
Investolane
May 19, 2025 at 03:47 PM
*NSDL trims offer size to 50.15 million shares ahead of IPO deadline*
✅ The markets regulator SEBI had given the depository an extension until the end of July to launch its highly-awaited public offering worth ₹3,000 crore.
✅ Six existing shareholders will dilute their stakes, including National Stock Exchange (NSE), IDBI Bank, and HDFC Bank. NSE will offer to sell 18 million shares, or 9 per cent of the 24 per cent stake it holds currently.
✅ India’s largest depository had filed its draft prospectus with the SEBI in 2023 and received approval for the same in 2024.
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