Monday, 19 June 2017

Central Depository Services (India) Limited IPO (CDSL IPO) Detail

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Incorporated in 1999, Central Depository Services (India) Limited (CDSL), a subsidiary of BSE Limited operates as a securities depository in India. They offers various services, such as account opening, dematerialization, processing delivery and receipt instructions, account statement, re-materialization, pledging, nomination, transmission of securities, change in address, bank account details and SMS services for depository participants.

CDSL also offers facilities to issuers to credit securities to a shareholder's or applicant's demat accounts; KYC services in respect of investors in capital markets to capital market intermediaries; and facilities to allow holding of insurance policies in electronic form to the holders of these insurance policies of various insurance companies.

In addition, they provides other online services, such as e-voting, e-locker, national academy depository, electronic access to security information, electronic access to security information and execution of secured transaction, drafting and preparation of wills for succession, and mobile application and transactions using secured texting. It serves investors through intermediaries, such as depository participants, issuer companies, registrar and transfer agents, beneficial owners, and clearing members.

Company Promoters:

BSE Limited is the promoters of the company.

Company Financials:

Summary of financial Information (Consolidated)
ParticularsFor the year/period ended (in Rs. Million)
Total Assets6,072.445,529.905,114.53
Total Revenue1,868.511,613.361,454.69
Profit After Tax (PAT)865.85911.25574.91

Objects of the Issue:

The object of the offer are to:
1. Achieve the benefits of listing the equity share on NSE
2. Enhance it's visibility and brand image and provide liquidity to it's existing shareholders.

Issue Detail:

  »»  Issue Open: Jun 19, 2017 - Jun 21, 2017 
  »»  Issue Type: Book Built Issue IPO 
  »»  Issue Size: 35,167,208 Equity Shares of Rs 10 aggregating up to Rs 523.99 Cr 
    ›  Offer for Sale of 35,167,208 Equity Shares of Rs 10 aggregating up to Rs [.] Cr 
  »»  Face Value: Rs 10 Per Equity Share 
  »»  Issue Price: Rs 145 - Rs 149 Per Equity Share 
  »»  Market Lot: 100 Shares 
  »»  Minimum Order Quantity: 100 Shares 
  »»  Listing At: NSE

1 comment:

  1. The qualified institutional buyers (QIBs) bid 148.71 times, retail individual investors bid 23.83 times and employees segment have received bids for 1.46 times for the Central Depository Services Limited (CDSL) IPO. The demand for the IPO was led by the non-institutional investors, who bid 563.03 times.
    Value Pick


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