58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

National Securities Depository Limited (NSDL) IPO Analysis

National Securities Depository (NSDL) IPO is a book build IPO listing on BSE,NSE exchange. The company is based in Mumbai and caters to Banking And Finance sector. Idbi Capital Market Services is the merchant banker of National Securities Depository (NSDL) IPO. It is a MAINBOARD UPCOMING IPO which filed its Draft Red Herring Prospectus (DRHP) on 7th July 2023.

National Securities Depository (NSDL) IPO posted revenues of Rs 1021.90 crores and PAT of Rs 234.80 crores in FY25 on annualised basis.

Nature of IPO : MAINBOARD UPCOMING
Exchange : BSE,NSE
IPO Type : Book Building

National Securities IPO Financial Performance (Restated)

Financial results of National Securities Depository (NSDL) IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials
FY23
FY22
FY21
Balance Sheet
Assets
2093.40
1692.70
1504.00

Net Worth
1428.80
1211.60
1019.20

Total Debt
[●]
[●]
[●]

Profit & Loss
Revenue
Revenue on annualised basis
1021.90
1,021.90
761.10
467.50

EBITDA
EBITDA on annualised basis
328.20
328.20
299.30
264.40

PAT
PAT on annualised basis
234.80
234.80
212.50
188.50

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

National Securities IPO Key performance Indicators (KPI)

National Securities Depository (NSDL) IPO PAT Margin is 22.98%, ROCE (Return on Capital Employed) is [●]% as per latest financial. The below table shows National Securities Depository (NSDL) IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars
FY23
FY22
FY21

EBITDA Margin (%)
32.12
39.32
56.56

PAT Margin (%)
22.98
27.92
40.32

EPS (Rs.)
[●]
[●]
[●]

ROE (%)
16.43
17.54
18.49

ROCE (%)
[●]
[●]
[●]

ROA (%)
11.22
12.55
12.53

Debt to Equity (x)  
[●]
[●]
[●]

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

National Securities Depository (NSDL) IPO Valuation Metrics

The market Capitalisation of National Securities Depository (NSDL) IPO is Rs [●] crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (Rs. Cr.):
[●]

Enterprice Value (EV) (Rs. Cr.):
-185.60

EV/EBITDA (times) :
-0.57

PE Multiple (times) :
[●]

P/B (times) :
[●]

NAV (Rs.) :
[●]

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in National Securities prospectus?

The National Securities Depository (NSDL) IPO prospectus highlights an Return on Equity (ROE) of 15%, Return on Assets (ROA) of 12%, and an EBITDA Margin of 18%, showcasing financial performance.

How do profitability ratios impact the evaluation of National Securities IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows National Securities Depository (NSDL) IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for National Securities IPO ?

The post-IPO market capitalisation of National Securities Depository (NSDL) IPO is ₹[●] Cr, based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of National Securities IPO?

The National Securities Depository (NSDL)IPO has a Price-to-Earnings (PE) ratio of [●], indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of National Securities Depository (NSDL) IPO?

National Securities Depository (NSDL) IPO reported revenue of ₹1021.90 Cr in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from National Securities Depository (NSDL) IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of National Securities Depository (NSDL) IPO?

National Securities Depository (NSDL) recorded an EBITDA of ₹ 328.20 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of National Securities Depository (NSDL) IPO?

National Securities Depository (NSDL) Profit After Tax (PAT) is ₹234.80 Cr, reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 1,021.90 Cr.
            EBITDA: ₹ 328.20 Cr.
            PAT: ₹ 234.80 Cr.
  • EBITDA Margin: 32.12 %
            Pat Margin: 22.98%
  • Net Worth: ₹ 1428.80 Cr.
  • Market Capitalisation: [●]
  • P/E: [●]
  • P/BV: [●]
  • EV/EBITDA: -0.57 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

National Securities Depository (NSDL) operates in Banking And Finance and Offering A Wide Range Of Products And Services To The Financial And Securities Markets In India. The Issue is listed on BSE,NSE in Apr, 2025. National Securities Depository (NSDL) IPO size was with Issue price of .

Merchant Banker(s) of National Securities Depository (NSDL) IPO: Idbi Capital Market Services Limited , Axis Bank Limited , Hsbc Securities & Capital Markets Private limited , ICICI Securities Limited

National Securities Depository (NSDL) IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

National Securities Depository (NSDL) IPO listed at a listing price of against the offer price of .

The current market price of National Securities Depository (NSDL) is .

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