NSDL IPO GMP: Depository's Public Issue Booked 12 Times So Far, Steps To Check Allotment And Other Key Details 

NSDL IPO (NSDL) was oversubscribed nearly 12 times on the final day of subscription on August 1. The grey market premium for NSDL shares was around Rs 134 at the time of writing the story, according to websites which track grey market activities. Notably, the upper end of the price band for the NSDL IPO is Rs 800. At the higher end of the price band, NSDL's unlisted shares are quoting a grey market price of Rs 934 per share (Rs 800 + Rs 134), indicating a robust listing at a premium of 16.75 per cent.

Notably, August 1 is the last day to apply for NSDL IPO. Following the closure of the bidding window, the NSDL IPO share allotment status is expected to be decided on August 4. Here are some key details related to the NSDL IPO and the steps which applicants can follow to check their share allotment status on August 4:

NSDL IPO Allotment

NSDL IPO applicants can check their share allotment status on the MUFG Intime India Private Limited (Link Intime) website. Alternatively, NSDL IPO allotment can also be checked on the BSE and NSE websites.

How To Check NSDL IPO Allotment on NSE

• Go to NSE's IPO bid verification page https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

• Choose 'Equity & SME IPO bid details'

• From the dropdown list shown on the screen, select 'NSDL'

• Enter your IPO application number and PAN details

• Click the 'submit' button

• The status of your share allotment will be shown on the screen

How To Check NSDL IPO Allotment Status On BSE

• Go to https://bseindia.com/investors/appli_check.aspx.

• Select 'Equity' in the issue type menu

• Select 'NSDL' from the IPO names list

• Fill either your IPO application number or PAN details

• Click on 'Search'

• The status of your application for NSDL IPO will be shown on the screen

How To Check NSDL IPO Allotment On MUFG Intime India (Link Intime)

• Visit the MUFG Intime India's website

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

• Choose 'NSDL' from IPO names

• Type in your account details such as IFSC, PAN, DP/Client ID, or application no

• Click on submit

• Your NSDL IPO allotment details will be shown on the screen

NSDL IPO Details

NSDL aims to raise Rs 4,011.6 crore through its public issue, which consists of an offer-for-sale of 5.01 crore shares. The NSDL IPO issue price was set between Rs 760 and Rs 800 per share. The minimum application size for retail investors is one lot or 18 shares, aggregating to an investment of Rs 14,400.

NSDL IPO Subscription Details

NSDL IPO was booked 12.04 times on August 8, at the time of writing investors across categories applied for over 423 million shares compared to the 35.13 million shares offered for subscription.

NSDL IPO's retail portion was subscribed 6.53 times as investors placed bids for over 114.33 million shares against the 17.52 million shares set aside for the category.

Non-institutional investors (NIIs) placed bids for more than 209.76 million shares against the 7.5 million shares set aside for the category, leading to a subscription of 27.93 times.

The Qualified Institutional Buyers (QIBs) booked their quota 9.78 times. The QIBs applied for more than 97.88 million shares against 10 million shares reserved for them.

Company employees subscribed to their quota 12.11 times as they applied for over 10,29,312 shares compared to the 85,000 crore shares set aside for them.

NSDL IPO Listing date

After the share allotment status is decided, refunds will be initiated for unsuccessful bidders on Tuesday, August 5. Successful bidders will receive shares of NSDL Ltd in their demat accounts on Tuesday as well. NSDL shares are slated to make their debut on the BSE. The company's shares are likely to make their debut on August 6.