Shares of National Securities Depository Ltd (NSDL) have delivered a long-awaited payday for its pre-IPO investors, jumping 62.5% over just three sessions from the IPO price of Rs 800 and eclipsing even the stock’s unlisted market peak. The stock soared as much as 19.5% on Friday to an intraday high of Rs 1,342.60 on the … Read more
Depository firm NSDL is targeting to launch its much awaited Rs 3,000-crore initial public offering (IPO) by next month, a senior official said on Thursday. As a market infrastructure institution (MII), National Securities Depository Ltd (NSDL) also needs other approvals apart from the draft red herring prospectus, the official said, adding that it is this … Read more
Sebi laid down the basic reporting framework in a circular issued in October 2020. In March and April 2021, NSDL told custodians that the reporting of ODI subscribers and DR holders would be effective from May 17, 2021. Synopsis By May, custodian banks — which are multinational financial services groups holding securities on behalf of … Read more