Central depositor services india cdsl, promoted by the bse, has got the regulatory nod to get listed by march 2017 and have appointed merchant bankers to handle the ipo. Find ipo date, price, live subscription, allotment, grey market premium. Cdsl ipo grey market premium cdsl gmp has started showing some movement. Cdsl ipo allotment status online check, listing date. Central depository services india ltd, popularly known as cdsl is the leading securities depository in india by incremental growth of beneficial owner bo accounts over the last three fiscals and by the total number of registered depository participants dps, as at the end of fiscal 2016, according to the crisil report.
Cdsl ipo allotment and listing timetable tentative. The public offer received bids for 4,20,60,29,600 shares against the total issue size of 2. Let us clarify here that the grey market is an unofficial market where interested traders can bid and offer. May 04, 2017 cdsl is the most anticipated ipo for this year.
They key driver for growth of both nsdl and cdsl has been. A rs 524crore initial public offering by central depository services india ltd got oversubscribed by over 169 times on the on the last day of the bidding. Ipo grey market premium in india gmp helps in deciding the premium of the ipo shares on listing day. They key driver for growth of both nsdl and cdsl has been due to the backing it has received from the stock exchange and the broker community associated with it. How much of an open gap will the cdsl ipo listing have. Jun 20, 2017 cdsl is coming with an ipo and the grey market is very excited about it and pricing it at a premium of 100105 share, this is a listing gain of a whopping 6570%. Central depository services ltd cdsl, one of the two depository services providers in india, is offering its shares to public for subscription through an initial public offer.
Asba stands for application supported by blocked amounts. Cdsl has wide source of revenues, 35% from the annual issuer charges which is recurring. Cdsl is coming with an ipo and the grey market is very excited about it and pricing it at a premium of 100105 share, this is a listing gain of a whopping 6570%. What is the difference between the nsdl and the cdsl. Enter either pan number, application number or dp client id of the demat account to check the cdsl ipo allotment status. Jan 12, 2018 the initial public offering ipo of central depository services india ltd cdsl was oversubscribed 2 times on the first day of the threeday bidding process today. According to sources, the grey market premium for the stock is around. Cdsl ipo records highest investor turnout in 12 years.
Bse ipo bombay stock exchange ipo also lists with some good premium making its investors happy once again. The ipo opens on jun 19, 2017 and closes on jun 21, 2017. Cdsl ipo opens on june 19, price band fixed at rs 145149. Cdsl makes stock market debut on june 30 according to sources, the grey market premium for the stock is around rs 90100, which indicated that the listing may be around rs 225250 per share. Hdfc asset management company limited ipo, hdfc amc ipo details, hdfc amc ipo allotment status online, grey market and gmp. Home ipo grey market premium and discussion ipo 2017 cdsl ipo cdsl ipo cdsl is the leading securities depository in india by incremental growth of beneficial owner bo accounts over the last three fiscals and by the total. It includes dmart ipo, cdsl ipo, nse ipo, continental warehousing ipo and music broadcast ipo. The grey market premium indicates a high possibility of hnis losing.
Cdsl has put up a great show in financial performance. Cdsl, the central depository services india limited is coming up with ipo for which the market has been waiting. Subscription of central depository services ltd cdsl ipo is expected to hit market from june 19, 2017 june 21, 2017. The minimum order quantity is 100 shares per application and the offer type is book built issue. Cdsls ipo received a spectacular 170times oversubscription last.
Cdsl ipo is a mainboard ipo of 35,167,208 equity shares of the face value of. Ipo central depository services india note limited. Kostak rate is the premium one gets by selling hisher ipo application. Central depository services india limited the company or issuer or cdsl is proposing, subject to applicable statutory and regulatory. Oct 10, 2017 the ipo of cdsl was the most subscribed in over a decade. Cdsl, one of the two depository services providers in india, is offering its shares to public for subscription through an initial public offer ipo. Cdsl ipo records highest investor turnout in 12 years vccircle. Central depository services ltd cdsl on tuesday filed a draft prospectus with the capital markets regulator securities and exchange board of india for an initial public offering. Enter either pan number, application number or dp client id of the demat account to. They are coming with an ipo which will hit the primary market on 19 th june 2017 and closes on 21 st june 2017. Find the latest information on list of initial public offerings ipo along with new, recent, live and current public issues at bse india. Cdsl ltd is leading securities depository in india.
