The CDSL IPO is a book-built offering worth Rs 523.99 crore. The offering consists fully of 3.52 crore shares for sale. Bidding for the CDSL IPO began on June 19, 2017 and finished on June 21, 2017. The CDSL IPO allotment was completed on Thursday, June 29, 2017. On June 30, 2017, the shares were listed on the NSE. The CDSL IPO pricing range is established at 145 to 149 cents per share. A lot size of 100 shares is required for an application. Retail investors must make a minimum investment of $14,900.
Central Repository Services (India) Limited (CDSL), a subsidiary of BSE Limited, was founded in 1999 and serves as a securities repository in India. Account establishment, dematerialization, processing delivery and receipt instructions, account statement, re-materialization, pledging, nomination, transfer of securities, change in address, bank account details and SMS services are among the services provided to depository participants. CDSL also provides issuers with the ability to credit securities to a shareholder’s or applicant’s demat account; KYC services in
relation to capital market investors to capital market intermediaries; and the ability to hold insurance policies in electronic form for holders of these insurance policies from various insurance companies. They also offer other online services such as e-voting, e-locker, national academy depository, electronic access to security information and execution of secured transactions, will drafting and preparation for succession, and mobile application and transactions using secured texting. Depository participants, issuing businesses, registrar and transfer agents, beneficial owners, and clearing members are among the intermediaries that it uses to assist investors.
CDSL IPO Details
| IPO Date | June 19, 2017 to June 21, 2017 |
| Listing Date | June 30, 2017 |
| Face Value | ₹10 per share |
| Price Band | ₹145 to ₹149 per share |
| Lot Size | 100 Shares |
| Total Issue Size | 35,167,208 shares (aggregating up to ₹523.99 Cr) |
| Offer for Sale | 35,167,208 shares of ₹10 (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE |
CDSL IPO Timeline
| IPO Open Date | Monday, June 19, 2017 |
| IPO Close Date | Wednesday, June 21, 2017 |
| Basis of Allotment | Thursday, June 29, 2017 |
| Initiation of Refunds | Thursday, June 29, 2017 |
| Credit of Shares to Demat | Thursday, June 29, 2017 |
| Listing Date | Friday, June 30, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 21, 2017 |
CDSL IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 6,893,442 (27.77%) | NA |
| NII (HNI) Shares Offered | 5,170,081 (20.82%) | |
| Retail Shares Offered | 12,063,523 (48.59%) | 120,635 |
| Employee Shares Offered | 700,000 (2.82%) | NA |
| Total Shares Offered | 24,827,046 (100%) |
CDSL IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹14,900 |
| Retail (Max) | 13 | 1300 | ₹193,700 |
Objects of the Issue (CDSL IPO Objectives)
The object of the offer is to:
- Achieve the benefits of listing the equity share on NSE
- Enhance it’s visibility and brand image and provide liquidity to it’s existing shareholders.
CDSL IPO Listing Details
| Listing Date | June 30, 2017 |
| BSE Script Code | |
| NSE Symbol | CDSL |
| ISIN | INE736A01011 |
| Final Issue Price | ₹149 per share |
CDSL Listing Day Trading Information
| Price Details | NSE |
|---|---|
| Final Issue Price | ₹149.00 |
| Open | ₹250.00 |
| Low | ₹250.00 |
| High | ₹269.95 |
| Last Trade | ₹261.60 |
Central Depository Services (India) Limited Contact Details
Central Depository Services (India) Limited
17th floor,
P J Towers, Dalal Street,
Mumbai, 400001
Phone: +91 (22) 2272 3333
Email: [email protected]
Website: http://www.cdslindia.com
CDSL IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in
CDSL IPO FAQs
Q1. What is a CDSL IPO?
Ans. CDSL IPO is a main-board IPO of 35,167,208 equity shares with the face value of ₹10 aggregating up to ₹523.99 crore. The issue is priced at ₹145 to ₹149 per share. The minimum order quantity is 100 Shares. The IPO opens on June 19, 2017, and closes on June 21, 2017.
Q2. When CDSL IPO will open?
Ans. The CDSL IPO opens on June 19, 2017 and closes on June 21, 2017.
Q3. What is the lot size of CDSL IPO?
Ans. CDSL IPO lot size is 100 Shares, and the minimum amount required is ₹14,900.
Q4. When is CDSL IPO listing date?
Ans. The CDSL IPO listing date is on June 30, 2017.
