Did SBI's Rs 1.2 Crore Investment in NSDL Really Skyrocket to Rs 7,800 Crore in Just 3 Days?
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Synopsis
The State Bank of India has achieved a monumental success with its investment in NSDL, witnessing a staggering leap from Rs 1.2 crore to Rs 7,800 crore in just three days. This incredible growth highlights the lucrative potential of strategic investments in the stock market.
Key Takeaways
- State Bank of India’s investment in NSDL skyrocketed from Rs 1.20 crore to Rs 7,801.80 crore.
- Initial share price at IPO was Rs 800, with a debut price of Rs 880.
- Investors saw returns exceeding 6,50,000 per cent in just three days.
- Other banks like IDBI and HDFC also reported significant profits.
- Market dynamics can yield substantial returns for strategic investors.
Mumbai, Aug 10 (NationPress) The State Bank of India has struck a remarkable fortune with its initial investment in National Securities Depository Limited (NSDL). What started as a modest stake of Rs 1.20 crore has soared to Rs 7,801.80 crore in a mere three trading days, yielding an astonishing return of over 6,50,000 per cent.
NSDL made its stock market debut on August 8, priced at Rs 880 per share, reflecting a 10 per cent premium over its IPO price of Rs 800.
Since the debut, the share price has surged to Rs 1,300.30, representing a remarkable 62.5 per cent increase within just 72 hours.
The State Bank of India stands out as the largest beneficiary, having acquired 6 million shares — a 3 per cent stake — at merely Rs 2 each, totaling an investment of only Rs 1.20 crore.
Today, that investment is valued at Rs 7,801.80 crore, granting SBI an incredible paper profit of Rs 7,800.60 crore and a return of 6,50,050 per cent.
IDBI Bank also mirrored SBI’s success with its purchase of 29.98 million shares (a 14.99 per cent stake) at Rs 2 each for Rs 5.996 crore. This holding is now worth Rs 3,898.80 crore, resulting in a profit of Rs 3,892.80 crore.
The Specified Undertaking of the Unit Trust of India (SUUTI) has also joined the impressive ranks, having acquired 10.245 million shares (a 5.12 per cent stake) for just Rs 2.049 crore. This investment is now valued at Rs 1,332.68 crore, leading to a profit of Rs 1,330.63 crore. Even investors who paid a higher price have seen extraordinary gains.
The National Stock Exchange bought its remaining 29.999 million shares (a 15 per cent stake) at Rs 12.28 each, investing Rs 36.84 crore. Those shares have now appreciated to Rs 3,900.90 crore, indicating a more than 105-fold increase.
HDFC Bank procured 13.8995 million shares (a 6.95 per cent stake) at Rs 108.29, transforming its Rs 150.54 crore investment into Rs 1,657.54 crore, an impressive 11-bagger with a profit of Rs 1,507 crore.
Union Bank of India purchased 5.125 million shares (a 2.56 per cent stake) at Rs 5.20, witnessing a rise from Rs 2.665 crore to Rs 666.90 crore, a remarkable 249-bagger with profits of Rs 664.23 crore.
Point of View
It's essential to highlight the remarkable financial achievements of institutions like the State Bank of India, which showcase both the potential of strategic investments and the broader implications for the banking industry. This monumental growth emphasizes the dynamic nature of the stock market and signals a promising future for savvy investors.
NationPress
19/08/2025
Frequently Asked Questions
What was SBI's initial investment in NSDL?
SBI's initial investment in NSDL was Rs 1.2 crore.
How much is SBI's investment worth now?
SBI's investment in NSDL is now valued at Rs 7,801.80 crore.
What percentage return did SBI achieve?
SBI achieved an unbelievable return of over 6,50,000 per cent on its investment.
When did NSDL make its stock market debut?
NSDL made its stock market debut on August 8.
What was the share price of NSDL at its IPO?
The IPO price of NSDL shares was Rs 800.