Securities depository firm cdsl files for ipo vccircle. Jun, 2017 central depository services cdsl has priced its initial public offering ipo, aimed at raising up to rs 524 crore, between rs 145 to rs 149 per equity share. It offers various services, such as account opening, dematerialization, processing delivery and receipt instructions, account statement, re. The grey market works before the ipo listing and during the days of the ipo start and the allotment. Cdsl ipo price, subscription, allotment, listing, gmp ipo central. Jun 21, 2017 cdsl, one of the two depository services providers in india, is offering its shares to public for subscription through an initial public offer ipo, which opened on june 19, 2017. The public offer received bids for 4,20,60,29,600 shares. Online ipo application through sbi bank net banking asba. Now finally it has started moving if we look at the listing of quess corp ipo, advanced enzyme ipo, rbl bank ipo, bse ltd ipo it all got listed around its grey market premium gmp only.
Cdsl ipo price, subscription, allotment, listing, gmp. Cdsl ipo allotment and listing timetable tentative indian. Cdsl ipo central depository services india limited. The initial public offering ipo of central depository services india ltd cdsl was oversubscribed 2 times on the first day of the threeday bidding process today.
While latest grey market premium gmp of avenue supermarts ltd ipo dmart ipo. Details of cdsl ipo such as price band, date, listing, allotment, financial performance. Cdsl is coming with an ipo and the grey market is very excited about it and. The book running lead managers to the offer were haitong securities. Central depository services india limited ipo cdsl ipo detail.
This system is certain that the amount required to apply for an ipo is blocked in the selected savings account, without being debated only in the case of allotment is the amount finally debited. We are not buying and selling ipo forms on ipo grey market. Central depository services ltd cdsl, one of the two depository services providers in india, is offering its shares to public for subscription through an initial public offer ipo, which opened on june 19, 2017. About central depository services india limited ipo ipo. The ipo received bids for 2,61,69,500 shares against the total issue size of 2,48,27,046 shares, as per data. These 5 upcoming ipos in india that can create good wealth in 2017. Then, why do ipos trade in the grey market before listing. Jun 05, 2017 cdsl, the central depository services india limited is coming up with ipo for which the market has been waiting. Cdsl ipo subscribed two times on day 1 of issue 2 min read. It offers various services, such as account opening, dematerialization, processing delivery and receipt instructions, account statement, rematerialization, pledging, nomination, transmission of securities, change in address, bank account details, and sms services for depository participants. Incorporated on 12th december 1997, cdsl is the leading securities depository in india by incremental growth of beneficial owner bo accounts over the last 3 fiscals and by the total number of registered depository participants dps, as at the end of fiscal 2016. The cdsl ipo the moat investment but too many takers. Cdsl ipo allotment status online check, listing date, listing. The depository participant dp, who as an agent of the depository, offers depository services to investors.
For hnis to make profit, cdsl has to list at 6575% premium. The price band for the share sale has been fixed at rs 145149 by continuing to use this site you consent to the use of cookies on. About central depository services india limited ipo ipo a depository facilitates holding of securities in the electronic form and enables securities transactions to be processed by book entry. Indian ipo blog features the latest news, views and happenings in the indian ipo markets and personal finance world in general we strive to offer the best on the latest happenings in the indian ipo markets and stock markets in general indian ipo blog has presence across social media with more than 5000 whatsapp members and several followers on facebook and. Cdsl stock discussion forum online india, can i buy cdsl. Kostak rate is the premium one gets by selling hisher ipo application in an offmarket transaction to someone else even before allotment or listing of the issue. The article explains the procedure to purchase the ipo online in sbi bank. About cdsl promoted by bse, cdsl was incorporated in 1999. Central depository services india ltd cdsl operates as a securities depository in india.
Jun 19, 2017 abhimanyu sofat, vpresearch, iifl said, cdsl ipo looks pretty interesting to us. The grey market premium indicates how the ipo might react on a listing day. The ipo was subscribed more than 170 times the number of shares on offer. If you look at cdsl excluding the cash which is there on the balance sheet, the return on invested capital roic pretax is somewhere close to 100 odd per cent, which as good as something one would see in crisil. Now next in pipeline is avenue supermarts ltd ipo dmart ipo which is expected to hit market from march 08, 2017 march 10, 2017. Cdsl has wide source of revenues, 35% from the annual issuer charges which is recurring in nature and 21% from transactions having some correlation with volumes in the markets. Central depository services india limited the company or issuer or cdsl is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to undertake an initial public offering of its equity shares and has filed a red herring prospectus rhp with the registrar of companies.
