NSDL IPO, Aug. 1 -- The much-anticipated and well-tracked initial public offer (IPO) for National Securities Depository Limited (NSDL) closed for subscription today, August 1, following the three-day bidding process. The issue garnered a healthy response from all quotas of investors amid positive comments from brokerages and a decent grey market premium (GMP).

NSDL IPO, which opened on July 30, was entirely an offer for sale of Rs.4,102 crore by several marquee players like IDBI Bank, National Stock Exchange, Union Bank, State Bank of India, HDFC Bank and SUUTI.

The object of the offer is to achieve the benefits of listing the equity shares on the stock exchanges. The issue priced at Rs.760 to Rs.800 apiece will see its shares list only...