Overview
- The shares extended gains in a fourth session, surging as much as 75.5% above the ₹800 issue price to hit a ₹1,425 intraday peak on the BSE.
- The fully secondary offer-for-sale raised ₹4,011.6 crore through the sale of 50.15 million shares in compliance with SEBI’s 15% ownership cap.
- Early investors such as SBI, IDBI Bank and SUUTI have realized roughly 650,000% paper returns while 10.31 lakh retail allottees sit on significant gains.
- NSDL’s FY25 financials underpinned the rally, with revenue up 12.4% to ₹1,420.1 crore and net profit rising 24.6% to ₹343.1 crore.
- Analysts suggest booking profits after the sharp run yet remain bullish on NSDL’s duopolistic market position ahead of quarterly updates.