HomeMarket NewsNSDL IPO price band fixed between ₹760 - ₹800; Check other details here
NSDL's ₹4,000 crore IPO will open on July 30 and close on August 1. Eligible employees have been offered shares at a discount in the IPO.
Securities Depository Ltd. (NSDL) has announced the price band for its Initial Public Offering (IPO) that is set to open on July 30.
NSDL has fixed its IPO price band to be between ₹760 to ₹800 per share, according to the offer document. NSDL will be offering shares of a face value of ₹2 each as part of its IPO.
The IPO will open on July 30 and close on August 1.
At the upper end of the price band, the NSDL IPO size will be worth ₹4,011 crore. The entire issue is an Offer for Sale (OFS), which means the depository services provider will not be receiving any proceeds from the issue.
This is a developing story.