NSDL IPO
Financial Services - Listed on 06 August 2025
NSDL IPO listing summary
NSDL (Financial Services) closed its IPO window in 2025 and listed on NSE and BSE on 06 August 2025 at an upper band issue price of Rs 800, opening at Rs 880 for a listing gain of +10.0% and closing day one at Rs 936 (+17.0% on closing basis). The IPO was subscribed 41.00x overall - QIB 103.97x, HNI/NII 34.98x, Retail 7.73x. The total issue size was Rs 4,011.6 Cr (Fresh Issue Rs 0 Cr, OFS Rs 4011.6 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
NSDL IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 135 | +16.88% |
| Day 2 | Rs 135 | +16.88% |
| Day 3 | Rs 128 | +16.00% |
| Day 4 | Rs 133 | +16.63% |
| Day 5 | Rs 133 | +16.63% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the NSDL IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
NSDL IPO - FAQs
What was the listing gain of NSDL IPO?
NSDL IPO listed at +10.0% versus the upper issue price of Rs 800 on 06 August 2025.
How many times was NSDL IPO subscribed?
NSDL IPO was subscribed 41.00x overall. QIB portion was subscribed 103.97x, HNI / NII 34.98x and Retail 7.73x.
What was the IPO GMP for NSDL?
IPO GMP started at Rs 135 on Day 1 and moved to Rs 133 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.