NSDL IPO Subscription Status
NSDL IPO was subscribed 41.02 times when bidding closed on 1 Aug 2025: QIB 103.97x, NII 34.98x, Retail 7.76x.
The National Securities Depository IPO has been subscribed 41.02x times overall. Retail investors have shown interest with bids for 7.76x the shares available. The Non-Institutional Investor (NII) category has been subscribed 34.98x. Within NII, Big HNI (B-HNI) subscribed 37.73x and Small HNI (S-HNI) subscribed 29.47x. Qualified Institutional Buyers (QIBs) have subscribed 103.97x. Data last updated on 10 Nov, 05:58 AM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 30 Jul, 2025 and closes on 01 Aug, 2025. The shares are expected to list on stock exchanges on 06 Aug, 2025.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 103.97x |
| NII | - of - - | 34.98x |
bHNI — bid amount above ₹10 Lakh |
- - | 37.73 |
sHNI — bid amount ₹2–10 Lakh |
- - | 29.47 |
| Retail | - of - - | 7.76x |
| Employee | - of - - | 15.39x |
| TOTAL | - 49,66,277 applications - | 41.02x |
National Securities Depository IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹800.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| TOTAL 28.84x subscribed | 49,66,277 | 10,03,947 | 1 out of 51 out of 5 |
National Securities Depository IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 12.9% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 103.97x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
01 Aug 2025
Day 3 |
41.02x | ▼ | |
|
QIB103.97x
BHNI37.73x
SHNI29.47x
Retail7.76x
Employee15.39x
|
|||
|
31 Jul 2025
Day 2 |
5.03x | ▼ | |
|
QIB1.96x
BHNI10.44x
SHNI12.36x
Retail4.17x
|
|||
|
30 Jul 2025
Day 1 |
1.78x | ▼ | |
|
QIB0.84x
BHNI2.26x
SHNI3.97x
Retail1.87x
|
|||
National Securities Depository IPO dates
From the bidding window to listing. Today is 10 November.
- Open 30 Jul 2025
- Close 01 Aug 2025
- Allotment 04 Aug 2025
- Refund/credit 05 Aug 2025
- Listing 06 Aug 2025
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of National Securities Depository IPO?
As of IPO close date (01 Aug, 2025), the National Securities Depository IPO is subscribed 41.02x times. Retail category is 7.76x, and NII is 34.98x subscribed.
When is the allotment date for National Securities Depository IPO?
The allotment for National Securities Depository IPO is expected to be finalized on 04 August, 2025.
What is the GMP of National Securities Depository?
The Grey Market Premium (GMP) for National Securities Depository is currently ₹124, indicating a potential listing gain of 16%.
When will National Securities Depository IPO list on the stock market?
National Securities Depository is scheduled to list on BSE and NSE on 06 August, 2025.
What are the chances of getting allotment in National Securities Depository IPO?
The retail category is oversubscribed at 7.76x, meaning allotment is by lottery. Statistically, approximately 1 in 8 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 103.97x mean for National Securities Depository IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 103.97x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check National Securities Depository IPO allotment status?
After the allotment date (04 Aug, 2025), you can check your National Securities Depository IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore National Securities Depository IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
