1. At a Glance
NSDL is coming to the bourses with a ₹4,011.6 crore IPO, entirely an Offer for Sale of 5.01 crore shares. Price band is ₹760–₹800. Retail can apply with just ₹13,680, but remember: you’re buying from sellers who are cashing out after a 39,900% joyride. Listing is on BSE, expected August 6, 2025.
2. Introduction
Think of this IPO like buying a used iPhone—pristine, reliable, but you’re paying a premium for something others have already milked. NSDL is the backbone of India’s stock market, and yet its IPO is priced 22% lower than its own unlisted value. A discount or a trap? That’s what we decode.
3. Business Model – WTF Do They Even Do?
NSDL is India’s first depository. It:
- Holds your stocks electronically.
- Settles trades like a silent ninja.
- Manages corporate actions, pledges, and e‑voting.
- Runs
