Subscription Status · Jul 30 – Aug 01, 2025 · ₹760–800
The NSDL IPO subscription has recorded strong investor demand with an overall subscription of 41.01× as of Aug 06, 2025, indicating that investors applied for 41.01 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Aug 06, 2025, 9:02 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
10,012,000 | 1,040,916,654 |
103.97×
|
|
NII
Non-Institutional Investors
|
7,509,001 | 262,681,758 |
34.98×
|
|
bNII
Bids above ₹10L
|
5,006,001 | 188,892,540 |
37.73×
|
|
sNII
Bids below ₹10L
|
2,503,000 | 73,789,218 |
29.48×
|
|
Retail
Retail Individual Investors
|
17,521,001 | 135,482,994 |
7.73×
|
|
Employees
Employee Category
|
85,000 | 1,310,598 |
15.42×
|
|
Total
|
35,127,002 | 1,440,392,004 |
41.01×
|
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 10,012,000 | 1,040,916,654 | 103.97× |
| NII | 7,509,001 | 262,681,758 | 34.98× |
| bNII | 5,006,001 | 188,892,540 | 37.73× |
| sNII | 2,503,000 | 73,789,218 | 29.48× |
| Retail | 17,521,001 | 135,482,994 | 7.73× |
| Employees | 85,000 | 1,310,598 | 15.42× |
| Total | 35,127,002 | 1,440,392,004 | 41.01× |
As of August 06, 2025, the NSDL IPO has been subscribed 41.01 times overall. The IPO is fully subscribed with strong investor demand.
The NSDL IPO subscription window was open from July 30, 2025 to August 01, 2025. Investors could apply through their demat account or ASBA facility.
The NSDL IPO has a price band of ₹760 to ₹800 per share, with a lot size of 18 shares. Minimum retail investment: ₹13,680 (lower band) or ₹14,400 (upper band).
The QIB category has been subscribed 103.97 times. QIBs were offered 10,012,000 shares. Strong QIB subscription indicates high institutional confidence.
Retail investors subscribed 7.73 times. Retail was offered 17,521,001 shares.
Overall NII: 34.98×. bNII (>₹10L): 37.73×, sNII (<₹10L): 29.48×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on August 04, 2025. Check via the registrar's website, MUFG Intime India Pvt.Ltd using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
NSDL IPO is expected to list on August 06, 2025. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 41.01× means investors have bid for 41.01 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of 7.73×, the estimated allotment probability for retail investors is Moderate. Better odds than heavily subscribed IPOs. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.
You can apply for NSDL IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Jul 30 to Aug 01, 2025.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest NSDL IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Jul 30, 2025Subscription Closes Done
Aug 01, 2025Basis of Allotment Done
Aug 04, 2025Listing on NSE,BSE Done
Aug 06, 2025Better odds than heavily subscribed IPOs. Based on retail subscription of 7.73×.
Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has equal odds regardless of lot size applied.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.