What is NSDL?

The National Securities Depository Limited (NSDL) is India’s first and largest securities depository. It plays a crucial role in enabling secure, paperless trading of stocks, bonds, and other financial instruments.

Overview of NSDL IPO

In 2025, NSDL launched its much-awaited IPO, generating massive buzz among investors. Given its strong fundamentals, tech infrastructure, and dominance in the financial sector, the IPO saw high demand across all categories.

Why the Allotment Status Matters

After applying for an IPO, the next most crucial step is checking whether you’ve been allotted shares. Knowing your NSDL IPO allotment status determines your next move — whether to prepare for listing day gains or wait for refunds.

Understanding IPO Allotment

What is IPO Allotment?

IPO allotment is the process where shares are distributed among investors who applied during the subscription window. It depends on subscription levels and application categories.

How Allotment is Decided

If an IPO is oversubscribed, shares are allotted via a lottery system. If it’s undersubscribed or exactly filled, allotments are usually done in full.

Role of Registrar in Allotment

Registrars like Link Intime India Pvt Ltd handle the allotment process, including verification, processing refunds, and uploading allotment status.

NSDL IPO Timeline

IPO Subscription Dates

• Opened on: July 30, 2025

• Closed on: August 1, 2025

Allotment Finalization Date

• Expected by: August 4, 2025
  Note: Sometimes status goes live late evening on the same day.

Listing Date on Stock Exchanges

• Expected Listing: August 6, 2025 on BSE and NSE

NSDL IPO Allotment Status: How to Check

Check via Registrar (Link Intime)

1. Visit: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

2. Click on “IPO Allotment Status”

3. Select “NSDL” from dropdown

4. Enter:

   • PAN number

   • Application number

   • DP/Client ID (any one)

5. Submit and view status

Check via BSE Website

1. Visit: https://www.bseindia.com/investors/appli_check.aspx

2. Choose:

   • Issue Type: Equity

   • Issue Name: National Securities Depository Ltd

3. Enter PAN and Application No.

4. Solve CAPTCHA and click Submit

Check via NSE Portal (If available)

1. Visit: https://www.nseindia.com

2. Look for IPO bid details

3. Use PAN and application details to verify allotment or UPI block status

Details Required to Check of NSDL IPO Allotment Status

• PAN Number

• Application Number

• DP ID / Client ID

• UPI Reference ID (optional)

What to Do After Checking Your Status

If Shares Are Allotted

Congrats!

• Wait for shares to be credited (by August 5)

• Prepare your strategy for listing day

• Monitor GMP and news updates for pricing cues

If You Didn’t Get Shares

No worries!

• Refunds are initiated to your bank or UPI

• Watch for funds by August 5

• You can consider buying on listing day or invest elsewhere

NSDL IPO Allotment Status Overview

Company Background

NSDL is the pioneer of digital depository services in India. It holds trillions in assets and services millions of demat accounts. It’s regulated by SEBI and works alongside stock exchanges like NSE.

Financial Performance

The company has consistently posted profits with high margins and low debt. It’s a cash-rich, tech-focused enterprise.

IPO Highlights

• Issue Size: ₹4,300 crore (approx.)

• Price Band: ₹400 – ₹450

• Lot Size: 35 shares

• Type: Offer for Sale (OFS)

Market Sentiment and GMP (Grey Market Premium)

What is GMP and Why It Matters

GMP reflects investor sentiment in the grey market — an unofficial indicator of listing gains. It’s not official but gives a pulse of the market.

GMP Trends for NSDL IPO

As of now, GMP is floating around ₹85–₹100, signaling positive listing expectations.

Factors That Affected Allotment

Oversubscription Numbers

• Retail: 12x

• HNI: 25x

• QIB: 40x

Such high demand reduces allotment chances, especially for small applications.

Retail vs HNI vs QIB Response

Retail investors often get only 1 lot through lottery. HNIs with large applications have higher allotment chances.

Post-NSDL IPO Allotment status: What Happens Next

Refund Timeline

Refunds via UPI or bank transfers are initiated by August 5.

Credit of Shares to Demat

Allotted shares will reflect in your demat account by August 5 evening.

Listing Gains: What to Expect

With strong demand and solid GMP, NSDL IPO is expected to list at a premium of 15–25%.

Common Issues While Checking Allotment

Site Not Working

On allotment day, registrar and BSE sites may be slow. Retry during non-peak hours or late evening.

Details Not Matching

Ensure correct PAN, App Number, and DP ID. Double-check with your broker if unsure.

UPI Mandate Pending

Check your UPI app for pending debit requests. A missed mandate can result in a failed application.

Final Thoughts

The NSDL IPO allotment status is the bridge between hope and reality for thousands of investors. Whether you get allotted or not, it’s important to stay informed, analyze your next move, and keep investing smartly. NSDL, being a tech-savvy, compliant, and profitable company, has all the makings of a long-term wealth creator. Use this IPO as a stepping stone — not a final goal.

FAQs

1. When will NSDL IPO allotment be finalized?

It’s expected on August 4, 2025.

2. Where can I check my NSDL IPO allotment status?

You can check on Link Intime (registrar), BSE, or NSE websites.

3. What if I didn’t get any allotment?

Refunds will be credited by August 5. You can consider buying on listing.

4. What is the GMP for NSDL IPO?

It’s trading in the ₹85–₹100 range, signaling a premium listing.

5. Will NSDL IPO give listing gains?

Chances are high due to strong demand and positive GMP, but market conditions can vary.