Upcoming IPOs: NSDL Leads an Exciting Week of Public Offerings

In a significant week for investors, the Indian stock market is poised for a surge in initial public offerings (IPOs) as thirteen companies, including the National Securities Depository Limited (NSDL), prepare to enter the market. The IPOs will open for bidding from July 28 to August 3, 2025, marking one of the busiest periods for public offerings in recent times.

The NSDL IPO, which has garnered considerable attention, is set to open on July 30, with bidding closing on August 1. This IPO is notable as it constitutes an offer-for-sale (OFS) of 5.01 crore shares, with a total size of approximately ₹4,011.60 crore. The price band for the shares is set between ₹760 to ₹800 each. Industry analysts have reported that NSDL shares are currently trading at a premium in the grey market, indicating a possible listing price around ₹946, which is about 18% higher than the upper limit of the price band.

"The interest surrounding NSDL’s IPO reflects its status as India's oldest and largest depository, and it has been on the radar of investors for quite some time," stated Mr. Rajesh Kumar, CEO of FinTech Solutions, in an interview on July 27, 2025.

In addition to NSDL, five other mainboard IPOs are set to launch. Laxmi India Finance, opening on July 29, aims to raise ₹254.26 crore with a price band of ₹150 to ₹158 per share. The company is expecting a listing date of August 5, with its shares currently trading at a grey market premium of ₹18, suggesting an expected listing price of ₹176.

Aditya Infotech is another significant player opening its IPO on the same date, looking to raise ₹1,300 crore. The price band is set between ₹640 and ₹675, and the grey market indicates a potential listing at ₹900, reflecting a 33.3% upside.

The week also features several SME IPOs, with eight companies looking to tap into the market amid rising investor interest. Among these, Repono is set to launch a fresh issue worth ₹26.68 crore, priced between ₹91 to ₹96 per share. This IPO will open for bidding on July 28 and close on July 30.

Economic experts believe that the influx of IPOs can invigorate the stock market. According to Dr. Anita Sharma, an economist at the Indian Institute of Management, "The robust participation of both mainboard and SME IPOs indicates a growing confidence among investors and a potential recovery in market sentiment."

The IPO landscape in India has been increasingly dynamic, with several successful launches in the previous quarters. As companies vie for investor attention, the upcoming IPO week represents an opportunity for both retail and institutional investors alike. With a focus on transparency and market potential, investors are advised to conduct thorough research and consider their investment strategies carefully.

As the bidding dates approach, market participants are keenly observing the performance of these new entrants, which could set the stage for future trends in the Indian equity market. The implications of these IPOs extend beyond immediate financial gains; they reflect broader economic indicators and investor sentiment in the post-pandemic recovery phase. The upcoming week could prove pivotal in shaping the investment landscape for the coming months.