National Securities Depository Ltd (NSDL), a central pillar in India’s dematerialized securities market, made its much-awaited stock market debut on August 6, 2025. The shares listed on the BSE at ₹880 per share, marking a robust 10% premium over its issue price of ₹800 per share. This positive opening, while slightly below some grey market expectations of 15-20%, still signaled strong investor confidence in the depository’s long-term prospects.