National Securities Depository Ltd (NSDL) shares made a strong debut on Wednesday, listed with a premium of 15% against the issue price of Rs 800.NSDL shares were listed at Rs 880 on the BSE, 10% higher than the issue price of Rs 800. The stock later climbed 15% to Rs 920. The company’s market valuation reached Rs 18,249 crore on the BSE.The Rs 4,011 crore Initial Public Offering (IPO) of NSDL received 41 times subscription on the closing day of bidding on Friday.However, the overall market remained in negative territory as the BSE Sensex declined by 102.09 points or 0.13% to 80,608.16 on Wednesday trading session.Last week, NSDL mobilised over Rs 1,201 crore from anchor investors. The initial share sale was priced within a band of Rs 760-800 per share, PTI reported.The depository’s public issue solely comprised an Offer For Sale (OFS) component of 5.01 crore shares, with shares sold by the National Stock Exchange of India (NSE), State Bank of India (SBI), HDFC Bank, IDBI Bank, Union Bank of India, and Administrator of Specified Undertaking of the Unit Trust of India (SUUTI).As the IPO is entirely an Offer for Sale (OFS), NSDL will not receive any funds from the public issue.With this listing, NSDL becomes the second depository in India to be publicly traded, after CDSL, which was listed in 2017.