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NSDL shares soar 78% since IPO

Business

NSDL just made a splashy stock market debut—its shares jumped 78% since the IPO last week, closing at ₹1,425 on Monday (up nearly 10% in a single day).
This steady climb over four sessions shows investors are really excited about the company right now.

Institutional investors were all over NSDL's IPO

The ₹4,012 crore IPO was a hit with big institutional buyers, who oversubscribed it by more than 100 times.
NSDL's revenue grew 12% in FY25 and profits were up 25%, which sounds great.
Still, with its price-to-earnings ratio sitting high at 46.63, some analysts suggest waiting to see how things settle before jumping in—just to play it safe in this unpredictable market.