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Economic Times
04-08-2025
- Business
- Economic Times
NSDL IPO Allotment Date Live Updates: Issue allotment likely today; GMP at 15%; check other key details
Brokerages have largely recommended a 'Subscribe' rating to the NSDL IPO for long-term investors. NSDL IPO Allotment today Live: The IPO, which saw strong demand with an overall subscription of 41.02 times, is set to debut on the BSE this Wednesday. In the grey market, the shares are trading at about a 15% premium, suggesting a potentially strong listing despite the offer being fully investors subscribed 7.76 times their reserved portion, while Qualified Institutional Buyers (QIBs) and Non-Institutional Investors (NIIs) subscribed 103.97 times and 34.98 times respectively—highlighting significant interest from institutional and high-net-worth at ₹800 per share, the IPO consisted entirely of an offer for sale (OFS) of 5.01 crore shares, with no new capital being raised. Visit 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. Registrar Website (Link Intime) BSE Website Open Date: 30 Jul, 2025Close Date: 01 Aug, 2025Allotment Date: 04 Aug, 2025Listing Date: 06 Aug, 2025 The NSDL IPO is expected to list at a premium of ₹118–₹120, reflecting a potential gain of around 14.75% over the issue price. The IPO, which saw strong demand with an overall subscription of 41.02 times, is set to debut on the BSE this Wednesday. In the grey market, the shares are trading at about a 15% premium, suggesting a potentially strong listing despite the offer being fully investors subscribed 7.76 times their reserved portion, while Qualified Institutional Buyers (QIBs) and Non-Institutional Investors (NIIs) subscribed 103.97 times and 34.98 times respectively—highlighting significant interest from institutional and high-net-worth investors. nsdl ipo | nsdl ipo gmp | nsdl ipo grey market premium | nsdl ipo share price | nsdl ipo listing date | nsdl ipo lot size | nsdl ipo unlisted share price | how to buy nsdl ipo | nsdl shares | how can i buy nsdl shares
Economic Times
04-08-2025
- Business
- Economic Times
Sri Lotus Developers IPO allotment: Here's how to check status as GMP stays firm
Allotment for Sri Lotus Developers IPO is expected today. The IPO was oversubscribed by 74.1 times. Sri Lotus Developers and Realty's ₹792-crore IPO allotment is expected today, following a massive 74.1 times oversubscription. Listing on BSE and NSE is slated for August 6, with grey market premium at 25% over the ₹150 issue price, signaling strong debut expectations. Retail, QIB, and NII investors showed robust interest, subscribing 21.77, 175.61, and 61.82 times their quotas, respectively. Tired of too many ads? Remove Ads How to check Sri Lotus Developers IPO allotment status Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The allotment status for the Rs 792-crore IPO of Sri Lotus Developers and Realty is expected to be finalized today. After an overwhelming subscription of 74.1 times, the issue is set to list on BSE and NSE on August 6. In the grey market, the stock is commanding a premium of 25% over its issue price of ₹150, pointing to strong listing-day investors subscribed 21.77 times their quota, while Qualified Institutional Buyers (QIBs) and Non-Institutional Investors (NIIs) bid 175.61 times and 61.82 times IPO, entirely a fresh issue of 5.28 crore shares, received over 274 crore share bids against 3.70 crore shares on offer (excluding anchor), reflecting strong interest across investor KFin Technologies (Registrar):Go to Select 'Sri Lotus Developers & Realty Ltd.' from the dropdown menuEnter your PAN, Application Number, or DP Client IDClick on 'Submit' to view your allotment statusVia BSE website:Visit Select 'Equity' and choose 'Sri Lotus Developers'Enter Application Number and PANClick 'Search'Successful bidders will have shares credited to their demat accounts by August 5, and refunds for unallocated bids will also be initiated the same strong financials, deep-pocketed anchor investors, and a promising pipeline of luxury redevelopment projects in Mumbai, all eyes are now on the listing pop. The 25% grey market premium is fueling hopes for a robust debut.
