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Economic Times
a day ago
- Business
- Economic Times
NSDL pre-IPO investors finally make money as stock up 62% in 3 days
Shares of National Securities Depository Ltd (NSDL) have delivered a long-awaited payday for its pre-IPO investors, jumping 62.5% over just three sessions from the IPO price of Rs 800 and eclipsing even the stock's unlisted market peak. The stock soared as much as 19.5% on Friday to an intraday high of Rs 1,342.60 on the BSE, comfortably above its unlisted market high of Rs 1,275, before settling at Rs 1,300.30, up 15.8% for the day. ADVERTISEMENT According to data from UnlistedZone, NSDL shares had traded as high as Rs 1,275 in the unlisted market in June 2025 before cooling to around Rs 1,025 in July as the IPO process progressed. For investors who bought into the stock during its pre-listing phase, Friday's surge marked a key psychological and financial milestone. The stock made its public debut on August 6 at Rs 880, a 10% premium to the IPO issue price of Rs 800, and has climbed each day since. By Friday's close, the stock had gained 62.5% over the IPO price and 47.8% over its listing price. NSDL's Rs 4,012 crore IPO, an entirely offer-for-sale issue, was met with overwhelming demand. The issue was subscribed 41.02 times, led by Qualified Institutional Buyers at 103.97 times, followed by non-institutional investors at 34.98 times and retail investors at 7.76 times. Anchor investors contributed Rs 1,201.44 crore through allocations on July 29.'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. ADVERTISEMENT '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,' Garg a SEBI-registered Market Infrastructure Institution (MII), plays a foundational role in India's capital market ecosystem. The company manages dematerialized securities and offers a suite of services including demat account operations, trade settlements, pledge management, e-voting, and corporate actions. As of March 2025, NSDL managed 3.94 crore active demat accounts via 294 depository participants. ADVERTISEMENT Its subsidiaries, NSDL Database Management and NSDL Payments Bank, extend its reach into e-governance and digital financial infrastructure. 'National Securities Depository Limited (NSDL) made quite a good, solid debut on the stock market,' said Shivani Nyati, Head of Wealth at Swastika Investmart. 'The company is expanding its horizon with more value-added services and options. The company posted steady growth in its top and bottom lines.' ADVERTISEMENT Nyati also emphasised the company's regulatory status, stating, 'National Securities Depository Limited (NSDL) is SEBI-registered Market Infrastructure Institution and acts as a securities depository in India.'For FY25, NSDL reported revenue of Rs 1,535.19 crore, up 12% year-on-year, while profit after tax rose 25% to Rs 343.12 crore. Despite the strong financial performance, some analysts have flagged valuations as rich, with the IPO priced at a P/E multiple of 46.63 and a price-to-book value of 7.98. ADVERTISEMENT 'Investors are advised to book partial profits near the listing level and retain some shares, possibly with a stop‑loss around Rs 850,' Nyati said. Also read | NSDL shares rocket 67% from IPO price. Time to cash out or double down? (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
a day ago
- Business
- Time of India
NSDL pre-IPO investors finally make money as stock up 62% in 3 days
Shares of National Securities Depository Ltd ( NSDL ) have delivered a long-awaited payday for its pre-IPO investors , jumping 62.5% over just three sessions from the IPO price of Rs 800 and eclipsing even the stock's unlisted market peak. The stock soared as much as 19.5% on Friday to an intraday high of Rs 1,342.60 on the BSE, comfortably above its unlisted market high of Rs 1,275, before settling at Rs 1,300.30, up 15.8% for the day. According to data from UnlistedZone, NSDL shares had traded as high as Rs 1,275 in the unlisted market in June 2025 before cooling to around Rs 1,025 in July as the IPO process progressed. For investors who bought into the stock during its pre-listing phase, Friday's surge marked a key psychological and financial milestone. The stock made its public debut on August 6 at Rs 880, a 10% premium to the IPO issue price of Rs 800, and has climbed each day since. By Friday's close, the stock had gained 62.5% over the IPO price and 47.8% over its listing price. IPO frenzy backed by fundamentals NSDL's Rs 4,012 crore IPO, an entirely offer-for-sale issue, was met with overwhelming demand. The issue was subscribed 41.02 times, led by Qualified Institutional Buyers at 103.97 times, followed by non-institutional investors at 34.98 times and retail investors at 7.76 times. Anchor investors contributed Rs 1,201.44 crore through allocations on July 29. '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. '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,' Garg said. Pillar of market infrastructure NSDL, a SEBI-registered Market Infrastructure Institution (MII), plays a foundational role in India's capital market ecosystem. The company manages dematerialized securities and offers a suite of services including demat account operations, trade settlements, pledge management, e-voting, and corporate actions. As of March 2025, NSDL managed 3.94 crore active demat accounts via 294 depository participants. Its subsidiaries, NSDL Database Management and NSDL Payments Bank, extend its reach into e-governance and digital financial infrastructure. 'National Securities Depository Limited (NSDL) made quite a good, solid debut on the stock market,' said Shivani Nyati, Head of Wealth at Swastika Investmart . 'The company is expanding its horizon with more value-added services and options. The company posted steady growth in its top and bottom lines.' Nyati also emphasised the company's regulatory status, stating, 'National Securities Depository Limited (NSDL) is SEBI-registered Market Infrastructure Institution and acts as a securities depository in India.' Strong financials, measured optimism For FY25, NSDL reported revenue of Rs 1,535.19 crore, up 12% year-on-year, while profit after tax rose 25% to Rs 343.12 crore. Despite the strong financial performance, some analysts have flagged valuations as rich, with the IPO priced at a P/E multiple of 46.63 and a price-to-book value of 7.98. 'Investors are advised to book partial profits near the listing level and retain some shares, possibly with a stop‑loss around Rs 850,' Nyati said. Also read | NSDL shares rocket 67% from IPO price. Time to cash out or double down? ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
India Today
2 days ago
- Business
- India Today
NSDL shares are on a dream run after listing. Should you buy now?
