National Securities Depository Ltd (NSDL) shares closed at Rs 936 per share. This marks a 17 percent increase from the IPO price of Rs 800 per share. The shares had listed with a premium of 10 percent over the IPO price at Rs 880 apiece.

The listing premium was lower than grey market estimates. Ahead of listing, the unlisted shares of the company were trading with a grey market premium of nearly 16 percent over the IPO price. According to analysts, investors should consider holding the stock for the long term, given NSDL’s strong fundamentals and leadership in the depository segment.