NSDL IPO Explained, July 28 -- The initial public offering (IPO) of National Securities Depository Ltd. (NSDL) is set to open on Wednesday, July 30, and will remain open until Friday, August 1. The bookbuilding issue is entirely an offer for sale of 5,01,45,001 shares, with a price band set at Rs.760 to Rs.800 per share.

Let's take a look at 10 key things to know from the Red Herring Prospectus (RHP) of the National Securities Depository IPO:

According to the RHP, IDBI Bank, NSE, Union Bank of India, SBI, HDFC Bank, and Administrator of SUUTI (Specified Undertaking of the Unit Trust of India) are the selling shareholders of the NSDL IPO.

IDBI Bank is offloading 22,220,000 shares of NSDL, while NSE has offered 18,000,001 equity shares. ...