Last Updated:August 11, 2025, 11:48 IST
SBI bought 60 lakh shares at Rs 2 for Rs 1.2 crore. Now worth Rs 7,801.8 crore, the gain is Rs 7,800.6 crore, a staggering return of 6,50,050%
The biggest beneficiaries of this remarkable surge were SBI, IDBI Bank, and SUUTI. (Representative/Shutterstock)
In a record-breaking market debut, National Securities Depository Limited (NSDL) stunned investors with a remarkable 62.5% surge in just three sessions, jumping from its issue price of Rs 800 to Rs 1,300 after opening at Rs 880.
The biggest beneficiaries of this remarkable surge were State Bank of India (SBI), IDBI Bank, and SUUTI, who saw their shares, bought at just Rs 2, grow 650 times in value.
SBI, the nation’s largest bank, had acquired 60 lakh shares at an average price of Rs 2. This investment of Rs 1.20 crore has now escalated to Rs 7,801.80 crore, yielding an extraordinary profit of Rs 7,800.60 crore and an incredible return of 650050%.
Similarly, IDBI Bank holds 2.99 crore shares, now valued at Rs 3,898.80 crore, while their purchase cost was only Rs 5.996 crore. SUUTI’s investment of Rs 2.049 crore surged to Rs 1,332.68 crore in the same period.
How Did Other Giants Fare?
The NSDL rally has benefitted not only government entities but also other significant institutional investors. The National Stock Exchange (NSE) possesses 2.99 crore shares, bought at an average price of Rs 12.
Despite selling a 9% stake in the IPO, NSE realised a profit of Rs 3,864.06 crore on the remaining shares, representing a return of 105 times. HDFC Bank made an 11-fold profit on its 1.38 crore shares, purchased at Rs 108.29 per share. Union Bank of India increased the value of its 51.25 lakh shares, bought at Rs 5.20, by 249 times, yielding a profit of Rs 664.23 crore.
The surge has also favoured retail investors, with 10.31 lakh retail investors receiving allotments in NSDL’s IPO. Those who have retained their shares are now reaping substantial profits. Experts predict that, given NSDL’s leadership position, strong revenue visibility, and valuation, the stock will continue to be attractive for the long term.
According to Gaurav Garg of Lemon Markets Desk, “NSDL has the potential to perform strongly in investors’ portfolios for a long time due to its market presence and large client base.”
view comments
Read More
#Stock #Listed #Days #Turned #SBIs #Crore #Bet #Crore #Business #News
