NSDL Clocks Nearly 5% Jump In This autumn Net Profit Ahead Of IPO

Mumbai: The National Securities Depository Limited (NSDL), which is gearing up for its preliminary public providing (IPO), on Sunday reported a 4.77 in keeping with cent build up in consolidated web benefit to Rs 83.3 crore for the quarter finishing March 2025 (This autumn FY25), up from Rs 79.5 crore in the similar quarter remaining fiscal (This autumn FY24). 

The NSDL’s overall source of revenue additionally noticed a wholesome upward thrust of 9.94 in keeping with cent, achieving Rs 394 crore throughout the quarter in comparison to Rs 358 crore in January-March 2024 (This autumn FY24). For the total monetary 12 months 2024-25, the depository’s web benefit surged by way of 24.57 in keeping with cent to Rs 343 crore in FY25, whilst overall source of revenue grew 12.41 in keeping with cent to Rs 1,535 crore in comparison to the former 12 months (FY24).

The corporate’s board of administrators has really helpful a last dividend of Rs 2 in keeping with fairness percentage for FY 2024-25, which is topic to approval by way of the shareholders. The NSDL performs a an important function within the Indian monetary gadget by way of facilitating the protecting and switch of securities in dematerialised shape.

Its demat account holders are unfold throughout greater than 99 in keeping with cent of the pin codes in India and in 186 nations international, supported by way of over 63,000 carrier centres throughout all states and Union Territories throughout FY24.

Ahead of its IPO, the NSDL has decreased the scale of the problem. The supply now is composed of 5.01 crore stocks, down from 5.72 crore stocks to start with discussed in its draft prospectus. The IPO is totally an offer-for-sale (OFS), with stocks being offered by way of present stakeholders together with the National Stock Exchange of India (NSE), State Bank of India (SBI), and HDFC Bank.

Since it’s an OFS, the NSDL won’t obtain any proceeds from the general public factor. The markets regulator SEBI has prolonged the time limit for NSDL’s checklist to July 31. This upcoming checklist will make the NSDL the rustic’s 2d publicly traded depository corporate after the Central Depository Services Limited (CDSL), which used to be indexed in 2017.