Economic Times
31-07-2025
- Business
- Economic Times
NSDL IPO subscribed 1.78 times on Day 1, GMP rises to 17%. Check reviews, other details
National Securities Depository Limited's IPO was fully subscribed within a few hours on Wednesday. Non-institutional and retail investors drove the demand. Brokerages like Anand Rathi and Angel One recommend subscribing for the long term. They cite NSDL's strong market position and growth potential. The IPO price is between Rs 760 to Rs 800 per share. The IPO comprises 5. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Should you subscribe to the NSDL IPO? About NSDL IPO NSDL has set the IPO price band at Rs 760 to Rs 800 per share. Tired of too many ads? Remove Ads About NSDL NSDL financial performance and valuation The initial public offering (IPO) of India's first and largest depository, National Securities Depository Ltd (NSDL) managed to sail through within hours of its issue opening for the public on Wednesday, July 30, with its grey market premium (GMP) at 16.75% or Rs 134-140, up from 15.6% earlier in the total subscription stood at 1.78 times, with enthusiasm driven by the non-institutional investors (NIIs). At the time, the Non-Institutional Investors (NIIs) had subscribed to the issue by 2.83 times, while the retail investors subscribed to the issue by 1.86 the qualified institutional buyers (QIBs) had made an 84% subscription for the NSDL shares of NSDL are trading at a healthy premium of 15.6% in the grey market, which translates into a listing gain of around Rs 125-126 for the public issue, which is a pure offer for sale (OFS) by existing shareholders amounting to Rs 4,012 crore, witnessed an overall subscription of 26% around 11:00 am today. The highest participation was driven by the Non-Institutional Investors (NIIs).The NIIs subscribed to the issue by 41%, followed by the retail investors, who had subscribed to the issue by 35%. The qualified institutional buyers (QIBs) had made a bid for 14,688 shares at the have largely recommended a 'Subscribe' rating to the NSDL IPO for long-term investors. Anand Rathi and Canara Bank Securities cite NSDL's near-monopoly scale in the depository ecosystem, healthy financials, wide product coverage, and strategic relevance to India's capital market infrastructure as key Angel One has issued a 'subscribe for long-term' rating for the offer, stating, 'At the upper price band of Rs 800, NSDL is valued at a post-issue P/E of 47× FY25 earnings, which is lower than listed peer CDSL. Given its strong market position, high entry barriers, and long-term growth tailwinds from India's digital and capital market expansion.'Additionally, Bajaj Broking also assigned a 'subscribe for long-term' rating for the NSDL IPO. In its note, it stated that NSDL is engaged as a pioneer in depository services in India and is an icebreaker for the demat process. The company is expanding its horizon with more value-added services and options.'With dominant market share, a wide service reach, and diversified asset coverage, NSDL is well-positioned for long-term growth, supported by macroeconomic tailwinds and regulatory enablers. However, investors should remain cautious of its dependence on transaction volumes, evolving investor behaviour, and high regulatory and cybersecurity risks,' flagged Saurabh Jain, Equity Head, Research- Fundamentals at SMC Global Securities The IPO comprises 5.01 crore equity shares, and the subscription window will remain open until August 1. Investors can bid for a minimum lot of 18 equity shares and in multiples thereof. The company is proposed to be listed on the BSE, with the tentative listing date set for August following the enactment of the Depositories Act, 1996, NSDL was the first depository to commence operations in India. It plays a crucial role in the country's financial market infrastructure and offers depository services across multiple asset classes, including equities, debt instruments, mutual funds, REITs, InvITs, AIFs, and boasts a pan-India reach, covering over 99% of PIN codes, and has a global footprint with clients in 186 countries. The company operates on a stable annuity-like revenue model, derived from annual issuer charges and transaction-based the financial year ended FY25, NSDL reported revenue of Rs 1,420 crore, marking a 12% year-on-year growth, while profit after tax (PAT) rose 25% YoY to Rs 343 crore. The company posted a strong EBITDA margin of 34.71%, highlighting efficient has also diversified its business through subsidiaries like NSDL Database Management Ltd (NDML) and NSDL Payments Bank Ltd (NPBL), expanding into areas such as e-governance services, regulatory technology platforms, and digital the valuation front, the IPO is priced at a price-to-earnings (P/E) ratio of 46.62x and a price-to-book (P/B) ratio of 7.98x, based on FY25 earnings. In comparison, its listed peer Central Depository Services (India) Ltd (CDSL) trades at a higher P/E of 60.43x and P/B of 18.08x. However, NSDL commands a larger share of demat assets, more extensive institutional coverage, and a broader service infrastructure.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Mint
29-07-2025
- Business
- Mint
NSDL IPO: Depository firm raises ₹1,200 crore from anchor investors ahead of public issue