Shares of National Securities Depository Ltd (NSDL) continued their post-listing surge on Friday, soaring as much as 19% to touch a 52-week high of Rs 1,339 on the Bombay Stock Exchange (BSE). That marks a stellar 67% gain over the IPO price of Rs 800 and a 52% rally over its listing price of Rs stock, which made its market debut on August 6, has now risen for three straight sessions—prompting IPO investors to ask: is it time to book profits or hold on?NSDL had a strong debut earlier this week, opening at Rs 880—10% above its issue price. It climbed further on debut day, hitting Rs 920 intraday. The rally intensified on Thursday, when it hit the upper circuit with a 20% gain at Rs 1, the surge is robust institutional demand and NSDL's dominant role in India's capital market infrastructure. Its Rs 4,012 crore IPO, entirely an offer for sale, was subscribed 41.02 times. Qualified Institutional Buyers (QIBs) led the charge, bidding 103.97 times, followed by Non-Institutional Investors at 34.98 times and retail investors at 7.76 times. The company also raised Rs 1,201.44 crore via anchor allotments on July 29, reflecting strong institutional OR AVOID NOW?'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,' said Gaurav Garg of Lemonn Markets Desk. '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.'He added that those who did not receive IPO allotments should wait for a dip before entering, given prevailing market the sentiment, Shivani Nyati, Head of Wealth at Swastika Investmart, said the listing has been 'solid,' and the company is 'expanding its horizon with more value-added services.' However, Nyati recommended that investors 'book partial profits near the listing level and retain some shares, possibly with a stop loss around Rs 850.'Prashanth Tapse, Senior VP (Research) at Mehta Equities, also highlighted NSDL's entrenched position in India's depository landscape. 'NSDL stands out as the strongest player in the institutional segment, with a commanding share in custodial and depository services for mutual funds, insurance companies, banks, and FPIs,' he said. 'It continues to lead in value-based transactions and institutional holdings, underpinned by deep-rooted trust and robust technology. Alongside CDSL, it forms a near-duopoly, with high entry barriers for new competitors.'Tapse added that while the listing gains were expected, NSDL represents a compelling long-term play on the rising institutional participation in Indian capital markets. His advice: allotted investors should hold for the long term, while others can wait for a better entry point YOU NEED TO KNOWNSDL is a Sebi-registered Market Infrastructure Institution (MII), managing nearly 3.94 crore active demat accounts across 294 depository participants as of March 2025. Its services include dematerialisation, trade settlements, e-voting, pledge management, and corporate actions. Its subsidiaries—NSDL Database Management and NSDL Payments Bank—extend its reach into e-governance and digital FY25, NSDL reported a 12% growth in revenue to Rs 1,535.19 crore and a 25% rise in profit after tax to Rs 343.12 crore. The IPO priced the stock at a P/E of 46.63 and a price-to-book ratio of 7.98—multiples that some analysts view as rich, though potentially justified by the company's market a solid start on the bourses, strong institutional support, and a strategic role in India's capital markets, NSDL has certainly captured investor interest. Whether to hold or cash out now depends on one's risk appetite.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)- Ends
Economic Times
2 days ago
- Business
- Economic Times
NSDL shares rocket 62% from IPO price. Time to cash in or double down?
