Archive · 25 Jul 2025
NSDL Onboards New Brokers, Sets IPO Price Band
NSDL, a company that helps people buy and sell stocks, is doing well in getting new brokers to join.
They are also launching an IPO, which means they are selling shares to the public to raise money.
NSDL is offering free settlement fees for young investors to encourage them to start investing.
The company has a large share of the market in terms of the value of stocks it handles.
Vijay Chandok, the CEO, mentioned that the company is supporting same-day trade settlement.
The company's focus is on young investors and further technology investments.
NSDL onboarded the majority of new brokers in recent quarters.
NSDL's IPO price band is set at ₹760-800 per share.
NSDL has a zero settlement fee for new demat accounts for individuals under 24 for 36 months.
NSDL has the highest market share by value of securities in demat form at ₹464 trillion in FY25.
The company is expected to raise ₹4,000 crore at the upper end of the IPO price band.
- Who
- NSDL, led by CEO Vijay Chandok.
- What
- NSDL has onboarded the majority of new brokers.
- When
- In recent quarters.
- Where
- Mumbai.
- Why
- To facilitate growth and attract young investors.
Market Slowdown
Support Regulatory Changes
Same-day trade settlement
Market Slowdown
Brokers are expected to be slow to implement the same-day trade settlement (T+0).
Support Regulatory Changes
NSDL supports the regulatory changes and has provided the service to brokers.
- IPO Price Band
- ₹760-800 per share
- Expected IPO Raise
- ₹4,000 crore
- Market Share
- Highest by value of securities in demat form at ₹464 trillion in FY25
- New Demat Account Incentive
- Zero settlement fee for individuals under 24 for 36 months
- FY25 CDSL New Accounts
- 37.38 million
- FY25 NSDL New Accounts
- 3.68 million