NSDL is expected to start taking investors’ orders for its Initial Public Offer (IPO) from next week, says a Bloomberg report. The IPO of National Securities Depository Ltd could fetch as much as $500 million, says the report.
The investors’ order is expected to see a share sale from major NSDL investors like the National Stock Exchange, IDBI Bank, and the State Bank of India. NSDL will not receive any proceeds from these disinvestments by shareholders, the report adds.
This is a breaking story. More Information will be added soon…