CDSL's IPO oversubscribed 170 times

The Central Depository Services' (India) (CDSL) initial public offering (IPO) issue got oversubscribed by more than 170 times on Wednesday.

According to data with stock exchanges, till 10.30 p.m. investors bid for over 422 crore shares as against only 2.48 crore equity shares offered by the company in a price band of Rs 145-149.

Last week, CDSL had raised Rs 154.07 crore from 15 anchor investors at the upper price band of Rs 149 per share.

--IANS

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