At present, NSE holds a 24 per cent share in NSDL, while IDBI is the largest shareholder with a 26 per cent stake

SEBI approves NSDL public issue with IDBI Bank and NSE selling stakes, involving 57.3 million shares from six shareholders.

NSDL had filed its Draft Red Herring Prospectus with the securities board in July 2023, but the DRHP was put in abeyance.

HDFC Bank, the sixth shareholder in the IPO, holds an 8.95% stake in NSDL. The private lender will sell a 2% stake in the public issue. After SEBI approved NSDL's IPO, HDFC Bank shares surged over 1% in a flat market, trading at ₹1,636.6 per share on NSE.

NSDL, India's leading depository, gets Sebi's nod to launch its IPO. NSE, HDFC Bank, and SBI will offload shares in an OFS. This follows approval for Standard Glass Lining and Zinka Logistics IPOs.

NSDL, India’s largest depository, received final approval from SEBI to launch an IPO involving an offer for sale of 57,260,001 shares, allowing IDBI Bank, NSE, SBI, HDFC Bank, and Union Bank to reduce their stakes.

Capital market regulator SEBI has approved the IPO of National Securities Depository Limited (NSDL). NSDL is the country's largest depository.

According to a draft red herring prospectus (DRHP) filed by NSDL on July 7, 2023, the depository will sell up to 5.72 crore shares through the issue of equity shares with a face value of Rs 2. The IDBI Bank which holds a nearly 26 per cent stake in NDSL,

The Securities and Exchange Board of India (SEBI) has granted approval for the initial public offering (IPO) of National Securities Depository Ltd (NSDL), the country's largest depository.

The IPO of NSDL, which is completely an offer for sale, will see IDBI Bank, NSE, SBI, HDFC Bank and Union Bank of India offloading their stakes.

Sebi has approved the IPO of National Securities Depository Limited (NSDL). The offer for sale will include 57,260,001 shares, with major stakeholders like IDBI Bank, NSE, and SBI reducing their stakes.