New Delhi, July 27 -- The most awaited National Securities Depository Ltd. (NSDL) initial public offering (IPO) is all set to hit the primary market next week. The NSDL IPO will open for subscription on July 30 and close on August 1.
NSDL IPO is a book-building of Rs.4,011.60 crores. The issue is entirely an offer for sale of 5.01 crore shares.
The NSDL IPO has allocated up to 50 per cent of the shares for Qualified Institutional Buyers (QIBs), at least 15 per cent for Non-Institutional Investors (NIIs), and a minimum of 35 per cent for retail investors. Additionally, up to 85,000 equity shares are set aside for eligible employees, who will also receive a discount of Rs.76 per share under the employee reservation segment.
This IPO is e...
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