- Shares of National Securities Depository Ltd. rose nearly 10% on Monday
- The IPO price was Rs 800, and the stock listed at Rs 880 on August 6
- By Friday, the stock was up 66% over its IPO price, reaching Rs 1,339 intraday
Shares of National Securities Depository Ltd. rose nearly 10% on Monday, continuing their post-listing rally for the fourth consecutive session. The stock made a stellar debut on the Street at a 10% premium over its issue price on Aug.6. The IPO price was Rs 800 and the scrip listed at Rs 880.
By Friday, the stock was up 66% over its IPO price. The stock gained as much as 19% intraday to Rs 1,339 on Friday.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
The initial pubic offering from India's oldest and largest depository was entirely an offer for sale of up to 5.01 crore equity shares by existing shareholders, including IDBI Bank, the National Stock Exchange of India, and the State Bank of India. The share sale fetched selling shareholders Rs 4,012 crore.
The IPO raised Rs 1,201.44 crore from anchor investors, including Life Insurance Corporation of India, Capital Group and Fidelity.
NSDL Share Price
Shares of NSDL rose as much as 9.59% to Rs 1,425 apiece. They pared gains to trade 8.21% higher at Rs 1,407.05 apiece, as of 10:30 a.m. This compares to a 0.36% advance in the BSE Sensex.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.