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