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NSDL IPO Listing Date: Profit or Loss? Check latest GMP, share price predictions

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NSDL IPO Listing Date: The shares of National Securities Depository Limited (NSDL) is expected to be listed on Wednesday, August 6 on the BSE and NSE, with trading expected to commence at 10:00 AM IST. The bidders who got the shares of NSDL can expect a listing gains of Rs 2,340 per lot. A lot of NSDL IPO consists of 18 shares. The latest GMP of NSDL IPO is Rs 130, it is indicating a potential listing price of around Rs 926 per share, around 16.25 per cent premium over the upper price band of Rs 800. The bidders can expect an estimated profit of Rs 2,340. NSDL IPO Share Price Predictions NSDL IPO estimated listing price is between Rs 930 to 935. As per financial portal chittorgarh.com, the bidders can expect listing price around Rs 930, 16.25 per cent up from the allotment price of Rs 800. NSDL IPO GMP Predictions According to multiple websites tracking GMP, the grey market premium for NSDL IPO is currently Rs 130, indicating a potential listing price of around Rs 930 per share, around 16.25 per cent premium over the upper price band of Rs 800. The bidders can expect an estimated profit of Rs 2,340.However, investors must note that GMP is not an official indicator and listing gains may vary due to market volatility. NSDL IPO Allotment Status Link- in.mpms.mufg.com/Initial_Offer/public-issues.html. How to check NSDL IPO allotment statusOpen the website of MUFG Intime India Private LimitedGo to MUFG Intime India Private IPO allotment page- in.mpms.mufg.com/Initial_Offer/public-issues.htmlSelect the name on company under 'Select IPO' categoryName of NSDL will be added once the allotment is outSelect PAN and enter details belowEnter Captcha and click on SubmitNSDL IPO allotment status will be displayed on your screen.NSDL IPO Subscription StatusThe National Securities Depository Ltd (NSDL) IPO witnessed strong demand, getting subscribed 41 times on the final day of bidding, Friday. The Rs 4,011 crore public offering attracted bids for 1,44,03,92,004 shares against the 3,51,27,002 shares available, reflecting a 41.01 times overall subscription, according to data from the NSE.The institutional portion led the surge, with Qualified Institutional Buyers (QIBs) subscribing 103.97 times their allocated quota. Non-Institutional Investors (NIIs) subscribed 34.98 times, while Retail Individual Investors (RIIs) subscribed 7.73 times.NSDL had already raised over Rs 1,201 crore from anchor investors ahead of the IPO on Tuesday. The price band for the offer was set at Rs 760–800 per share.NSDL IPO DetailsThis IPO is entirely an Offer for Sale (OFS) of 5.01 crore shares, meaning NSDL itself won’t receive any proceeds from the issue. Shares are being sold by existing shareholders, including the National Stock Exchange (NSE), State Bank of India (SBI), HDFC Bank, IDBI Bank, Union Bank of India, and SUUTI (Specified Undertaking of the Unit Trust of India).Once listed, NSDL will become India’s second publicly traded depository, following Central Depository Services Ltd (CDSL), which was listed on the NSE in 2017.ICICI Securities Limited is the book-running lead manager of the NSDL IPO , while MUFG Intime India Private Limited (Link Intime) is the registrar for the issue. NSDL is a SEBI-registered market infrastructure institution offering a wide range of products and services to the financial and securities markets in India.(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)