Page 4 - Nsdl

Sebi removes NSDL IPO from abeyance; Oil drops close to July low

Inox India's and Stanley's IPO comprise secondary share sale of 22.11 million and 9.13 million shares, respectively

BSE, CDSL, KFin Tech: Rally in exchange-related stks may halt, say analysts

BSE, CAMS, CDSL, KFin Tech: With market buoyancy to keep up the pace, the long-term view remains robust, but there is likely not much upside in the medium-term after the recent gains, analysts said

Protean eGov jumps 15% for 2nd straight day; now up 55% over issue price

The stock hit a new high of Rs 1,227.80 and has zoomed 55 per cent against its issue price of Rs 792 per share in just three trading sessions.

FPI selloff in Indian shares hits nine-month high in October: NSDL data

Geopolitical concerns due to the ongoing Middle East conflict also added to the risk aversion in the markets in October, analysts added

FPI selloff in Indian shares continues in first half of Oct: NSDL data

Equity mutual funds have seen inflows from domestic investors for 31 consecutive months, according to official data

Sberbank becomes first Russian bank to register with Sebi as FPI: NSDL

Joins five other from Russia to obtain FPI registration

Sebi keeps in abeyance the proposed IPO sale of securities depository NSDL

Capital markets regulator Sebi has kept in 'abeyance' the proposed initial share sale of securities depository NSDL. However, the Securities and Exchange Board of India (Sebi) did not clarify further. The National Securities Depository Ltd (NSDL) filed its preliminary papers with the capital markets regulator on July 7. Going by the draft papers, NSDL's proposed initial public offering (IPO) is a complete offer-for-sale (OFS) of more than 5.72 crore equity shares by existing shareholders. Under the OFS, IDBI Bank plans to offload 2.22 crore shares, National Stock Exchange (NSE) 1.80 crore shares, Union Bank of India 56.25 lakh shares, State Bank of India and HDFC Bank will offload 40 lakh shares each. Also, Administrator of the Specified Undertaking of the Unit Trust of India (SUUTI) will sell 34.15 lakh shares of the Mumbai-based depository. IDBI Bank and National Stock Exchange (NSE) held 26.10 per cent and 24 per cent, respectively, of the share capital of NSDL. A certain por

SBI to sell 2% equity stake in IPO-bound NSDL through offer for sale

State Bank of India (SBI) on Monday said it proposes to sell 2 per cent stake by offloading 40 lakh shares in depository organisation NSDL. The bank intends to participate in an Initial Public Offering (IPO) of National Securities Depositories Limited (NSDL), SBI said in a regulatory filing. SBI holds 5 per cent stake in the NSDL while it intends to divest 2 per cent in the Offer For Sale (OFS) subject to the terms of the proposed IPO, it said. NSDL is a depository set-up to carry on, regulate and manage the business of providing depository and clearing and settlement services in respect of securities and instruments of all kinds. It has three operating segments -- depository, database management services, and banking services.

HDFC Bank to sell 2% stake in NSDL IPO; IDBI Bank to sell 22.2 mn shares

In its draft red herring prospectus (DRHP) dated July 7, the depository said the IPO will see sales of 57.3 million shares by its six shareholders

National Securities Depository files DRHP with Sebi to float IPO

As of June 2023, NSDL handled 32.3 million demat accounts with underlying assets of Rs 338 trillion

India's demat tally tops 120 mn; June additions highest in 13 months

Benchmarks Sensex and Nifty50 logged fourth straight monthly gain in June, their longest since October 2021

FPIs extend buying streak in Indian equities in June, shows NSDL data

Concerns over China's economic recovery have also aided flows into India, said Sameer Kaul, MD and CEO at TrustPlutus Wealth (India) Pvt

NSDL warns brokers 'opting out' of demat nomination without investors' nod

Some brokers were opting out on behalf of investors who hadn't submitted choice of nomination and whose trading accounts will become inactive after March 31 if they don't exercise their choice by then

NSDL acquires 5.6% stake in govt's e-commerce project ONDC for Rs 10 crore

Leading depository NSDL on Wednesday said it has acquired a 5.6 per cent stake in the Union government's Open Network for Digital Commerce for Rs 10 crore. National Securities Depository Limited (NSDL) invested an amount of Rs 10 crore in ONDC under the private placement route, the depository said in a statement. "This strategic deal will further strengthen the digital ecosystem to take digital e-commerce to the people of India," Padmaja Chunduru, MD and CEO at NSDL, said. ONDC is an initiative of the Commerce Ministry to create an open public digital infrastructure, while NSDL has played a key role in transforming the Indian securities market by facilitating, holding and transfer of securities in dematerialised form. NSDL demat account holders are serviced through the Depository Participants from 58,000 service centres. Its investors are present in 99 per cent of pincodes in India and are spread across 189 countries. "We are glad to have NSDL as a stakeholder which would be of ..

Dematerialisation: A digital revolution in Indian finance

Exactly 26 years ago, India embarked on a very ambitious path in digital finance leading to remarkable results. It is time for more such reforms

Irdai set to meet insurance CEOs on dematerialisation of policies

This initiative was started by insurance regulator a few years ago, but did not take off as the operational challenges and associated cost for insurers outweighed customer convenience

New milestone: Demat accounts surpass 100 million for the first time

The tally was less than 41 million before Covid-19 pandemic

India at 75: 20 milestones for Indian markets between 1995 and 2002

From the launch of the Nifty50 to the Ketan Parekh scam and the slump in the aftermath of the 9/11 terror attacks, here are the 20 biggest events for stock markets from 1995 to 2002

Rupee ends at new low as global risk fears spur rush to safe-haven dollar

The rupee has already lost 0.5% to the greenback this week, taking the depreciation for 2022 so far to 6.7%

Indian stocks set to post their worst half-year performance in two years

Among sectors, the largest decline was seen in metal & information technology (IT) stocks, while relative outperformance was seen in auto counters