NSDL (National Securities Depository Limited) is a depository based company in India. NSDL plans to raise in excess of 1000 Crore INR through IPO. For NSDL IPO you can apply from different brokers like Zerodha, UpStox and so forth NSDL IPO Date is not announced yet at this point.
NSDL has around 2 crore DEMAT accounts opened with it as of December 2020. Here we give total data about NSDL IPO Date, NSDL IPO Price, NSDL IPO Allotment and NSDL IPO Listing 2021. Likewise, we will share NSDL IPO GMP when it is formally accessible.
NSDL IPO is here to make an enormous profit for us all. The Indian business administration firm National Securities Depository Limited will dispatch an IPO and set for the no holds barred rivalry in Stock Market. It will make the new paramount prominence among the different IPO of 2021.
What is NSDL?
NSDL(National Securities Depository Limited) is an e-government company and Business service provider in India. They serve the office regarding electronic securities deposits. Presently the company is absolutely ready to make entry into the securities exchange market with its IPO. The company will invite investors to show some interest in the development of this leading Indian firm.
There is no question or doubt that NSDL is a good company. As their business is secured and totally debt-free and as the Government is going for digitalization there are scopes to improve and opportunity for more business.
Apart from Demat, slowly the Government is also going to digitize for Degree Certificate also so that students have to give only a number of Certificates so Universities, Employers will download or view the same and students need not carry physical certificates everywhere.
Currently, IDBI Bank and National Stock Exchange, which are the promoters and initial investors of NSDL, hold around 30% and 24% stake in the company respectively. Axis Bank, Deutsche Bank, HDFC Bank, State Bank of India, Canara Bank, Kotak Mahindra Life Insurance and Standard Chartered Bank own 1-5% stake each in the company under ‘the general public’ category.
“Both NSE and IDBI Bank are hoping to extinguish their full investments over a period of time as they need to zero in more on their core businesses,” another executive involved in the process, told the economics times.
Efforts were at first made to cut private equity deals, yet those didn’t yield results, the officials said.
The company is estimated to be valued at Rs 3,500 crore, about 25% more than rival CDSL, said the market experts. According to the distribution, NSDL held dematerialised securities valued at Rs 197.24 lakh crore as of January 31, 2021.
NSDL has a network of more than 276 depository members, through which it provides depository services to investors, stockbrokers, stock exchanges, custodians and issuer companies. It additionally drives investor awareness programs, which are aimed at making investors aware of different aspects of investing.
What will be the release date for NSDL IPO?
National Securities Depository Ltd (NSDL), the larger of the country’s two depositories, may before long come out with an underlying public offer in the next few months to give fractional or full exit to some existing shareholders. The IPO could raise more than Rs 1,000 crore when it is listed on the market.
As per a report in the Economic Times, NSDL is currently selecting bankers for the IPO. The offer is likely to be for a 30% stake and the depository has met a gathering of investment bankers recently with the proposition, the distribution mentioned referring to three unnamed people aware of the development.
But, due to the current pandemic situation, there might be a delay in the release of D(RHP)
|RELEASE DATE||To Be Announced|
|LAST DATE FOR APPLICATION||To Be Announced|
|TOTAL IPO SIZE||Rs 1000 cr (Predicted)|
|MINIMUM LOT||To Be Announced|
|1 LOT PRICE||To Be Announced|
|SHARE PRICE||To Be Announced|
|ALLOTMENT DATE||To Be Announced|
|LISTING DATE||To Be Announced|
What could be the listing share price for NSDL IPO?
Assuming the NSDL share price, we need to tell you that the share price will be available here when the authority issue size comes to our knowledge. According to expectations, it will be above Rs 250. but the genuine price will be disclosed in a few months. The issue price is yet to be released formally by the company and according to the expectations, it will be huge beyond our suspicions.
There was news of Axis bank selling its stake in NSDL for 163 cr to HDFC bank. Axis bank sold 19,79,900 shares at a price of Rs 825 per unit.
This news came on October 26 2018, on moneycontrol.
Comparison with CDSL:
Central Depositories Services India Ltd. (CDSL) and National Securities Depository Ltd. (NSDL) are both governments registered share depositories in India. Share depositories hold shares in an electronic form.
In earlier days where share exchanging was available just in offline modes, shares were held as actual paper certificates. CDSL and NSDL are to share what banks are to cash and fixed deposits. Banks help you to keep your money in electronic form as opposed to actual money in your almirahs and share depositories help you in putting away shares in a dematerialised form.
What Is the Difference between CDSL and NSDL?
|1.||The stock exchange they work for||National Stock Exchange||Bombay Stock Exchange|
|2.||Year of Establishment||1996||1999|
|3.||Number of depository participants registered||278||599|
|4.||Total number of Investor Accounts||1.95 crore||2.11 crore|
|5.||Demat account number format||16-digit alphanumeric number. Account number begins with ‘IN’ followed by 14 numeric digits||16-digit Demat account number|
**ALL THIS DATA IS AS OF 14TH MAY 2021
What kind of service is offered by NSDL and CDSL?
In the event that you see, the NSDL and CDSL difference lie just in their names, promoters and record number formats. The essence of both the depositories is the same. They offer comparable services, they work the same way and their strategy is the same. As an investor, you can profit from the services of CDSL and NSDL through a depository member.
A DP could be a monetary organization, a broker, an overseer or a bank. You can open a Demat account with any DP. The depository member is required to provide every one of the shareholders with a statement of record of the multitude of securities held and traded at the depositories.
What will be the GMP(Grey Market Premium) of NSDL?
GMP is not announced yet, But when there will be official information about the GMP we will update you about this, make sure you have your notification turned on to get the latest update from our website.
How to apply for NSDL IPO?
Now, you can apply for the IPO through the normal IPO application process using Zerodha, Upstox or any other broker and if you don’t know how to apply for IPO read our blog on ‘Easy Step by Step guide to apply for IPO in India’.
But, honestly speaking getting allotted for an IPO is like winning a lottery and it depends on your luck. If you do get allotted then read our blog on ‘How to make money using IPO in India’.
Application of IPO is subject to the block of funds with the bank account so during UPI ID application enable the Auto Pay option.
What will the NSDL IPO pricing range be?
The price band for NSDL’s IPO will be defined by procedural book-building methods. The company has yet to decide on and publicise the issue price.
We will update this page as soon as we receive pricing information from a reliable source.
To date, the NSDL IPO process has not yet started and hence nobody is aware of the listing price. My personal opinion suggests that the Government will keep pricing on the lower side and not like Private players.
Hence this IPO is a good bet and a good investment for the long term.
You can invest for long term growth or can apply for the listing gains if the IPO covers all the parameters.