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NSDL IPO: The IPO of National Securities Depository Limited (NSDL) was open from July 30 to August 1. During this time it received great response from investors. On the third and last day of bidding on 1 August, the IPO was subscribed to a total of 41 times. There was a bid of 144.03 crore shares for 3.51 crore shares. Retail investors bid 7.73 times, non-institutional investors (NII) 34.98 times and (QIB) 103.97 times more.

After the subscription, now investors are waiting for share allotment, which is expected to be on August 4. After the allotment, the shares received by investors on August 5 will be deposited in their demat account and the process of refund will also start from the same day for those who do not get shares. The listing of IPO on BSE and NSE is proposed to be on August 6. Investors can check NSDL IPO allotment status on BSE and NSE.

How to check the status on BSE

• First of all, visit the BSE website https://www.bseindia.com/investors/appli_check.aspx.
• Now choose ‘equity’ in the issue type.
• After this, go to Dropdown Menu and choose ‘National Securities Depository Limited’ in ‘Issue Name’.
• Now enter your application number or PAN number.
• Write ‘captcha’ for verification.
• Now click on ‘Search’ to check your allotment status.
• You will see your allotment status on the screen.

How to check on NSE NSDL iPO Allotment Status

• First of all, go to the IPO allotment page on the NSE website.
• Now select ‘Equity and Sme IPO Bid Details’.
• Choose the company’s symbol ‘NSDL’ from the dropdown list for Issu Symbal.
• Now enter your PAN detail and application number.
• To check the share allotment details, click on the ‘Submit’ button.

How to check NSDL iPO status at MUFG INTIME

• Go to the IPO allotment page on the official website of the issue registrar.
• Now select the company’s name ‘National Securities Depository Limited’ from the drop down menu.
• It is important to keep in mind that the name of the company will be seen only after the share allotment status is finalized.
• PAN, application number, DP ID or account number should be selected one of these options.
• Fill your details according to the option selected.
• With clicking ‘search’, you will see your allotment status on screen.

NSDL IPO’s GMP today

On August 3, that is, NSDL IPO’s GMP is trading at a premium of Rs 120 in the gray market on Sunday, while on August 2, its GMP was Rs 118. That is, it has jumped 2 rupees in just one day. The price of IPO is Rs 800 per share. On this basis, the estimated listing can be at Rs 920 (Rs 800 +120 rupees GMP). That is, profits are expected up to 15 percent per share.

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The wait is over! NSDL’s IPO opened from today, stock is rocking in gray market

NSDL IPO: The IPO of India’s first and largest depository National Securities Depository Limited (NSDL) has opened from today. For investment in this, bids can be made by August 1. This issue is completely offer for sale (offs). That is, the money coming through it will not have the company, but will go to the pocket of the existing shareholders selling its stake.

The IPO consists of 5.01 crore equity shares. That is, shareholders like NSE, SBI, HDFC Bank, IDBI Bank and Union Bank of India are coming out of the company by selling 5.01 crore equity shares. A lot of NSDL IPO has 18 equity shares and the minimum investment amount for investors is Rs 14,400. NSDL’s listing in BSE is likely to be on August 6.

IPO is making a splash in the gray market

The price band for IPO has been fixed at Rs 760 to Rs 800 per share. Before opening, this IPO is blowing smoke in the gray market. NSDL IPO’s GMP in unlisted market is Rs 126. That is, before opening, the price of NSDL shares in the gray market was trading at a premium of 126. Keeping in mind the current premium in the upper price band and gray market of the IPO, the estimated listing price of NSDL shares has been stated to be Rs 926 per share, which is 15.75 % more than the IPO price of Rs 800.

What does the company do?

NSDL is the country’s first depository and demat account service, which was launched in 1996. The company provides its depository services for assets like equity, date, mutual funds, reits, invits, AIFs. Its demat account holders are spread over more than 99 percent PIN code and 186 countries around the world. NSDL has made it easy for investors to invest and manage shares in the financial system by facilitating the shares as a demat and transferring them.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

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