NSDL Unlisted Shares Surge 40% Ahead of IPO: 4 Factors Fueling the Frenzy

NSDL unlisted shares have surged 40% since April, with prices reaching Rs 1,250 a share. The IPO-bound company's Q4FY25 net profit jumped 4.77% YoY to Rs 83.3 crore. Strong financial performance and simplified transfer rules are driving investor interest in the stock. The IPO size has been cut down to 50.15 million shares from 57.26 million.

The Indian IPO market has shown signs of revival, with several high-profile companies gearing up for market debuts. One of the standout names is NSDL, the National Stock Exchange of India's depository, which has seen its unlisted shares surge by 40% since April. As of the latest market data, the share price has reached Rs 1,250, reflecting investor confidence in the company's financial performance and the simplification of transfer rules [1].

NSDL's fourth-quarter fiscal year 2025 (Q4FY25) net profit jumped by 4.77% year-over-year (YoY) to Rs 83.3 crore. This robust financial performance has been a significant draw for investors, who are eager to capitalize on the company's growth prospects. The IPO size has been reduced to 50.15 million shares from the previously announced 57.26 million shares, indicating a strategic adjustment to market conditions and investor demand [1].

The simplified transfer rules have also played a crucial role in boosting investor interest. The rules, which were recently implemented, have made it easier for investors to transfer shares, thereby enhancing liquidity and attracting more participants to the market. This move is expected to further drive the company's share price and overall market sentiment [1].

NSDL's IPO is slated to be managed by ICICI Securities, Axis Capital, HSBC Holdings, and IDBI Capital. The company aims to raise approximately $400 million through the IPO, which is expected to hit the markets in July [1]. The IPO will comprise 50.1 million shares, with the proceeds likely to be utilized for capital expenditure, working capital requirements, and general corporate purposes [1].

The strong fundamentals and the simplification of transfer rules have positioned NSDL as a favorable investment opportunity for both retail and institutional investors. As the company continues to build momentum, it is expected to attract significant interest from market participants, potentially driving further growth in share prices.

References:
[1] https://economictimes.indiatimes.com/markets/ipos/fpos/big-ticket-ipos-ahead-nsdl-hdb-financial-and-other-marquee-firms-set-for-market-debuts-soon/articleshow/121798793.cms