NSDL IPO GMP: Latest 2025 Listing Updates, GMP Trends & Analyst Signals

0
9
NSDL IPO GMP Latest 2025 Listing Updates, GMP Trends & Analyst Signals- VisaBabu.png

NSDL IPO GMP: What the Grey Market Premium Says About 2025’s Biggest Listing

The much-awaited National Securities Depository Limited (NSDL) IPO is set to open for public subscription on July 30, 2025, and the topic dominating investor chatter is the NSDL IPO GMP. Market watchers are closely monitoring every movement, as the current grey market premium offers a rare early glimpse into potential listing gains, demand, and the sentiment surrounding India’s first depository IPO in years.

NSDL IPO GMP Key Dates and Details in 2025

Event Date
IPO Opening Date July 30, 2025
IPO Closing Date August 1, 2025
Anchor Investor Bidding July 29, 2025
Allotment Finalisation August 4, 2025
Listing Date (BSE, NSE) August 6, 2025
Price Band ₹760–₹800 per share
Expected Market Cap (post-IPO) ₹16,000 crore
  • Lot size: 18 shares (min. investment: ₹14,400)
  • Issue size: ₹4,011.6 crore, entirely an Offer-for-Sale (OFS).

NSDL IPO GMP (Grey Market Premium): What Does It Signal in 2025?

  • The current NSE IPO GMP (as of July 28, 2025) stands at ₹135–₹140 per share.
  • This implies an indicative listing price of $935,935.40 (in dollars at an exchange rate of $1.50), translating to a $1,617 premium over the upper price band.
  • While the GMP reached a high of ₹165–₹170 when the Red Herring Prospectus (RHP) was released, it cooled slightly before the IPO due to market volatility.
  • GMP is a signal of prices that the investors are excited about, and although it is not officially recognized, it is technically unofficial and surrounded by swings of sentiment.

NSDL IPO GMP – Daywise Trend in 2025

Date GMP (₹) Listing Gain (%)
July 25 146 18.25
July 26 136 17.00
July 27 135 17.00
July 28 135–140 16–17

Based on the latest tracking from premium monitoring sources.

Who’s Selling and Who’s Gaining (Main Stakeholders of NSDL IPO GMP)

Shareholder Shares Sold Cost Price (₹/share) Estimated Return (₹ crore)
SBI 40 lakh 2 320
IDBI Bank 2.22 crore 2 1,776
SUUTI 34.15 lakh 2 273.2
HDFC Bank 20 lakh 108.29 gain of ~638%

NSDL Financial Strength at a Glance in 2025

Metric FY2024 FY2025 Growth (%)
Revenue (₹ Cr) 1,365.71 1,535.19 12
PAT (₹ Cr) 275.45 343.12 25
PE Ratio 46.63
EPS 17.16
RoNW 17.11%
  • More than 3.95 crore openings of demat accounts (March 31, 2025)
  • DP service centres: 65,391 (biggest in India)

Should You Subscribe to the NSDL IPO GMP? Analyst Opinions & Market Sentiment in 2025

  • Analysts cite the following reasons: reasonable pricing compared to CDSL, guaranteed business expansion, significant barriers to entry, and listing profitability.
  • Brokerage: Conventional yet stable revenue and a monopoly-like place within a duopoly (the peer being CDSL).
  • Risks identified: The entire IPO is an OFS (no new money is being raised), with regulatory risks, competition, and reliance on institutional clients.

Pros

  • Strong GMP, robust demand
  • Solid financial performance and institutional backing
  • Key part of India’s capital market infrastructure

Cons

  • Due to the OFS structure, the company did not receive any direct capital inflows for growth.
  • Signals on the grey market are subject to swift fluctuations.

NSDL vs CDSL: Quick Comparison Table of 2025

Feature NSDL CDSL
Demat Accounts 3.95 crore ~10 crore
DP Service Centres 65,391 18,918
Listing History 2025 2017
Ownership Multiple Banks/FIs BSE Ltd
Revenue (FY2025) 1,535.19 cr Comparable

 

For more updates like this, please visit- visababu.com/news/

Frequently Asked Questions (FAQs)

Q1: What is the latest IPO GMP of NSDL?

The NDSL IPO GMP at the time of writing, on July 28, 2025, is ₹ 13,514 per share, which means a listing profit of 1,617 percent over the higher price bracket.

Q2: What are the key dates of the NSDL IPO?

The subscription period is from July 30 to August 1, 2025. The stock is allotted on August 4, 2025, and it lists on August 6, 2025.

Q3: What will be the lot size and minimum investment on the NSDL IPO?

One lot consists of 18 shares, which costs 14,400 at the higher end of the price band.

Q4: Whose shareholders do you think will sell in this IPO?

The key sellers are SBI, IDBI Bank, SUUTI, HDFC Bank, NSE, and Union Bank of India, and they have an aggregate of 5.01 crore shares to sell.

Q5: What is the comparison of the business of NSDL with that of CDSL?

It has the most extensive network and account base and is supported by major institutions as a depository in India, known as NSDL. CDSL is more retail with an earlier listing.

Q6: What are the principal risks of the NSDL IPO?

The risks may include market volatility, OFS structure, and competitive threats posed by CDSL, as well as regulatory uncertainties.

Q7: Will the NSDL IPO be oversubscribed?

An early indication of the grey market and institutional interest suggests strong demand; the actual subscription numbers, however, will be more telling when the issue is released.

Q8: What is the procedure for applying to the NSDL IPO?

Retail investors will be able to submit their bids through their brokers’ Internet/ASBA system in lots of 18 shares, with a cut-off date of August 1, 2025.

LEAVE A REPLY

Please enter your comment!
Please enter your name here