SBI leads the pack. The country’s largest lender picked up 6 million shares (3% stake) at just ₹2 apiece, spending ₹1.20 crore.
State Bank of India is offloading 40 lakh shares purchased at ₹2 each. At the upper IPO price band of ₹800, SBI will pocket ₹320 crore—a return of 39,900% on its original ₹80 lakh investment.
National Securities Depository Limited (NSDL) IPO is set to open on July 30, marking its debut on Dalal Street nearly seven years after its peer CDSL got listed. NSDL is looking to raise around ₹4,011 crore through a pure offer for sale from existing shareholders like NSE, IDBI Bank, SBI, HDFC Bank, and others. The price band has been set between ₹760 and ₹800 per share. While CDSL holds nearly double the number of accounts compared to NSDL, NSDL has a stronger institutional base, making this IPO an interesting opportunity for diversification. Catch a detailed analysis of NSDL IPO
National Securities Depository (NSDL) is advancing plans for its initial public offering =, which is anticipated to raise around $400 million, according to a Bloomberg report.
NSDL shares rally: Unlisted shares of National Securities Depository have been hogging limelight, rising 40 per cent in 2 months in the pre-IPO markets, on the back of multiple reasons.
NSDL share price: Unlisted shares of National Securities Depository have soared nearly 50% in the pre-IPO market amid the rising buzzing of its upcoming IPO.
IDBI Bank Q3 earnings: Total income of the bank rose to Rs 8,564.92 crore in the third quarter of the current fiscal from Rs 7,514.27 crore in the year-ago period.
Shares of select state-run lenders tumbled as much as 10 per cent during the trading session on Wednesday as the clarity emerged on the fundraising plans.
Disinvestment stocks: Apurva Sheth of SAMCO Securities said the government may refrain from announcing any target this time and will set its sights on due divestment candidates like Bank of Maharashtra, IDBI Bank and SCI.
IDBI Bank Q4 earnings: The banking stock rose 4.25% to Rs 93.21 on Monday against the previous close of Rs 89.41 on BSE. Market cap of the lender stood at Rs 97,879 crore
IDBI Bank share price: The stock jumped 13.78 per cent to hit a one-year high of Rs 86.97. At this price, the scrip has ascended by 50.70 per cent from its 52-week low of Rs 42.88, a level seen on March 28 last year.





