Bhubaneswar: National Securities Depository Limited (“NSDL” or “Company”), shall open its Bid/Offer in relation to its initial public offer of Equity Shares on Wednesday July 30, 2025.
The initial public offering comprises of an offer for sale of up to 50,145,001 Equity Shares by the Selling Shareholders (“Total Offer Size”).
The price band for the Offer is at ₹ 760 to ₹ 800 per Equity Share. (“The Price Band”).
Bids can be made for a minimum of 18 Equity Shares and in multiples of 18 Equity Shares of face value of ₹2 each thereafter.
The Offer for Sale of up to 50,145,001 Equity Shares comprises up to 22,220,000 Equity Shares by IDBI Bank Limited; up to 18,000,001 Equity Shares by National Stock Exchange of India Limited; up to 5,00,000 Equity Shares by Union Bank of India Limited; up to 4,000,000 Equity Shares by State Bank of India Limited; up to 2,010,000 Equity Shares by HDFC Bank Limited and up to 3,415,000 Equity Shares by Administrator of the Specified Undertaking of the Unit Trust of India. (“Selling Shareholders”).
The Equity Shares are being offered through the Red Herring Prospectus of the Company dated July 23, 2025 filed with the Registrar of Companies, Maharashtra at Mumbai. (“ROC”)
The Equity Shares offered through this Red Herring Prospectus are proposed to be listed on BSE Limited (“BSE”). For the purposes of the Offer, the Designated Stock Exchange shall be BSE.
ICICI Securities Limited, Axis Capital Limited, HSBC Securities and Capital Markets (India) Private Limited, IDBI Capital Markets & Securities Limited, Motilal Oswal Investment Advisors Limited and SBI Capital Markets Limited are the book running lead managers to the Offer (The “BRLMs”) and HDFC Bank Limited is the marketing book running lead manager (“The M-BRLM”).
All capitalised terms used herein but not defined shall have the same meaning as ascribed to them in the RHP.
