Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
NSDL IPO: Rs 4,000 crore issue to open on July 30; valuation pegged at Rs 16,000 crore
Update / Judgement Date
24 Jul 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
The National Securities Depository Limited (NSDL) IPO, valued at ₹16,000 crore, is set to open for public subscription on July 30 and close on August 1. This ₹4,000 crore issue is entirely an Offer for Sale (OFS) of up to 5.01 crore shares by existing shareholders, including IDBI Bank, NSE, Union Bank of India, SBI, HDFC Bank, and SUUTI. NSDL received SEBI's extension to list by August 14. The unlisted shares currently trade at ₹1,025, with a grey market premium of ₹154, indicating investor interest in the depository services provider.