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NSDL IPO Subscribed Over 15 Times On Final Day Of Bidding
Non-institutional investors (NII) led the subscription race, overbooking their reserved section nearly 20 times. Employees booked their reserved portion nearly 10 times, while Retail Individual Investors (RII) subscribed nearly six times. QIBs subscribed to their allocated portion over three times.
NSDL IPO: Issue garners 41 times bids on third day. Check GMP and other details
Source: Live Mint NSDL IPO: The much-anticipated and well-tracked initial public offer (IPO) for National Securities Depository Limited (NSDL) closed for subscription today, August 1, following the three-day bidding process. The issue garnered a healthy response from all quotas of investors amid positive comments from brokerages and a decent grey market premium (GMP). NSDL IPO, which opened on July 30, was entirely an offer for sale of ₹4,102 …
NSDL IPO subscribed over 41 times on Day 3; GMP drops to 16%. Check reviews, other details
NSDL's IPO witnessed significant investor interest, being oversubscribed 41 times, driven primarily by QIBs. Grey market premiums suggest a strong listing, with brokerages recommending a 'Subscribe' rating for long-term investors, citing NSDL's market position and growth potential. The IPO price was set between Rs 760 to Rs 800 per share.
NSDL IPO Day 3 LIVE Updates: — Check GMP, Subscription And Other Details
The initial public offering of National Securities Depository Ltd., India’s first and largest securities depository, opened for third day of subscription after it was fully subscribed on its first day on Wednesday.On Day 3, the IPO was subscribed 5.90 times as of 10:27 a.m.The NSDL IPO is entirely an offer for sale of up to 5.01 crore equity shares by existing shareholders, including IDBI Bank, the National Stock Exchange of India, and the State…
According to NSE data, bids were received for a total of 17.65 crore shares for NSDL's ₹4,011 crore IPO, while only 3.51 crore shares were available. Looking at the segment-wise, the non-institutional investor category has received 11.08 times subscription. 4.17 times subscription has been registered from retail investors and 1.96 times subscription from qualified institutional investors. The price band of shares for the NSDL IPO has been fixed …
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