NSDL IPO: The National Securities Depository Ltd (NSDL) completed its anchor investor round on Tuesday, July 29, 2025. The company raised over ₹ 1,200 crore from anchor investors ahead of its initial public offering (IPO). NSDL allocated a total of 1,50,17,999 equity shares or 1.5 crore equity shares to the anchor investors at an allocation price of ₹ 800 per share, the company informed BSE in an exchange filing. Of the total 1.5 crore equity shares allocated to the anchor investors 5,297,418 equity shares, nearly 35.27 per cent were allocated to 12 domestic mutual funds, who applied through a total of 22 schemes. Life Insurance Corporation of India, Smallcap World Fund, SBI Banking & Financial Services Fund, ICICI Prudential ElSS Tax Saver Fund, HDFC Value Fund, Fidelity Funds- India Focus Fund, Ashoka Whiteoak ICAV are some of the key anchor investors who were allocated equity shares. On Tuesday, July 29, the grey market premium (GMP) of NSDL IPO stood at ₹ 126 per share at 11:05 pm. With the upper price band at ₹ 800 per share, the shares of the company are expected to be listed at ₹ 926, with a premium of 15.75 per cent, according to data from Investorgain. The NSDL initial public offering (IPO) opens tomorrow and will continue till August 1, 2025. The company has set the IPO price band at ₹ 760 to ₹ 800 per equity share. It plans to raise ₹ 4,011.60 crore through a fully offer-for-sale (OFS). The IPO is scheduled for listing on both NSE and BSE. The proposed public issue plans to allocate up to 50 per cent of shares to Qualified Institutional Buyers (QIBs), at least 15 per cent to Non-Institutional Investors (NIIs), and a minimum of 35 per cent to retail investors. Moreover, up to 85,000 equity shares are reserved for eligible employees, who will benefit from a discount of ₹ 76 per share through the employee reservation segment. 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.
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Business Standard
17-07-2025
- Business
- Business Standard
Smartworks Coworking Spaces shares list at 7% premium; book profit or hold?
Smart works Coworking Spaces share price: Shares of Smart works Coworking Spaces made a positive D-Street debut on Thursday, July 17, following the completion of its initial public offering (IPO). The company's shares listed at ₹436.10 per share on the BSE, a premium of ₹29.10 per share or 7.15 per cent over the issue price of ₹407 per share. On the National Stock Exchange (NSE), Smartworks Coworking Spaces shares listed at a slightly lower premium of ₹28 or 6.88 per cent at ₹435 apiece. Smartworks Coworking Spaces IPO listing was almost in line with the grey market's estimates. Ahead of their market debut, the unlisted shares of Smartworks Coworking Spaces were trading at ₹432 per share, reflecting a grey market premium of ₹25, or 6.14 per cent over the issue price, revealed sources tracking unofficial market activity. Should you book profit or hold? Shivani Nyati, head of wealth, Swastika Investmart, remains optimistic about the company's long-term outlook. "The company has posted growth in its top line with cash earnings before interest, taxes, depreciation, and amortisation (Ebitda) at gross levels," said Nyati, adding, "Its focus on MNC customers with long-term contracts has yielded the desired benefits." "Knowledgeable investors might park modest sums of money for the medium to long term, while others might consider taking profits," she added. Smartworks Coworking Spaces IPO details The public offering of Smartworks Coworking Spaces comprised a fresh issue of 10.9 million equity shares, aggregating to ₹445 crore, and an offer for sale (OFS) of up to 3.4 million equity shares worth ₹137.56 crore. It was offered at a price band of ₹387 and ₹407 per share, with a minimum lot size of 36 shares from July 10–July 14. Smartworks Coworking Spaces IPO received a positive response from investors and ended up getting oversubscribed by 13.45 times, riding on the back of the Qualified Institutional Buyers (QIBs), who oversubscribed the category reserved for them by 24.41 times. This was followed by the Non-Institutional Investors (NIIs) at 22.78 times, and Retail Investors at 3.53 times. Smartworks Coworking Spaces will not receive any proceeds from the offer for sale. The funds raised through the OFS will go directly to the selling shareholders. The company, however, proposes to use the net proceeds from the fresh issue to repay or prepay certain borrowings, invest in capital expenditure for fit-outs in new centres, and cover security deposits for these new centres. A portion of the funds will also be directed towards general corporate purposes. About Smartworks Coworking Spaces Smartworks Coworking Spaces Ltd (SCSL), incorporated in 2015, is India's largest managed campus operator offering 8.99 mn sq. ft. of leased and managed space across 50 centers in 15 cities (as of March 2025). Catering to mid-to-large enterprises, SCSL converts bare-shell properties into fully serviced, tech-enabled campuses featuring amenities like cafeterias, gyms, crèches, medical centers, and convenience stores to boost productivity and employee well-being. As of June 2025, it had a total capacity of 231,548 seats across 48 operational centers (190,421 seats), 2 under fit-out (15,042 seats), and 4 upcoming (26,085 seats).
