NSDL shares jump 14% on stellar debut after 41x IPO rush
NSDL shares surged over 14% to ₹913.7 in their market debut, listing at a 10% premium to the IPO price of ₹800. The ₹4,012 crore IPO saw strong demand, with an overall 41x subscription. QIBs led the rush, subscribing 104 times. NSDL is now India’s second listed depository, following CDSL’s 2017 debut.