Shares for the National Securities Depository Limited (NSDL) go on sale starting July 30 with a price range of ₹760 to ₹800 per share.

Shares for the National Securities Depository Limited (NSDL) go on sale starting July 30 with a price range of ₹760 to ₹800 per share.

NSDL Shifts Focus Towards Fintech Partnerships and Younger Investors Ahead of Upcoming IPO

The National Securities Depository Ltd (NSDL) is gearing up for its Initial Public Offering (IPO) scheduled for July 30 to August 1, 2025, with a strategic focus on partnerships with fintech brokers, expanding service offerings, and targeting younger retail investors.

To achieve this, NSDL is collaborating with new-age fintech and discount brokers who have disrupted the Indian capital market with low-cost digital models. These partnerships aim to leverage their strong client base and digital-first approach. The company is also simplifying the client onboarding process and offering better integration tools for fintech platforms to enhance user experience and operational efficiency.

NSDL is not only focusing on technology and onboarding but also on financial literacy. The organisation is emphasising customer education to increase awareness and adoption among younger and retail investors, a move that aligns with their goal of expanding their retail investor base.

Moreover, NSDL's payments bank, headed by Nishant Vasani, a fintech veteran, is scaling its product ecosystems in digital payments, merchant services, government benefit disbursement, and wallet integrations. This move targets digitally native customers and underbanked segments like MSMEs.

By partnering closely with fintech brokers and improving digital onboarding, NSDL aims to capture the growing base of younger retail investors who prefer low-cost, tech-enabled investment platforms. To incentivise this demographic, NSDL has introduced the 'Yuva Plan', offering zero settlement fees per debit instruction for the first 36 months of account opening to individuals under the age of 24.

NSDL's financial strength and growth are reflected in its performance figures. The company reported a 12% revenue growth and a 25% profit after tax increase between FY 2024 and FY 2025. The public offer of NSDL, with a price band of ₹760-₹800 per share, opens on July 30 and closes on August 1.

In addition to its focus on retail investors, NSDL is also working on expanding its service offerings to issuers. The organisation is engaging with listed issuers for service expansion and encouraging unlisted companies to join the depository ecosystem. NSDL is also pursuing bank-broker tie-ups to create integrated investor offerings.

Furthermore, NSDL is planning to cross-sell products such as digital loans against securities and 3-in-1 accounts. The company is also working on dematerializing mutual fund holdings to make them eligible for loans or margin trading. Additional service development is underway in areas such as e-voting, e-AGMs, pledge platforms, and contract note standardisation (STeADY).

As of FY25, NSDL holds the largest share by value of dematerialized securities at ₹464 trillion. The listing of the shares is expected on August 6. The public offer is entirely an offer for sale (OFS) of 50.1 million shares by existing shareholders including IDBI Bank, SBI, NSE, HDFC Bank, and Union Bank of India.

In conclusion, NSDL's strategy for fintech partnerships focuses on aligning with digital-first brokers, enhancing technology and onboarding processes, leveraging its payments bank's expanding ecosystem, and prioritizing younger retail investors' financial literacy and access, all culminating in a strengthened market position before its IPO launch in 2025.

• NSDL is partnering with fintech and discount brokers to leverage their digital-first approach and client base, focusing on young retail investors.
• The company is also aiming to simplify the client onboarding process and offer better integration tools for fintech platforms to improve user experience and operational efficiency.
• To attract younger investors, NSDL has introduced the 'Yuva Plan', offering zero settlement fees for three years to individuals under 24.
• In addition to its focus on retail investors, NSDL is also expanding its service offerings to issuers, engaging with listed issuers and encouraging unlisted companies to join the depository ecosystem.
• NSDL's strategy for fintech partnerships also includes cross-selling products like digital loans against securities, 3-in-1 accounts, and dematerializing mutual fund holdings to make them eligible for loans or margin trading.

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