National Securities Depository (NSDL)

Mumbai, India Financial Services Public

National Securities Depository Limited (NSDL) is India's largest central securities depository, established in August 1996 as the first electronic securities depository with national coverage. NSDL provides depository services for dematerialized securities, holding assets worth ₹398 lakh crore ($4.7 trillion) as of end-2023. The company operates as critical financial infrastructure, enabling efficient settlement and custody of securities across India's capital markets. NSDL dominates the Indian depository sector with 66.03% share in dematerialized securities settlements and 65.27% of active instruments.

Public Company

National Securities Depository (NSDL) is publicly traded

IPO'd on August 6, 2025

NSDL BSE

This company is no longer available on our private secondary market. Shares can be traded publicly under NSDL.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

1996

Employees

450–836

Total Funding

$4.25M

2 rounds

Last Private Valuation

$1.9B

August 6, 2025

Funding

Total raised $4.25M across 2 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

IPO

Date

August 6, 2025

Amount

$0

Valuation

$1.9B

Lead Investors

Spark Capital
DateRoundAmount RaisedValuationLead Investors
August 6, 2025 IPO $0 $1.9B Spark Capital
December 1, 1995 Formation $4.25M IDBI Bank, National Stock Exchange of India, Unit Trust of India

Leadership

  • Vijay Chandok

    Managing Director & CEO

  • S. Gopalan

    Senior Executive

  • Sandip Navdhare

    Chief Risk Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • CDSL (Central Depository Services Limited)

    India's second-largest securities depository, established in 1999, linked with BSE and holding approximately 20% market share of depository value as of 2021.

National Securities Depository (NSDL) Investment FAQ

National Securities Depository (NSDL) FAQ

Yes, National Securities Depository (NSDL) is publicly traded under the ticker symbol NSDL on the BSE. The company went public in August 6, 2025.

National Securities Depository (NSDL) trades under the ticker symbol NSDL on the BSE. It began trading in August 6, 2025.

National Securities Depository (NSDL) (NSDL on the BSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker NSDL to place an order.

National Securities Depository (NSDL) went public in August 6, 2025 via ipo, with an offering valuation of approximately $1.9B. NSDL completed its IPO on August 6, 2025, listing on BSE at ₹880 per share, a 10% premium to the IPO price of ₹800. The IPO was a pure offer for sale with 50.15 million shares (₹4,011 crore) from existing shareholders including NSE, IDBI Bank, and Union Bank of India. The IPO was oversubscribed 41.02 times, with institutional investor demand particularly strong (QIB category 103.97x).

National Securities Depository (NSDL) raised $4.25M across 2 disclosed funding rounds prior to its public listing.

National Securities Depository (NSDL) is headquartered in Mumbai, India.

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