CDSL IPO subscribed 170.11 times

The Initial Public Offering of Central Depository Services (India) Limited which opened for subscription on June 19, 2017 has received subscription of 170.11 times.

The IPO has garnered subscription for 4,22,34,45,000 equity shares against the offer of 24827046 equity shares. The total bids received at cut-off price is 23,98,15,100 equity shares.

The IPO closed for subscription today - June 21, 2017.

The company came out with Initial Public Offering (IPO) of up to 35,167,208 Equity Shares (including anchor portion of 1,03,40,162 Equity Shares) through 100% Book Building offer at a price range of Rs 145 to Rs 149.

Axis Capital Limited, Edelweiss Financial Services Limited, Nomura Financial Advisory and Securities (India) Private Limited and SBI Capital Markets Limited were the Global Co-ordinators and Book Running Lead Managers for the issue.

Haitong Securities India Private Limited, Yes Securities (India) Limited and IDBI Capital Markets & Securities Limited (Formerly known as IDBI Capital Market Services Limited) were the Book Running Lead Managers to the IPO.

Edelweiss Securities Limited, SBICAP Securities Limited and Karvy Stock Broking Limited were the syndicate members to the issue.

Link Intime India Private Limited was the registrar to the issue.

Source : Equity Bulls

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