NSDL IPO DRHP analysis
Business Model of NSDL (National Securities Depository Limited) 1. Core Business Segments: 2. Revenue Streams: 3. Technology Investments: 💰 IPO Structure Type: Offer for Sale (OFS)Total Shares Offered: Up to 50,145,001 Equity SharesFace Value: ₹2 per sharePrice Band: [Not yet disclosed in the PDF] Selling Shareholders: Shareholder No. of Shares Offered IDBI Bank Ltd. 22,220,000 NSE (National Stock Exchange) 18,000,001 Union Bank of India 500,000 State Bank of India 4,000,000 HDFC Bank 2,010,000 Administrator of Specified UTI Trust 3,415,000 Employee Reservation: 📊 Key Financial Insights (Extracted from FY2022–FY2024 & 9M FY2023–24): Metric FY2022 FY2023 FY2024 9M FY24 9M FY23 Total Revenue (₹ mn) 7,611.10 10,219.29 12,682.44 10,565.46 9,341.96 Revenue from Depository Svcs 3,692.62 4,091.46 4,730.34 4,520.62 3,469.60 Depository Revenue % 48.52% 40.03% 37.30% 42.79% 37.14% Transaction Fees (₹ mn) 2,535.71 2,553.82 3,086.34 3,155.26 2,248.50 Depository Accounts (millions) 26.68 31.46 35.77 38.77 34.58 📦 Allotment Insights IPO Revenue & Allocation Strategy Since it is a pure Offer for Sale (OFS): 🧠Understanding This IPO Strategically