NSDL IPO GMP stands firm at ₹135–₹145, suggesting a healthy 17–18% listing gain over the ₹800 upper price band. Here’s full coverage: IPO structure, GMP trend, anchor investors, and whether to apply.
📈 NSDL IPO & GMP at a Glance
- Price Band: ₹760–₹800/share — upper end ₹800 (turn0news20)
- IPO Size: ₹4,011.6 crore via sale of 5.01 crore shares (OFS only) by SBI, NSE, IDBI, HDFC, SUUTI, Union Bank, etc.(turn0search3, turn0news19)
- GMP Today: ₹135–₹145 per share — translating to ~17–18% spread above ₹800 (turn0search0, turn0search9, turn0search7, turn0search4)
🔥 Why the GMP Is Strong
- Institutional backing by marquee shareholders gives confidence: SBI, NSE, IDBI, HDFC Bank, Union Bank, SUUTI.(turn0search3, turn0news19)
- Monopoly infrastructure role: NSDL holds ~70–80% of India’s demat accounts, solidifying its financial core importance.(turn0search0)
- Grey Market signals: GMP has cooled from ₹160–₹170 earlier this week to ₹135–₹145, reflecting slight moderation but still strong sentiment. Mint and Economic Times cite ~₹137 as of today.(turn0search7, turn0search1, turn0search8)
📊 Reading the GMP Trends
| Date | GMP Range | Implied Listing Price (@ ₹800) |
|---|---|---|
| July 22 | ~₹154 | ~₹954 (~19%) |
| July 25 | ~₹166–₹169 | ~₹965–₹969 (~21%) |
| July 28 | ₹135–₹145 | ~₹935–₹945 (~17–18%) |
A cooling trend—but still strong enough to suggest decent listing potential.(turn0search7, turn0search9)
Pros & ⚠️ Risks
✅ Key Strengths
- Prominent sponsors with share sale via OFS ensure transparency and reduced promoter dilution.
- Strategic significance in India’s capital markets gives structural confidence.
- GMP indicator signals strong early retail and institutional interest.
⚠ Things to Watch
- Grey market is unregulated and speculative, not a guarantee of performance.
- IPO is pure OFS, so no fresh capital is raised for NSDL—lack of growth capital may affect investor perception.(turn0search4)
- GMP cooling might suggest early listing hype fading mid-week.(turn0search4, turn0search9)
🙋 FAQs
Q1: What is the current NSDL IPO GMP?
Grey Market Premium is in the ₹135–₹145 range as of July 28, reflecting ~17–18% potential listing gain above ₹800.(turn0search0, turn0search9, turn0search7)
Q2: When does the IPO open and close?
Public subscription opens July 30, closes August 1, with anchor allotment the previous day. Allotment likely August 4, listing on August 6.(turn0search3, turn0search1, turn0search8)
Q3: Does high GMP guarantee listing gain?
No. GMP is unofficial and volatile. Actual listing price depends on allotment, retail demand, and market sentiment.
Q4: Should I subscribe based on GMP?
If you’re targeting a ~17–18% listing upside and confident in long-term outlook, GMP supports optimism. But don’t ignore core fundamentals—remember, NSDL IPO is all OFS
📝 Final Verdict
NSDL IPO’s ₹135–₹145 GMP reflects high investor confidence in one of India’s capital market cornerstones. It suggests a potential ₹935–₹945 listing, i.e., ~17–18% gain over ₹800. While the IPO structure (pure OFS) means no new capital inflow, strong institutional backing and NSDL’s strategic role make it attractive. But GMP is speculative—subscribe only based on your own risk appetite and belief in long-term value. If you’re targeting short-term listing gains, this could be a fit with cautious optimism.
⚠️ Disclaimer
This blog is for informational purposes only and does not constitute investment advice. GMP is unofficial and may change until booking. Consult a SEBI‑registered financial advisor before subscribing to any IPO.
