NSDL IPO Listing Delayed to August 14, IPO Size Reduced to Rs 3,000-3,400 Crore

Tuesday, Jul 22, 2025 10:43 am ET1min read

NSDL has received approval from SEBI to extend its listing deadline to August 14, 2025. The IPO size has been reduced to Rs 3,000-3,400 crore, with unlisted shares trading at Rs 1025 in the grey market. The decline in unlisted shares is attributed to concerns over potential notional losses due to the low issue price of HDB Financial Services.

The Securities and Exchange Board of India (SEBI) has granted National Securities Depository Limited (NSDL) an extension for its listing deadline. The new deadline is set for August 14, 2025 [1]. This extension comes after NSDL disclosed that the SEBI had initially set July 31 as the deadline for its listing.

Meanwhile, HDB Financial Services Limited (HDB Financial) has seen a decline in the trading value of its unlisted shares. The grey market trading price for unlisted shares of HDB Financial has dropped to Rs 1025, down from the previous levels. This decline is attributed to concerns over potential notional losses due to the low issue price of the company's shares [2].

The IPO size for HDB Financial has been revised to Rs 3,000-3,400 crore, a reduction from the previously announced Rs 12,500 crore. The company's IPO is set to be listed on the BSE and NSE, with the bookbuilding process concluding on June 27, 2025 [2].

References:
[1] https://www.financialexpress.com/business/when-will-nsdl-ipo-open-sebi-gives-nod-to-extend-listing-deadline-to-aug-14-3923184/
[2] https://www.chittorgarh.com/ipo/hdb-financial-ipo/2110/

NSDL IPO Listing Delayed to August 14, IPO Size Reduced to Rs 3,000-3,400 Crore

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