It has fixed the price band at rs 145149 per share. Indias secondlargest fund house hdfc asset management company limited is planning to raise money from the markets and is scheduled to come up with an initial public offering ipo from 25th july 2018. Bsepromoted cdsl plans to raise more than rs 500 crore from its initial public offering ipo. The initial price offer can be made through the fixed price issue or book building issue or a combination of both. Subscription of central depository services ltd cdsl. Cdsl becomes the second financial market infrastructure entity to announce an ipo. Central depository services ltd ipo cdsl ipo details. Below are the steps to check cdsl ipo allotment status online. Based on the grey market premium, brokers had expected the stock to list. Shares of central depository services cdsl are trading at a premium of more than 50 per cent in the grey market. The premium is much higher than what its parent bse commanded ahead of its initial public offering ipo earlier this year.
Cdsl offers an efficient and instantaneous transfer of securities. In the fixed price ipo process, the company along with their underwriters evaluate the companies assets, liabilities, and every financial aspect. The transformation from private to public is a significant phase for the private investors to completely realize profits from their investment as it totally involves share. According to the draft prospectus, bse which is its promoter holds 52,297,850 shares or 50. A depository facilitates holding of securities in the electronic form and enables securities transactions to be processed by book entry. Central depository services india limited ipo cdsl ipo. Cdsl ipo sees overwhelming response, subscribed 170 times. Jun 24, 2017 indian ipo blog features the latest news, views and happenings in the indian ipo markets and personal finance world in general we strive to offer the best on the latest happenings in the indian ipo markets and stock markets in general indian ipo blog has presence across social media with more than 5000 whatsapp members and several followers on facebook and twitter. Explore cdsl ipo profile at times of india for photos, videos and latest news of cdsl ipo.
It is essentially a security depository service engaged in various forms of account opening, rematerialization and. As mentioned above, it is outsmarting its bigger rival nsdl in acquiring new customers and this is clearly reflected in cdsl. Jun 21, 2017 the cdsl ipo also beats bengalurubased business service provider quess corp ltds share sale last year and avenue supermarts ltds public issue in march this year data showed also that institutional buyers category in the cdsl ipo was covered nearly 150 times on the final day while the portion set aside for noninstitutional investors, such as corporate houses and wealthy individuals. Indian ipo blog features the latest news, views and happenings in the indian ipo markets and personal finance world in general we strive to offer the best on the latest happenings in the indian ipo markets and stock markets in general indian ipo blog has presence across social media with more than 5000 whatsapp members and several followers on facebook and twitter. Jun 14, 2017 cdsl central depository services limited is one of the depository participants in india. Cdsl ipo allotment status link, date, news chittorgarh. Cdsl central depository services limited is one of the depository participants in india. Nsdlnational securities depository limited is the oldest and largest electronic securities depository in india, which began operations. It is essentially a security depository service engaged in various forms of account opening, re.
The initial public offer of central depository services india ltd got fully subscribed on the first day of bidding. Ipo grey market premium ipo gmp mention is valid for the specific date as mentioned in the header. Hdfc amc ipo, allotment status, grey market, price, gmp. Cdsl ipo sees overwhelming response, subscribed 170 times on.
Edelweiss house, off cst road, kalina, mumbai 400098, tel. Most awaited central depository services india limited cdsl ipo hits the market next week. You will need a reliable broker to sell your shares in grey market. The initial public offering of central depository services ltd cdsl received bids for 170 times the number of shares on sale, making it the most attractive ipo in nearly 12 years. The ipo of cdsl was the most subscribed in over a decade.
Read more about countrys secondlargest depository cdsls ipo fully subscribed on day 1 on business standard. Central depository services limited cdsl, is the second indian central securities depository based in mumbai. Home ipo grey market premium and discussion ipo 2017 cdsl ipo cdsl ipo cdsl is the leading securities depository in india by incremental growth of beneficial owner bo accounts over the last three fiscals and by the total number of registered depository participants dps, as at the end of fiscal 2016, according to the crisil report. Jun 19, 2017 below are the steps to check cdsl ipo allotment status online. It also allows investors to sell the ipo shares or ipo. Bse subsidiary, cdsl ipo would open for subscription on 19th june, 2017. An initial public offering refers to the procedure of proffering shares of the public companies to the public in new stock issuance. Central depository services cdsl has priced its initial public offering ipo, aimed at raising up to rs 524 crore, between rs 145 to rs 149 per equity share. The cdsl ipo grey market premium gives some hint but the actual listing price is difficult to guess. As mentioned above, it is outsmarting its bigger rival nsdl in acquiring new customers and this is clearly reflected in cdsls top line which has grown from inr124 crore in fy20 to inr186. Cdsl makes stock market debut on june 30 according to sources, the grey market premium for the stock is around rs 90100, which indicated that the listing may. Afp cdsl ipo sees overwhelming response, subscribed 170 times on last day.
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