Comparison between NSDL IPO and Shiprocket IPO.
NSDL IPO is a Mainboard Bookbuilding IPO proposed to list at BSE while Shiprocket IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of NSDL IPO is up to ₹4,010.95 Cr whereas the issue size of the Shiprocket IPO is up to ₹2,342.35 Cr. The final issue price of NSDL IPO is ₹800.00 per share and of Shiprocket IPO is .
| NSDL IPO | Shiprocket IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹760.00 per share | |
| Issue Price (Upper) | ₹800.00 per share | |
| Issue Price (Final) | ₹800.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ₹76.00 per share | |
| Market Lot Size | 18 shares | |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹1,100.00 Cr |
| OFS Issue Size | 5,01,45,001 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹4,010.95 Cr | up to ₹1,242.35 Cr |
| Issue Size Total | 5,01,45,001 shares | 0 shares |
| Issue Size Total (Amount) | up to ₹4,010.95 Cr | up to ₹2,342.35 Cr |
NSDL IPO opens on Jul 30, 2025, while Shiprocket IPO opens on . The closing date of NSDL IPO and Shiprocket IPO is Aug 01, 2025, and , respectively.
| NSDL IPO | Shiprocket IPO | |
|---|---|---|
| Anchor Bid Date | Jul 29, 2025 | |
| Issue Open | Jul 30, 2025 | |
| Issue Close | Aug 01, 2025 | |
| Basis Of Allotment (Tentative) | Aug 04, 2025 | |
| Initiation of Refunds (Tentative) | Aug 05, 2025 | |
| Credit of Share (Tentative) | Aug 05, 2025 | |
| Listing date (Tentative) | Aug 06, 2025 | |
| Anchor Lockin End date 1 | Sep 02, 2025 | |
| Anchor Lockin End date 2 | Nov 01, 2025 |
NSDL IPO P/E ratio is 46.63, as compared to Shiprocket IPO P/E ratio of .
| NSDL IPO | Shiprocket IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)National Securities Depository Ltd.'s revenue increased by 12% and profit after tax (PAT) rose by 25% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)Shiprocket Ltd.'s revenue increased by 23% and profit after tax (PAT) rose by 87% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 46.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹16000.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 17.11% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.7% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹17.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 17.11% | -4.99% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the NSDL IPO Retail Individual Investors (RII) are offered 1,75,21,001 shares while in Shiprocket IPO retail investors are offered 1,75,21,001 shares. Qualified Institutional Buyers (QIB) are offered 1,00,12,000 shares in NSDL IPO and 0 shares in Shiprocket IPO.
| NSDL IPO | Shiprocket IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,50,17,999 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 1,00,12,000 shares | 0 shares |
| NII | 75,09,001 shares | 0 shares |
| RII | 1,75,21,001 shares | 0 shares |
| Employee | 85,000 shares | 0 shares |
| Others | ||
| Total | 5,01,45,001 shares | 0 shares |
NSDL IPO subscribed 41.02x in total, whereas Shiprocket IPO subscribed .
| NSDL IPO | Shiprocket IPO | |
|---|---|---|
| QIB (times) | 103.97x | |
| NII (times) | 34.98x | |
| Big NII (times) | 37.73x | |
| Small NII (times) | 29.47x | |
| RII (times) | 7.76x | |
| Employee (times) | 15.39x | |
| Other (times) | ||
| Total (times) | 41.02x |
