Drashti Chheda NSDL’s IPO is finally ready for launch, with a price band of ₹760 to ₹800 per share. The offer opens for subscription on July 30 and closes on August 1, with anchor bidding kicking off on July 29. At the higher end of the band, the company’s market cap is pegged at ₹16,000 crore.
While some were surprised by the IPO pricing, especially when compared to its recent unlisted market rates of around ₹1,025, early unlisted investors still stand to benefit. Many entered the stock at significantly lower levels over the past couple of years, making this IPO a potential milestone in their wealth creation journey.
The pre-IPO market, after all, is designed for those willing to take early positions and hold with conviction. It rewards investors who spot growth stories before the crowd catches on. In the case of NSDL, its strong financials, stable profits, and critical role in India’s capital markets made it an attractive pick long before IPO headlines arrived.
This pricing move also mirrors a growing trend among IPO-bound companies—opting for realistic valuations to attract wider retail and institutional participation. Previous examples like Tata Technologies and UTI AMC followed similar paths, focusing on sustainable listing momentum over inflated expectations.
For retail investors coming in now, the IPO offers a chance to invest in a market infrastructure giant at a fair valuation. For early unlisted shareholders, this is a moment of validation. And for everyone else, it’s a reminder that value often begins forming long before the listing bell rings.
NSDL’s listing is more than just a financial event—it’s a case study in patience, timing, and backing strong businesses early.
