The IPO of NSDL

There is some great news in the Stock Market.The company that stores your shares is now coming up with its own IPO. Yes,NSDL is coming up with a 3000 crore IPO and here's everything you need to know about it so that you can prepare yourself to be on time for the IPO.

NSDL is India's premier securities depository firm which is racing against time to launch its IPO this month. The company needs multiple regulatory approvals due to its market infrastructure institution status and the IPO deadline is expiring very soon with final approvals expected by September 2025. But sources say we might see the launch by early April with listing in the same month or the next month.

But here's what's interesting about NSDL. NSDL's financials are looking strong,their net profits jumped 30% to 85.8 crore in the last quarter. NSE, SBI and HDFC bank who had invested in NSDL plan to offload 5.72 crore equity shares in this offer for sale. This could be one of the biggest financial sector IPOs of the year and I don’t know about you guys but I will most definitely try to buy at least a single lot of shares.

So Will you be investing in NSDL? Let me know in the comments.