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
The initial public offering (IPO) of National Securities Depository Limited (NSDL), India’s first and largest depository, attracted strong investor interest, with robust subscription continuing on the third and final day of bidding. The issue was booked 41 times overall, indicating solid demand across all investor categories. NSDL shares are trading at a 16% premium in … Read more
NSDL IPO: Issue opens July 30, here’s what you need to know about GMP, issue details Source link
The IPO market is bracing for a blockbuster week starting July 29 with 14 new issues lined up across mainboard and SME platforms. The combined fundraising target crosses Rs 7,000 crore, led by marquee names like National Securities Depository Ltd (NSDL) and Aditya Infotech, while several SME offerings aim to ride the retail frenzy. The … Read more
As India’s largest depository heads for a SEBI-mandated IPO by July 31, investor focus sharpens on how NSDL compares to its listed peer CDSL, whose stock has surged 44% over the past year. National Securities Depository Ltd (NSDL), the country’s oldest and largest depository by value of assets under custody, is nearing its much-anticipated stock … Read more
Capital markets regulator Sebi has granted an extension to NSDL (National Securities Depository Ltd) to launch its IPO by the end of July this year, according to multiple reports. The extension by the regulator comes as the IPO deadline would lapse this month. The Rs 3,000 crore IPO planned by the country’s largest securities depository … 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