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July 10, 2023
State Bank of India (SBI) plans to sell a 2% stake in National Securities Depositories Limited (NSDL) through an IPO, while HDFC Bank will also sell a 2% stake in the IPO. NSDL is a depository organization that provides clearing and settlement services for securities and instruments
July 9, 2023
(FE) National Securities Depository Ltd (NSDL) has filed draft papers with markets regulator Sebi for its initial public offering.The initial public offering (IPO) is a complete offer-for-sale (OFS) of more than 5.72 crore equity shares by existing shareholders, according to the draft red herring prospectus (DRHP). Under the OFS, IDBI Bank plans to offload 2.22…
July 9, 2023
The lender holds a 8.95% stake in NSDL, which handles most of the securities held and settled in dematerialised form in the Indian capital market.
July 9, 2023
NEW DELHI (Reuters) - HDFC Bank will sell a 2% stake in the initial public offering (IPO) of National Securities Depository (NSDL), the lender informed exchanges on Sunday.
July 9, 2023
HDFC Bank holds 8.95% stake in NSDL, which handles most of the securities held and settled in dematerialised form in the Indian capital market
July 9, 2023
If the listing goes ahead as planned, NSDL would become the second depository after peer Central Depository Services Limited in 2017 to be listed on the domestic bourses.
July 9, 2023
In its draft red herring prospectus (DRHP) dated July 7, the depository said the IPO will see sales of 57.3 million shares by its six shareholders.
July 9, 2023
HDFC Bank plans to divest a 2% stake in the National Securities Depository (NSDL) through its IPO. The bank will offload up to 40 lakh equity shares. Additionally, HDFC Bank will announce its Q1 results for FY24 on July 12.
July 8, 2023
If the listing plans fructify, NSDL would become the second depository services company to be listed on the domestic bourses, post the bumper market debut of peer CDSL in 2017
July 8, 2023
If the listing plans come to fruition, NSDL will become the second depository services company to be listed on domestic stock exchanges, following the successful market debut of its peer, Central Depository Services Limited (CDSL), in 2017