IPOs Open Today Live Updates: NSDL, Sri Lotus among five issues aim to raise ₹7,000 crore

IPOs Open Today Live Updates: As many as five companies will be vying for investor attention with their respective initial public offerings for the next two trading sessions. These companies, led by NSDL, are looking to raise up to ₹7,000 crore. Securities Depository Ltd. (NSDL) is looking to raise ₹4,000 crore through its Offer for Sale (OFS), which means that the company will not receive any proceeds. Watch this space for all the live updates.

IPOs Open Today Live Updates: As many as five companies will be vying for investor attention with their respective initial public offerings for the next two trading sessions. These companies, led by NSDL, are looking to raise up to ₹7,000 crore. Securities Depository Ltd. (NSDL) is looking to raise ₹4,000 crore through its Offer for Sale (OFS), which means that the company will not receive any proceeds. Also opening for subscription today are real estate developer Sri Lotus, which is seeking to raise ₹792 crore through its issue, while M&B Engineering's ₹650 crore also opens for subscription today. Out of the two issues that opened for subscription on Tuesday, Aditya Infotech's ₹1,300 crore issues was fully subscribed on the first day of bidding, while Laxmi India Finance's IPO saw a 37% subscription on the first day of bidding. For NSDL, existing shareholders like HDFC Bank, SBI, IDBI Bank, NSE will make gains of up to 400x on their investment. Watch this space for all the live updates.