The long-awaited market debut of National Securities Depository Ltd (NSDL) turned out to be a celebration for investors. The stock listed at ₹615 on the BSE, reflecting a 10% gain over its issue price of ₹560.
🌐 Why the Buzz Around NSDL?
NSDL is no ordinary listing. As India’s first and largest depository, it manages ₹330+ lakh crore in demat assets and caters to over 2 crore investors. Its role in India’s financial infrastructure is foundational—ensuring seamless settlement of shares and safeguarding securities digitally.
The IPO, oversubscribed 22.3 times, drew enthusiastic participation from institutional investors, mutual funds, and retail buyers alike.
💡 Analyst Insights
Experts see NSDL as a high-moat business with recurring revenues, regulatory protection, and scalability. The company operates in a duopoly alongside CDSL, and its listing is expected to trigger renewed investor interest in market infrastructure players.
With India’s retail investor base growing exponentially, NSDL is well-positioned to ride the fintech and demat revolution, making it a potential long-term wealth compounder.