NSDL IPO Fully Subscribed on Day 1

  Published 8 months ago

NSDL's ₹4,000 crore IPO saw full subscription on launch day, driven by strong investor demand across all categories.

  • Retail investors subscribed 1.16x, while non-institutional bids reached 1.09x the allotted quota by Wednesday.
  • Anchor investors pumped in ₹1,200 crore, with shares priced at ₹800, the upper limit of the IPO band.
  • Analysts recommend long-term subscription, citing NSDL's strong position, high barriers, and India’s capital market growth.

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