase cost was only Rs 5.996 crore. SUUTI's investment of Rs 2.049 crore surged to Rs 1,332.68 crore in the same period. How Did Other Giants Fare? The NSDL rally has benefitted not only government entities but also other significant institutional investors. The National Stock Exchange (NSE) possesses 2.99 crore shares, bought at an average price of Rs 12. Despite selling a 9% stake in the IPO, NSE realised a profit of Rs 3,864.06 crore on the remaining shares, representing a return of 105 times. HDFC Bank made an 11-fold profit on its 1.38 crore shares, purchased at Rs 108.29 per share. Union Bank of India increased the value of its 51.25 lakh shares, bought at Rs 5.20, by 249 times, yielding a profit of Rs 664.23 crore. The surge has also favoured retail investors, with 10.31 lakh retail investors receiving allotments in NSDL's IPO. Those who have retained their shares are now reaping substantial profits. Experts predict that, given NSDL's leadership position, strong revenue visibility, and valuation, the stock will continue to be attractive for the long term. According to Gaurav Garg of Lemon Markets Desk, 'NSDL has the potential to perform strongly in investors' portfolios for a long time due to its market presence and large client base." view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
