National Securities Depository Limited (NSDL) is one of the two depositories operating in India. A depository can dematerialise physical securities (like shares, mutual fund units, bonds, etc) and is entrusted by the owners of these securities for their safekeeping. NSDL has about 2 crore demat accounts opened with it as of December 2019.

How do I apply for the NSDL IPO?

You can apply for the NSDL IPO on Console using any supported UPI app. Once you have entered your bid on Console, you will receive a mandate collect request on your UPI app. On acceptance of the mandate, the bid amount will get blocked in your bank account. Read more.