NSDL’s IPO-Institutional shareholders will get 39,900% returns: SBI had taken the share for 2 rupees now its value ₹ 800; Offer is opening on 30 July

NSDL’s IPO-Institutional shareholders will get 39,900% returns: SBI had taken the share for 2 rupees now its value ₹ 800; Offer is opening on 30 July

Mumbai8 minutes ago Copy link The minimum lot of minimum for investment is of 18 shares. For which Rs 14,400 (Rs 800 x 18) is needed. The upcoming IPO of India’s largest depository NSDL is going to prove to be a machine to make money for its shareholders. The company’s institutional investors such as SBI,…

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SEBI approves National Securities Depository’s IPO: 6 existing shareholders of the company will sell 5.72 crore shares, this will be a complete OFS.

SEBI approves National Securities Depository’s IPO: 6 existing shareholders of the company will sell 5.72 crore shares, this will be a complete OFS.

Mumbai1 hour ago copy link Market regulator Securities Exchange Board of India (SEBI) has approved the IPO of National Securities Depository Limited (NSDL). This initial public offer of the country’s largest depository will be completely offer for sale i.e. OFS. According to the Draft Red Herring Prospectus (DRHP), 5.72 crore shares will be sold by…

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