NSDL Gears Up for IPO: "Expected Issue Size, Shareholders & More"
National Securities Depository Limited (NSDL), India’s leading depository institution, is gearing up for its much-anticipated Initial Public Offering (IPO), expected to launch between March and April 2025 . This IPO will enable NSDL to expand its shareholder base and meet regulatory compliance requirements. IPO Details Type of Offering: The IPO will be a pure Offer for Sale (OFS) , meaning existing shareholders will sell a portion of their stakes. Issue Size: The offering is expected to raise around ₹3,000 crore . Number of Shares Offered: Up to 57.26 million equity shares will be offloaded by existing investors. Use of Proceeds: Since it is an OFS, NSDL itself will not receive any direct proceeds. Price Band and Lot Size: The exact details regarding the price range and minimum lot size are yet to be disclosed. Promoters and Shareholding Pattern Several major financial institutions will be reducing their stakes in NSDL through ...