Mumbai based Securities Depository Company NSDL files DRHP with SEBI for the proposed IPO; Key Details here

NSDL is into Financial Services Securities Depository and is looking raise funds through Offer For Sale

NSDL. Offer of Sale of 57,260,001 Equity Shares through public issue IPO

NSDL IPO: National Securities Depository Limited has filed Draft Red Herring Prospectus (DRHP) for proposed initial public offer (IPO) and raise funds through an offer of equity share capital having face value of Rs. 2 per share via initial public offering.

Promoters of NSDL are The Company is a professionally managed company and does not have any identifiable promoter and holds 100% stake in the company.

Key Details:

• Initial Public Offer comprising of a OFS of upto 57,260,001 Equity Shares..
• ICICI Securities, Axis Capital, HSBC Securities and Capital Markets, IDBI Capital Markets, Motilal Oswal Investment Advisors, SBI Capital Markets have been appointed as lead merchant bankers for the proposed IPO.
• It has appointed Link Intime (India) Pvt. Ltd. as Registrar and Share transfer Agent.
• Company is yet to finalize issue size and some other important details relating to the IPO.

Details about upcoming IPO:
As per the details available in DRHP, fundraising will consist of an Equity Shares offer-for-sale (OFS) of up to 57,260,001 equity shares by OFS Comprises of upto 57,260,001 equity shares from existing Investors selling shareholders including IDBI Bank Limited, National Stock Exchange of India Limited, Union Bank of India, State Bank of India, HDFC Bank Limited and Administrator of theSpecified Undertaking of the Unit Trust of India..

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Objects of the issue:
1) Listing of the Equity Shares will enhance the visibility and brand and provide liquidityto its existing Shareholders, 2) achieve the benefits of listing the Equity Shares on BSE.

About Company:
NSDL is India’s pioneer depository, enabling paperless demat, settlement, e-voting, KYC, and a host of investor services. NSDL backs the country’s capital market infrastructure for equity, debt, mutual funds, and government securities, with a robust stakeholder base (IDBI, NSE, SUUTI). With over 2 crore demat accounts and millions of transactions processed annually, NSDL’s seamless digital ecosystem fosters market transparency and efficiency. The company continues to innovate in digital investor services and compliance.

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About Industry:
The Indian depositories segment comprises infrastructure entities safeguarding and settling securities electronically. With the digitisation of financial markets and stringent SEBI regulations, depository services are mission-critical for India’s growing and increasingly retail-driven capital market ecosystem.

Source: SEBI, BSE, NSE, DRHP, NSDL, Industry Data

Disclaimer: Above article only publishes details about the IPO for educational purpose and doesn't solicit or invite any interest to invest. Please visit respective sources to verify and know more details about the IPO. We advise investors to take opinion from certified/SEBI registered experts before taking any investment decisions.