Shares of National Securities Depository Ltd (NSDL) soared as much as 15.7% on Friday to Rs 1,299 on the BSE, pushing total gains for IPO investors to 62.4% over the IPO price of Rs 800. ADVERTISEMENT The stock extended its post-listing rally to 47.6% from the stock's listing price of Rs 880. The blistering three-day rally has left investors weighing a classic choice: cash out while the gains are hot or hold on in hopes of a deeper run. NSDL shares, which debuted on August 6 at Rs 880, a 10% premium to the issue price, have rallied sharply through the week. The stock hit an intraday high of Rs 920 on the debut day, followed by a 20% jump on Thursday to Rs 1,123, where it hit the upper circuit on the BSE. Investor appetite was evident from the outset. NSDL's Rs 4,012 crore IPO, entirely an offer for sale, was subscribed 41.02 times, with Qualified Institutional Buyers leading the charge at 103.97 times. Non-Institutional Investors followed at 34.98 times and retail investors at 7.76 times. The company raised Rs 1,201.44 crore via anchor allotments on July 29, a reflection of strong institutional demand.'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. ADVERTISEMENT '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,' said a SEBI-registered Market Infrastructure Institution (MII), plays a critical role in India's capital market ecosystem. It manages dematerialized securities and provides a suite of services including demat operations, trade settlements, e-voting, pledge management, and corporate actions. As of March 2025, the company handled 3.94 crore active demat accounts via 294 depository participants. ADVERTISEMENT Its subsidiaries, NSDL Database Management and NSDL Payments Bank, help extend its footprint into e-governance and digital in 2012, NSDL has built a reputation as the backbone of India's securities depository infrastructure, rivaled only by Central Depository Services Ltd (CDSL) in the domestic market. ADVERTISEMENT For FY25, NSDL reported a 12% rise in revenue to Rs 1,535.19 crore and a 25% increase in profit after tax to Rs 343.12 crore. The IPO priced the stock at a P/E of 46.63 and a price-to-book value of 7.98, levels that some analysts deem elevated. 'National Securities Depository Limited (NSDL) made quite a good, solid debut on the stock market,' said Shivani Nyati, Head of Wealth at Swastika Investmart, adding that 'the company is expanding its horizon with more value-added services and options. The company posted steady growth in its top and bottom lines.' ADVERTISEMENT Nyati further noted, 'National Securities Depository Limited (NSDL) is SEBI-registered Market Infrastructure Institution and acts as a securities depository in India.'Analysts remain cautiously optimistic about the stock's prospects. 'Investors are advised to book partial profits near the listing level and retain some shares, possibly with a stop‑loss around Rs 850,' Nyati said. NSDL's strategic role in capital markets, solid financials, and expanding services may support longer-term gains, per analysts. For now, the debate turns to whether investors should pocket quick profits or hold on for more. Also read | NSDL shares jump 20% to hit upper circuit on day 2 of trading. Time to lock in gains or hold on? (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
2 days ago
- Business
- Time of India
NSDL shares rocket 62% from IPO price. Time to cash in or double down?
Shares of National Securities Depository Ltd ( NSDL ) soared as much as 15.7% on Friday to Rs 1,299 on the BSE, pushing total gains for IPO investors to 62.4% over the IPO price of Rs 800. The stock extended its post-listing rally to 47.6% from the stock's listing price of Rs 880. The blistering three-day rally has left investors weighing a classic choice: cash out while the gains are hot or hold on in hopes of a deeper run. NSDL shares , which debuted on August 6 at Rs 880, a 10% premium to the issue price, have rallied sharply through the week. The stock hit an intraday high of Rs 920 on the debut day, followed by a 20% jump on Thursday to Rs 1,123, where it hit the upper circuit on the BSE. Strong demand, sound fundamentals Investor appetite was evident from the outset. NSDL's Rs 4,012 crore IPO, entirely an offer for sale, was subscribed 41.02 times, with Qualified Institutional Buyers leading the charge at 103.97 times. Non-Institutional Investors followed at 34.98 times and retail investors at 7.76 times. The company raised Rs 1,201.44 crore via anchor allotments on July 29, a reflection of strong institutional demand. '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. '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,' said Garg. Market infrastructure backbone NSDL, a SEBI-registered Market Infrastructure Institution (MII), plays a critical role in India's capital market ecosystem. It manages dematerialized securities and provides a suite of services including demat operations, trade settlements, e-voting, pledge management, and corporate actions. As of March 2025, the company handled 3.94 crore active demat accounts via 294 depository participants. Its subsidiaries, NSDL Database Management and NSDL Payments Bank, help extend its footprint into e-governance and digital finance. Founded in 2012, NSDL has built a reputation as the backbone of India's securities depository infrastructure, rivaled only by Central Depository Services Ltd (CDSL) in the domestic market. Solid financials, but valuations in focus For FY25, NSDL reported a 12% rise in revenue to Rs 1,535.19 crore and a 25% increase in profit after tax to Rs 343.12 crore. The IPO priced the stock at a P/E of 46.63 and a price-to-book value of 7.98, levels that some analysts deem elevated. 'National Securities Depository Limited (NSDL) made quite a good, solid debut on the stock market,' said Shivani Nyati, Head of Wealth at Swastika Investmart , adding that 'the company is expanding its horizon with more value-added services and options. The company posted steady growth in its top and bottom lines.' Nyati further noted, 'National Securities Depository Limited (NSDL) is SEBI-registered Market Infrastructure Institution and acts as a securities depository in India.' What should investors do? Analysts remain cautiously optimistic about the stock's prospects. 'Investors are advised to book partial profits near the listing level and retain some shares, possibly with a stop‑loss around Rs 850,' Nyati said. NSDL's strategic role in capital markets, solid financials, and expanding services may support longer-term gains, per analysts. For now, the debate turns to whether investors should pocket quick profits or hold on for more. Also read | NSDL shares jump 20% to hit upper circuit on day 2 of trading. Time to lock in gains or hold on? ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
