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India Today
3 days ago
- Business
- India Today
JSW Cement shares list at 4% premium on stock market debut
JSW Cement made a steady debut on the stock market on Thursday, opening at a premium of around 4% over its issue price of Rs 147. On the BSE, the shares opened at Rs 153, up 4.1%, while on the NSE they began trading at Rs 153.50, a gain of 4.4%.The listing performance was in line with market expectations as the grey market premium (GMP) had indicated a possible gain of around Rs 5 per share ahead of the debut. The last reported GMP stood at Rs 4.8, suggesting an estimated listing price of Rs 151.8 and an expected gain of 3.27%.Allotment of shares for the JSW Cement IPO was finalised on Tuesday, August 12, 2025. JSW Cement IPO opened for subscription on August 7 and closed on August company's Rs 3,600 crore IPO, which comprised a fresh issue of Rs 1,600 crore and an offer for sale worth Rs 2,000 crore, received strong decent interest from investors. Overall, the issue was subscribed 8.22 was particularly high from institutional buyers, with the qualified institutional buyers (QIB) category subscribing 16.71 times. Non-institutional investors (NII) subscribed 11.60 times, while the retail portion saw a subscription of 1.91 were largely positive on the IPO. advertisementGaurav Garg, Lemonn Markets Desk, said, 'JSW Cement's IPO is suitable for investors with a long-term horizon and a high-risk appetite. While short-term listing gains are uncertain due to rich valuations and near-term earnings pressure, the company holds long-term promise as India transitions toward more sustainable and resource-efficient infrastructure development.'(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
Mint
4 days ago
- Business
- Mint
NSDL share price slumps 5% after posting Q1 results 2025. Do you own?
National Securities Depository (NSDL) share price dropped nearly 5.54 per cent to ₹ 1,227 apiece in Wednesday's trading session after the company reported its financial results for the quarter ending on June 31, 2025. NSDL share price has rallied over 24.48 per cent since its listing on August 6, 2025. NSDL announced its results after market hours on August 12, reporting a net profit of ₹ 89.63 crore for the first quarter of FY26, up over 15 per cent from ₹ 77.82 crore in the same period last year. The newly listed company achieved this growth alongside a more than 14% year-on-year decline in expenses, which fell to ₹ 228 crore during the April–June quarter. However, revenue from operations slipped 7.5 per cent year-on-year to ₹ 312 crore in Q1 FY26 from ₹ 337 crore in Q1 FY25, and also dropped over 14% sequentially from ₹ 364 crore in Q4 FY25. Meanwhile, NSDL's earnings per share (EPS) rose to ₹ 4.48 in the quarter under review. NSDL shares made a strong debut on the stock market on August 6, opening at ₹ 880 apiece on the BSE — a 10% premium over the IPO price. ' 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. 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 Gaurav Garg, Lemonn Markets Desk. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Time of India
6 days ago
- Business
- 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 .
Time of India
6 days ago
- Business
- Time of India
NSDL shares on winning streak, surge 80% since IPO launch. What's next for investors?
Shares of National Securities Depository Limited (NSDL) extended their stellar post-listing run on Monday, surging 9.6% to touch a new high of Rs 1,425. The stock has now rallied 78% from its IPO price of Rs 800 and 62% from its listing price of Rs 880. Since debuting on August 6, NSDL has gained in each of its four trading sessions, reflecting strong investor appetite. After an impressive rally following the stock's listing, what should investors do? '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. The Rs 4,012 crore IPO, entirely an offer for sale, was subscribed 41.02 times, with Qualified Institutional Buyers leading at 103.97 times, followed by Non-Institutional Investors at 34.98 times and retail investors at 7.76 times. Ahead of the IPO, the company raised Rs 1,201.44 crore via anchor allotments, signalling robust institutional demand. NSDL, a SEBI-registered Market Infrastructure Institution, manages dematerialised securities and offers services such as demat operations, trade settlements, e-voting, pledge management, and corporate actions. As of March 2025, it handled 3.94 crore active demat accounts via 294 depository participants. Subsidiaries like NSDL Database Management and NSDL Payments Bank extend their reach into e-governance and digital finance. For FY25, NSDL posted a 12% rise in revenue to Rs 1,535.19 crore and a 25% jump in profit after tax to Rs 343.12 crore. The IPO was priced at a P/E of 46.63 and a price-to-book value of 7.98, valuations that some analysts consider elevated. Shivani Nyati, Head of Wealth at Swastika Investmart , noted that NSDL made 'a good, solid debut' and is expanding its offerings with more value-added services, supporting steady growth in both revenue and profit. Also read: MSCI August 2025 Rejig: Eternal, BDL part of 20 exclusions and weight reductions ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Economic Times
08-08-2025
- 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)
