The NSDL share price has been on a dream run since its listing, delivering nearly 78% returns to IPO investors in just four trading sessions. On August 11, 2025, NSDL hit a fresh peak of ₹1,425, compared to its IPO price of ₹800. This sharp rally has put the stock on every investor’s radar.
Strong debut and winning streak
NSDL (National Securities Depository Limited), India’s first and largest depository, listed on the exchanges on August 6, 2025. The IPO was priced at ₹800 per share and saw strong investor demand, oversubscribed multiple times across categories. The stock listed at ₹880 — a premium of 10% over the issue price — and has gained in every single session since. From the IPO price, NSDL share price is now up 78%, while from the listing price, gains stand at around 62%. This makes NSDL one of the best-performing IPOs of 2025 so far.
Reasons behind the rally
Analysts cite multiple factors driving the rally:
- Strong market position: NSDL is a market leader with over 89% share in demat account value in India.
- Robust financials: The company reported healthy growth in revenue and profits over the last three years.
- Positive sentiment in capital markets: With record IPO activity and rising retail participation, depositories like NSDL are set to benefit.
- Institutional interest: Several mutual funds and FIIs have picked up stakes post listing.
Company background
Founded in 1996, NSDL was the first depository in India, helping digitize shareholding records and reducing paperwork in the stock market. It operates under the Securities and Exchange Board of India (SEBI) regulations and competes mainly with CDSL. Its services include demat account management, e-voting, and securities settlement.
What investors should do now
While the short-term momentum in NSDL share price is strong, analysts advise caution:
- For long-term investors: The fundamentals remain strong, making it a potential long-term growth story.
- For short-term traders: The stock is overbought in technical charts, so profit booking in the near term is possible.
- Brokerage views: Most brokerages suggest holding positions and avoiding fresh entries at current high valuations.
Market outlook
If market sentiment remains positive and NSDL continues to post robust quarterly numbers, analysts believe the NSDL share price could touch ₹1,500 in the medium term. However, any correction in the broader market could also impact the stock.
