SEBI (Securities and Exchange Board of India) permits NSDL(National Securities Depository Limited) to launch an IPO (initial public offering) to enhance the company’s capital structure. Moreover, this approval was awaited for over a year after the initial application was submitted.
This IPO is totally OFS (offer for sale) with the six shareholders letting go of their position. Moreover, IDBI bank plans to discard 2.22 crore shares, NSE will be sold off by 1.80 crore shares, Union Bank of india to sell 56.25 lakhs and State Bank of India, and HDFC Bank will offload 40 lakh shares each as per the DRHP.
Presently, in the NSDL company, NSE holds 24 percent of ownership and the largest stake has been held by IDBI 26 percent.
Shares of Central Depository Services (CDSL) soared by 0.5% to Rs 1,375, expanding its total value to Rs 28,738 crore.
NSDL, one of the largest Depositories in the World, was established in August 1996 In order to support investors and brokers in India’s capital market NSDL has invented novel and innovative technology. In addition, Electronic access to information and electronic transfer are the strengths of this company.
Further financial of this statements; audited Revenue from operations is 47,305.69 lakh and unaudited is 12,607.48 on 31st march 2024. Profit before Tax is 5,940.05 lakh in FY 2024, Net Profit after tax amount is 6,733.96 which is unaudited and 4,857.06 lakh is of FY 2024.
NSDL IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
NSDL Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2021 | ₹526.12 | ₹279.54 | ₹188.57 |
| 2022 | ₹821.29 | ₹541.69 | ₹212.59 |
| 2023 | ₹1,099.81 | ₹789.94 | ₹234.81 |
NSDL IPO Valuation – FY2023
NSDL IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹11.74 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 16.43% |
| Net Asset Value (NAV): | ₹71.44 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Central Depository Services Limited | 26.41 | 45.13 | 21.95% | 120.30 | 275.96 Cr. |
Objects of the Issue
- Carry out the Offer for Sale of up to 57,260,001 Equity Shares aggregating to ₹[●] million by the Selling Shareholders; and
- Achieve the benefits of listing the Equity Shares on BSE.
IPO Lead Managers aka Merchant Bankers
- ICICI Securities Limited
- Axis Capital Limited
- HSBC Securities and Capital Markets (India) Private Limited
- IDBI Capital Markets & Securities Limited
- Motilal Oswal Investment Advisors Limited
- SBI Capital Markets Limited
