NSDL IPO GMP: NSDL's IPO closed with a 41.02x subscription, raising Rs 4,011.16 crore. The allotment is on August 5, and listing on BSE and NSE on August 6.

The ₹4,011 crore NSDL IPO received an overwhelming 41x subscription, making it one of the most talked-about public issues of the year. With allotment expected today, August 4, and listing just around the corner, here’s everything investors must know — from how to check their allotment status to grey market trends and listing day predictions.
🏦 NSDL IPO: Massive Response Across Investor Categories
- Total Subscription: 41.01x
- QIB Subscription: 103.97x
- NII Subscription: 34.98x
- Retail Subscription: 7.76x
With such robust demand, especially from qualified institutional buyers, NSDL’s debut on Dalal Street is expected to be high-energy.
🧾 IPO Details at a Glance
Particulars | Details |
---|---|
IPO Size | ₹4,011 crore |
Price Band | ₹760 – ₹800 |
Allotment Date | August 4, 2025 |
Listing Date | August 6, 2025 |
Stock Exchanges | BSE & NSE |
Face Value | ₹2 per share |
Grey Market Premium (GMP) | ₹120 (Expected Listing: ₹920) |
📈 GMP Signals Strong Listing Momentum
Market observers note that NSDL’s unlisted shares are commanding a GMP of ₹120, suggesting a potential listing price of around ₹920, which is about 15% higher than the IPO upper band. However, investors should note that GMP is speculative and not a guaranteed indicator of listing performance.
📍 Why NSDL’s Listing Is Historic
NSDL will become India’s second publicly traded depository, following CDSL’s 2017 listing. As the backbone of India’s capital markets infrastructure, NSDL holds dematerialized securities worth over ₹300 lakh crore, making its public debut a landmark event in Indian market history.
✅ Allotment Status – Step-by-Step Guide
You can check whether you’ve been allotted NSDL IPO shares through any of the following methods:
🖥️ Option 1: MUFG Intime India (Registrar Website)
🔗 Check Allotment – MUFG Intime
- Select “NSDL” from the dropdown
- Enter your PAN / Application Number
- Click Submit and view status
📊 Option 2: BSE India
- Choose “Equity” under Issue Type
- Select “National Securities Depository Limited”
- Enter Application No. & PAN
- View the result
🌐 Option 3: NSE (If enabled)
- Visit NSE’s IPO section via nseindia.com
- Enter PAN or Application Number
- Check status under Allotment section
📱 Option 4: Through Your Broker (Zerodha, Groww, etc.)
- Login to your broker app/portal
- Navigate to “IPO > Allotment”
- Select NSDL IPO and enter your details
- View your status instantly
📅 Listing Day Outlook – August 6, 2025
NSDL shares will list on both BSE and NSE, and given the strong GMP, a positive listing gain of 10-15% is anticipated. However, market conditions and global sentiment may impact the final debut.
📌 Final Take
The NSDL IPO shows strong signs of success — both in terms of institutional faith and retail participation. Whether you’ve received an allotment or not, this listing marks a historic moment in India’s financial markets.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.