NSDL IPO allotment likely today. Check GMP, status and other details
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The allotment status for the much-anticipated Rs 4,011.60-crore IPO of National Securities Depository Ltd (NSDL) is expected to be finalized today.The issue, which garnered an overwhelming response with an overall subscription of 41.02 times, is poised to list on the BSE on Wednesday. In the grey market, the stock is quoting a premium of around 15%, indicating a likely positive debut despite the fully priced nature of the offer.Retail investors subscribed 7.76 times their allotted quota, while Qualified Institutional Buyers (QIBs) bid an aggressive 103.97 times and Non-Institutional Investors (NIIs) 34.98 times, signalling robust institutional and HNI appetite.The IPO, priced at Rs 800 per share, was entirely an offer for sale (OFS) of 5.01 crore shares, with no fresh capital raised.Through Registrar Website (Link Intime):Visit https://linkintime.co.in Click on 'Public Issues' under the Investor Services section.Select 'NSDL IPO' from the dropdown list.Enter your PAN, application number, or DP/Client ID.Click 'Submit' to view your allotment status.Through BSE Website:Go to https://www.bseindia.com/investors/appli_check.aspx Select 'Equity' and 'NSDL' from the dropdowns.Enter your application number and PAN.Click 'Search' to check your status.Applicants who are allotted shares will see their demat accounts credited by August 5, while refunds for unallocated bids will also begin on the same day.NSDL, India's oldest depository and a key player in the capital markets infrastructure, plans to use this listing to unlock shareholder value rather than raise funds.Its consistent profitability, dividend payouts, and leadership in the dematerialized securities ecosystem make it a high-profile addition to the markets. Now, all eyes are on the listing performance — with a GMP of Rs 120, market participants are cautiously optimistic.
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