CDSL to list on the stock market today

NEW DELHI: Central Depository Services (India) Ltd (CDSL) will make its stock market debut on Friday, after successfully concluding its initial public offer last week. The IPO of BSE’s depository arm received an overwhelming response from investors as it was oversubscribed a staggering 170.16 times during June 19-21. The qualified institutional buyers (QIBs) portion was oversubscribed 148.71 times, non institutional investors 563.03 times and retail investors 23.83 times. The price band for the share sale was fixed at ₹145-149. The IPO size was of 3.51 crore shares, including anchor portion of over 1 crore shares.