Nsdl share price: The shares of National Securities Depository Limited (NSDL), which provide depository services, were listed on BSE on August 6 and since then its shares have been continuously climbing up. Since its ₹ 800 shares were listed at 10% premium, in just three days, the capital of IPO investors has been increased by about 67.82% in just three days. Talking only today, today its share in intra-day jumped 19.53% to ₹ 1342.60. Some investors took advantage of this fast but it is still in a very strong position. It closed at ₹ 1300.30 at the last of the day at the last of the day at ₹ 1300.30.
NSDL vs CDSL: How much difference in the price?
In three days, NSDL shares climbed 52.57% from a listing price of ₹ 880 to high of ₹ 1319.80, while on the other hand, CDSL shares jumped a little more than half a percent more than half a percent to ₹ 1,576.60 today. With the rise of three days, the valuation of NSDL has now become expensive than CDSL. NSDL shares are at 73 times as compared to CDSL’s 62 times based on one year forward earnings. However, an analyst has just started its coverage.
NSDL IPO got great response
NSDL’s ₹ 4,011.60 crore IPO was opened from July 30 to August 1 for subscription. This IPO received good response from investors and overall it was subscribed at 41.02 times. It had 103.97 times the part reserved for qualified Institutional Buyers (QIB), 34.98 times the share of non-institutional investors (NII) and the retail investors were 7.76 times the share and 15.39 times. No new share has been released under this IPO, so no money was received by NSDL. Under the IPO’s offer for cell window, 5,01,45,001 shares with a face value of ₹ 2 have been sold and the shareholders selling the entire money have been received.
About NSDL
NSDL, built in the year 2012, has a registered market infrastructure institution (MII). It works as a securities depository in the country. Its job is to maintain the electronic record of the allotment of securities and the transfer of ownership. It provides services like demarlization, trade settlement, off-market transfer, mortgage of securities etc. Talking about the financial health of the company, it has been strongly strengthened.
In FY 2023, it made a net profit of ₹ 234.81 crore, which jumped in the next financial year 2024 to ₹ 275.45 crore and in FY 2025 to ₹ 343.12 crore. During this period, the company’s revenue increased to ₹ 1,535.19 crore from the compound rate (CAGR) of more than 18% annually. During this period, the company’s reserve and surplus have also increased, which rose ₹ 199.08 crore in FY 2023 and ₹ 216.32 crore in FY 2024 to ₹ 232.31 crore in FY 2025.
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