
NSDLs 4,000 crore IPO to open after months of delay
NSDL will elevate funds all by way of OFS as a way to adjust to the SEBI laws which mandates stake holders not maintain greater than 15% of the entire capital. | Photo Credit: REUTERS
NSDL will elevate funds all by way of OFS as a way to adjust to the SEBI laws which mandates stake holders not maintain greater than 15% of the entire capital. There isn’t any recent subject. The IPO is priced at ₹760 to ₹800 a share and allotted in a lot of 18 and multiples thereof. The complete valuation of the corporate was ₹16,000 crore. IDBI Bank, NSE, Union Bank of India, State Bank of India, HDFC Bank and Administrator of the Specified Undertaking of the Unit Trust of India are the diluting shareholders of the corporate.
Originally, the corporate had floated its prospectus in 2023 for an IPO measurement of 5.7 crore shares. Later, after observations and deliberations with the capital market watchdog, NSDL refiled its IPO paperwork with restated monetary statements, danger components amongst others, in May 2025, after it obtained SEBI’s node in October 2024. The addendum to the DRHP was for a lesser measurement of a little bit greater than 5 crore shares, which is now the scale.
Among a bunch of enterprise dangers, NSDL had reported 16 technical glitches in 2025 alone, in its DRHP and SEBI had taken notice of it. The monetary disincentives have been nevertheless paid by the corporate, it stated in its prospectus. “If we’re unable to effectively and successfully keep and improve our system safeguards and safety features, each on the major and the catastrophe restoration web site, we could incur surprising prices and liabilities; and sure of our programs could grow to be extra susceptible to unauthorised entry and/or misuse of our programs,” the corporate stated in its prospectus.
“These are areas that occur as part of routine operations of depository, and they’re attended to in a matter of minutes” Vijay Chandok, MD , NSDL advised the media answering queries and guaranteed that a few of these had occurred exterior buying and selling. He additionally reiterated that NSDL was making important investments to extend technological improvements.
The IPO opens on July 30 and closes on August 1.
Published – July 25, 2025 09:38 pm IST
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