CDSL IPO evokes huge demand from investors

The Initial Public Offering of Central Depository Services (India) Limited (CDSL) has received huge over subscription of 169.16 times. The IPO opened for subscription on June 19, 2017 and closed on June 21, 2017.

The overall issue has received bids for 4224517200 equity shares against the offer of 24827046 equity shares resulting in a subscription of 170.16 times.

The Qualified Institutional Buyers (QIBs) portion of the issue has received subscription of 148.71 times with bids for 1025155600 equity shares against the offer of 6893442 equity shares.

The Non Institutional Investors portion of the IPO has garnered demand for 2910888600 equity shares against the offer of 5170081 equity shares resulting in a subscription of 563.03 times.

The Retail Individual Investors(RIIs) has received demand for 287453200 equity shares against the offer of 12063523 equity shares. The retail portion got overall subscription of 23.83 times.

The Employees portion fo the issue also received good demand with bids for 1019800 equity shares against the offer of 700000 equity shares.

Source : Equity Bulls

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