How to Check NSDL IPO Allotment Status | GMP, Listing Date, Refunds

The buzz in the Indian stock market is at an all-time high, and for a good reason — National Securities Depository Limited (NSDL) is all set to reveal its NSDL IPO allotment status. If you’re one of the many investors who applied for the IPO between July 30 and August 1, 2025, this is the moment you’ve been waiting for.

The NSDL IPO allotment status date is expected to be Monday, August 4, 2025, and if you’re lucky enough to get an allotment, the tentative listing date is August 6, 2025. The shares will be listed on the Bombay Stock Exchange (BSE), and the Grey Market Premium (GMP) hints at a promising debut.

But before we dive into the allotment process, GMP details, and subscription numbers, let’s take a step back and understand why this IPO has attracted so much attention.

Why the NSDL IPO Created Such a Buzz

For anyone even remotely interested in the Indian stock market, NSDL is not a new name. It’s one of the largest and oldest depositories in the country, playing a crucial role in enabling electronic trading and safekeeping of securities. Think of NSDL as the digital vault that keeps your shares safe after you buy them.

With such a significant role in India’s financial infrastructure, it’s no wonder the IPO became one of the most talked-about issues of the year. Investors across all categories — Retail, High Net-worth Individuals (HNIs), and Institutional Buyers — rushed to grab a piece of this offering.

NSDL IPO Allotment Date and Listing Timeline

Here’s a quick look at the important dates you need to know:

So, if you’ve applied for the IPO, the first thing to do on August 4 is check whether your name is on the NSDL IPO allotment status list.

How to Check NSDL IPO Allotment Status Online

You don’t need to wait for an email or SMS notification from your broker. You can check your NSDL IPO allotment status online in just a few minutes.

There are two main ways to check:

Check Allotment Status on the BSE Website

Follow these steps:

1. Go to the BSE Allotment Page: BSE IPO Allotment Status
2. Select Issue Type: Choose ‘Equity’.
3. Choose Issue Name: Select ‘National Securities Depository Limited’ from the dropdown menu.
4. Enter Your Details: You can use either your Application Number or PAN.
5. Verification: Tick the ‘I am not a robot’ box.
6. Submit: Click on ‘Search’ and your NSDL IPO allotment status will appear.

Check Allotment Status on the Registrar’s Website (MUFG Intime India)

Follow these steps:

1. Visit the Registrar’s Website: MUFG Intime Allotment Status
2. Select Company: Choose ‘National Securities Depository Limited’.
3. Select Search Option: Choose from PAN, Application Number, DP ID, or Account Number.
4. Enter Your Details: Fill in the required fields.
5. Submit: Click on ‘Search’ to see your NSDL IPO allotment status.

Pro Tip: If you don’t get an allotment, the refund will be processed on August 5, 2025. If you’re allotted shares, they’ll be credited to your demat account on the same day.

Understanding the Grey Market Premium (GMP) for NSDL IPO

The GMP for NSDL IPO today is ₹120 per share, which means shares are trading in the unofficial market at ₹920 compared to the IPO issue price of ₹800. This is roughly a 15% premium.

In simple terms:
If the GMP trend continues, investors could see a healthy listing gain on August 6. However, remember, GMP is just an indicator, not a guarantee. The actual listing price depends on market sentiment and overall demand on listing day.

NSDL IPO Subscription Status — A Sign of Strong Demand

The NSDL IPO received massive investor interest, as reflected in its subscription numbers:

Such high subscription rates, especially from QIBs, indicate strong institutional confidence in NSDL’s long-term prospects.

NSDL IPO Details at a Glance

• IPO Price Band: ₹800 per share
• Total Issue Size: ₹4,011.60 crore
• Type of Issue: Entirely Offer for Sale (OFS)
• Number of Shares Offered: 5.01 crore equity shares
• Listing Exchange: BSE
• Book-Running Lead Manager: ICICI Securities
• Registrar: MUFG Intime India

Since it’s a complete OFS, all the proceeds will go to existing shareholders, not the company itself. Still, the IPO is significant for market liquidity and NSDL’s valuation.

What Happens After Allotment?

Once the NSDL IPO allotment status process is complete:

• Successful Investors — Shares will be credited to your demat account by August 5.
• Unsuccessful Investors — Refunds will be processed by August 5.
• Listing Day (August 6) — Keep an eye on the market; decide whether to hold or sell based on your investment strategy.

Should You Sell on Listing Day or Hold?

If you applied purely for listing gains, the GMP suggests a potential 15% profit. However, if you believe in NSDL’s long-term growth — backed by the rising trend in digital securities and capital market participation — holding could be a smart move.

Think of it like buying a house in a booming neighborhood. You can flip it for quick profit or hold it for long-term appreciation.

Risks to Keep in Mind

While the excitement is justified, every investment carries risks:

• Market Volatility: If the broader market turns bearish, even strong IPOs can list at a discount.
• Overvaluation Concerns: A high GMP sometimes signals short-term hype.
• Sector Competition: NSDL operates in a niche but competitive financial infrastructure space.

Read More: GTA 6 Delay Confirmed? New Timeline Points to Fall 2026

Conclusion

The NSDL IPO allotment status is just hours away from being public. The subscription numbers and GMP trends are positive indicators, but remember — the market can be unpredictable. Whether you’re in it for short-term gains or long-term growth, make sure your decision aligns with your financial goals.

The NSDL IPO is one of the most awaited market events of 2025. With record-high QIB subscriptions, strong retail interest, and a healthy GMP, the odds look good for a premium listing.

Whether you sell on listing day or hold for the long term depends entirely on your investment strategy and risk appetite. But one thing is certain — the NSDL IPO allotment status has already made its mark in market history.