NSDL Dividend Alert: Payout Soon For 100% First-Ever Dividend After IPO; Shares Rally 28% Since Listing

One of India's leading depositories, National Securities Depository Limited, is going to reward its shareholders by paying its first-ever dividend after the IPO listing. The company has announced a 100% final dividend for its shareholders for the financial year ended March 31, 2025.

NSDL Dividend 2025 Credit Date and Details

As per the company's filing, NSDL's Board of Directors had earlier recommended a final dividend of Rs. 2 per equity share of face value Rs. 2 each, representing a 100% payout for FY2024-25. The proposal received approval from shareholders at the 13th Annual General Meeting (AGM) held on September 29, 2025.

The company stated that the dividend will be credited on or before October 28, 2025, after the deduction of applicable taxes. NSDL shares had turned ex-dividend on September 19, which means investors who held the stock before this date are eligible to receive the payout.

This will be NSDL's first-ever dividend payout post-listing, which is a strong start for investors who participated in the NSDL IPO 2025.

NSDL AGM 2025 Outcome

At the AGM, shareholders voted in favour of several major resolutions, including the declaration of the final dividend and the approval of the company's financial statements for FY25. NSDL also reported its focus on expanding its digital infrastructure, investor services, and technological initiatives to enhance market participation.

NSDL Share Price Performance

In Monday's trading session, NSDL shares closed 0.19% lower at Rs. 1,197.50 apiece on the NSE. Over the past month, the stock has seen a minor correction of 9.72%, but since its listing on October 6, NSDL shares have gained an impressive 27.94%.

Despite short-term volatility, analysts believe NSDL remains well-positioned in the capital market ecosystem, supported by its scale, infrastructure, and strong brand trust among investors and intermediaries.

Brokerage View on NSDL Stock

According to Motilal Oswal, the stock is currently fairly valued, and most positives are already factored into the price. The broking has initiated coverage with a 'Neutral' rating and a target price of Rs. 1,200.

The MOFSL report noted, "With its leadership in depository services, robust infrastructure, affluent client base, and strategic subsidiaries, NSDL is well-positioned to capitalise on India's growing capital markets. However, prolonged weak market sentiment or regulatory tightening could weigh on transaction volumes and slow revenue growth. On the other hand, strong IPO activity, rising retail participation, or favourable regulatory policies could accelerate earnings momentum beyond current estimates."

Motilal Oswal expects NSDL to post a revenue/EBITDA/PAT CAGR of 5%/14%/15% over FY25-FY28, with a healthy growth outlook.

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