Hello everyone, in this article we will discuss the NSDL IPO. The allocation process for this IPO has been completed – please share in the comments whether you received an allocation or not. For those who didn’t get shares, we’ll cover when you can expect your refund. Those who did receive allocation have some excellent news coming before the stock goes public, which we’ll explore today.
We’ll also examine today’s Grey Market Premium (GMP) for this IPO and calculate the potential profit or premium per lot. Additionally, we’ll discuss how to avoid getting caught in operator manipulation once the company starts trading. Make sure to watch until the end.
For those who received allocation, you can see that 18 shares have been assigned at Rs. 800.2 per share. The total offer for sale amounts to Rs. 4,011 crore, meaning promoters are selling their existing shares rather than the company issuing new ones.
Looking at the timeline, allocation was finalized yesterday, though the company provided status updates late into the night. Refunds will be processed today, and shares will be credited to Demat accounts today as well. The company is scheduled to list tomorrow, August 6th, where we might see significant operator activity.
Those who received allocation should have gotten a debit message for approximately Rs. 14,400 from the IPO. Those without allocation will receive a credit or refund message for the same amount.
The response has been overwhelming – around Rs. 1,15,266 crore worth of applications came in, making it oversubscribed 41 times. Against the offered 3.51 crore shares, bids were received for 14.4 crore shares. This massive inflow will be refunded promptly to unsuccessful applicants.
Here’s some positive news before listing: In the unlisted market, shares that were trading at Rs. 1,025 have dropped to Rs. 760-800, representing a 22% decline. This means unlisted market buyers are facing losses, while IPO allottees are getting shares at better prices.
The company has also announced that NSDL will venture into payment banking services. This expansion into financial services could significantly boost the company’s revenue streams. Currently, NSDL primarily handles Demat accounts and some trading services, but adding banking services would greatly expand their business scope and profit potential.
Based on current GMP, allottees are seeing approximately 15% profit per lot. The GMP has been declining recently from 150+ to around 124, down by 2 points from yesterday. Shares priced at Rs. 800 are expected to open around Rs. 924, indicating a 15% estimated gain.
However, be aware of operator strategies. Large investors like QIBs or HNIs who receive substantial allocations (say 100 lots) might book immediate profits worth around Rs. 22,000. This mass selling could drive prices down from the opening level of Rs. 924 to potentially Rs. 900, Rs. 850, or even Rs. 800. Operators then buy back at lower prices, securing both initial profits and additional shares for future gains.
Small retail investors often get trapped in this cycle. Seeing prices fall, they panic and sell at losses, unable to buy back later due to limited capital. This is how operators manipulate markets at retail investors’ expense.
Alternatively, if the stock shows strong positive momentum and keeps rising, operators might hold their positions initially, only selling at peak levels to maximize profits.
For those still checking allocation status, visit the MUFG website link. Select the company name (NSDL), enter your PAN card details, and submit to check your allocation status.
These are today’s key updates regarding this IPO. For any buy or hold decisions on listing day, please consult with your financial advisor first. We’ll continue providing updates about NSDL in future videos, so please subscribe to our channel for more information.
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