NSDL IPO Date: NSE, IDBI, HDFC Bank to reduce stake in OFS - Public issue launch, listing timeline

Finally, an update has emerged on the much-awaited initial public offering of central securities depository NSDL . The Mumbai-based company is now expediting the IPO process, and it had already received an in-principle approval in September 2024, which is valid till September 2025.
The upcoming IPO will be a complete offer for sale (OFS) in which National Stock Exchange (NSE ), IDBI Bank and HDFC Bank are among the shareholders who will be selling their shares. NSE, which holds a 24 per cent in NSDL, had earlier sought extension from SEBI on the ownership cap.
NSDL IPO Date
A senior company official on Thursday told news agency PTI that NSDL is targeting to launch its much-awaited Rs 3,000 crore IPO soon. Stating that the company is expected to launch its public issue by next month, the official said that as a market infrastructure institution (MII), NSDL also needs other approvals apart from the DRHP.
While a specific date for the IPO launch hasn’t been confirmed, NSDL’s public offering is likely to be launched by early April and the company is looking to list in the same month. NSDL will expedite the IPO process to comply with market regulator SEBI’s ownership mandate.
The IPO will be an Offer for Sale (OFS) with 6 shareholders diluting stakes, including NSE, IDBI Bank, HDFC Bank among others.
NSDL IPO Launch Plans
“Our dates are expiring next month. We are rushing against time to get things done fast. We will try (to launch the IPO before that),” NSDL official told PTI. Responding to a question on the reasons behind the delay in share sale, the official pointed towards challenges on the manpower front, saying the amount of work to be done is very large.
NSDL Q3 Quarterly Results 2025
The IPO-bound company last week reported its October-December 2024 earnings, posting a 29.82 per cent jump in its consolidated net profit to Rs 85.8 crore from the Rs 66.09 crore profit recorded during the corresponding period last year. NSDL’s total income soared 16.2 per cent to Rs 391.21 crore.