NSDL IPO Allotment Status: Know how to check allotment, expected timeline, latest GMP and listing insights today.
You open your demat app. It’s August 4. The NSDL IPO allotment status is expected today, and your heart skips a beat every time the screen refreshes. Did you get lucky this time, or will you be staring at that “No allotment” message again?
That’s the rollercoaster most IPO investors ride, especially when the issue is as high-profile and oversubscribed as NSDL’s. It’s not just about the money—it’s the thrill of being part of a potential stock market debut story, the bragging rights among friends, and that sweet hope of quick listing gains.

In this blog, we decode what’s happening with the NSDL IPO allotment status, the truth behind the GMP buzz, how this IPO compares to CDSL, and what it means for your portfolio—whether you’re allotted shares or not.
📈 When and How Is The Allotment Finalised?
IPO investing is a bit like applying to a top college. You send in your application (your money), wait in nervous anticipation, and finally, the result day arrives. That’s today.
Here’s what happens now:
- August 4: NSDL’s registrar, MUFG Intime (formerly Link Intime), finalizes the allotment based on SEBI-approved algorithms. These ensure fair and proportional distribution, especially when demand outstrips supply.
- August 5: Two things happen in parallel:
- If you’re allotted, shares will reflect in your demat account by late evening.
- If you’re not allotted, your funds get unblocked or refunded.
- If you’re allotted, shares will reflect in your demat account by late evening.
How to Check Allotment Status (Step-by-Step):
Think of this like checking exam results—except there are multiple “result websites.”
- Visit MUFG Intime Portal:
Go to https://www.linkintime.co.in, click on ‘IPO Allotment Status,’ select ‘NSDL IPO,’ enter your PAN or Application Number. - BSE Website:
Go to https://www.bseindia.com, click on ‘Status of Issue Application,’ and enter required details. - Broker/Demat App:
If you use Zerodha, Groww, Upstox, or Angel One—check under “IPO” section in your dashboard.
🧠 What You Should Remember:
Finalisation is automatic and unbiased. If you applied with a proper UPI block or ASBA mandate and got lucky in the algorithm, your shares will reflect by August 5.
💸Grey Market Premium (GMP) – What’s the Buzz?
The grey market is like college rumor mill—lots of chatter, some truth, but often unpredictable. It’s where shares change hands before they officially list, giving a “premium” signal of expected listing price.
As of August 4:
- GMP is floating between ₹120 to ₹140.
- That means: Investors expect NSDL to list between ₹920 and ₹940.
- Listing gain possibility: 15–17% over the ₹800 issue price.
But…should you rely on GMP?
Not entirely. GMP is:
- Unofficial: Not regulated by SEBI.
- Volatile: Can swing wildly based on global cues, market mood, or even a single big investor pulling out.
- Speculative: Like the cricket toss—you can make assumptions, but you won’t know the match outcome till it plays out.
🧠 What You Should Remember:
GMP gives a sentiment snapshot, not a promise. Use it to gauge enthusiasm—but don’t base your listing day sell/hold decisions solely on it.
⚖️ NSDL vs CDSL – Why This IPO Matters

Most people assume NSDL and CDSL are like Pepsi vs Coke. But they serve very different audiences.
CDSL:
- Retail King: Think of CDSL as Big Bazaar—millions of small transactions, driven by individual investors.
- Growth has exploded post-2020 as discount brokers (like Zerodha, Groww) use CDSL.
- 15+ crore demat accounts and growing.
NSDL:
- Institutional Backbone: More like a private bank serving high-net-worth clients and mutual funds.
- Handles most foreign portfolio investor (FPI) accounts in India.
- Lower in number, but higher in value per account.
- For FY25, revenue per investor is ~₹56.80—much higher than CDSL.
So why the IPO now?
SEBI rules require no single shareholder to hold more than 15% in a depository firm.
- NSE holds 24%
- IDBI holds 26.1%
Both need to dilute, and IPO is the route.
🧠 What You Should Remember:
NSDL going public isn’t just an investment opportunity—it’s a regulatory necessity that opens the gates to owning a core part of India’s financial infrastructure.
🚀 What Happens Next for Investors?
So, the allotment is done. Now comes the “Now what?” moment.
Scenario 1: You Got the Allotment
✅ Congrats! You’re among the lucky ones.
- Shares will be credited to your demat by August 5.
- On August 6, NSDL stock begins trading on BSE and NSE.
- Tip:
- Short-term trader? Consider setting a limit order near GMP expectation (₹920–₹940).
- Long-term investor? NSDL’s institutional moat makes it a strong hold.
- Short-term trader? Consider setting a limit order near GMP expectation (₹920–₹940).
Scenario 2: No Allotment
😕 It’s okay. The issue was oversubscribed 41×, and retail quota was only ~8×—odds were tight.
- Funds will be unblocked or refunded by August 5.
- Keep an eye on listing day dips—you might get a chance to buy below GMP.
🧠 What You Should Remember:
Allotment is one win. But smart listing-day strategy (whether you hold, sell, or buy fresh) matters more for actual gains.
✅ Call to Action
What will you do—sell immediately on listing or hold for the long term? Let us know your strategy or questions in the comments below!

Leave a Reply to Kiran Iyer Cancel reply