Live Markets »IPO»IPO News»IPO News Details
IPO News Details
Back

Country's second-largest depository CDSL's IPO fully subscribed on Day 1

Press Trust of India / New Delhi 19 Jun 17 | 03:36 PM

The initial public offering (IPO) of Central Depository Services (India) Ltd (CDSL) was oversubscribed 1.01 times on the first day of issue on Mondays.

The IPO, to raise Rs 524 crore, received bids for 2,51,65,900 shares against the total issue size of 2,48,27,046 shares, data available with the NSE till 1430 hours shows.

Widgets Magazine

CDSL on Friday raised Rs 154.07 crore from 15 anchor investors.

The price band for the share sale has been fixed at Rs 145-149.

Through the offer, which closes on June 21, CDSL's promoter and leading stock exchange BSE plans to sell 3.51 crore shares.

The book running lead managers to the offer are Haitong Securities India Pvt Ltd, IDBI Capital Markets and Securities Ltd and YES Securities (India) Ltd.

CDSL is the second largest depository in the country.

Widgets Magazine
1 Reply

Comments

    11 Jul 17 at 03:50 PM
By: Steve

To be honest i`m new in IPO. But still that was obvious. My friend who is writing an essays for money predicted this like few months ago. I also read some good college papers connected with this topic. So i can predict that situation won`t change in the near future. But who knows. I`m still a newbie here. So let`s see.



Leave a reply


Name:  
Email: *  
Comment: *
(Max. 1000 characters)
 
Word Verification: *  
  Comment  

Sensex

Company Price Gain (%)
Wipro286.406.47
Reliance Inds.1,586.203.76
Coal India262.252.66
TCS2,490.901.87
Kotak Mah. Bank998.651.86
Widgets Magazine

Poll

What do you think the impact of GST on the cost of living will be?



Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine