The National Securities Depository Limited (NSDL) is ready to launch its Initial Public Offering (IPO) on 30th July 2025. Investors can apply for the IPO till 1st August 2025. The price band for the IPO has been set between Rs 760 and Rs 800 per share.
Several big institutions are selling their shares in this IPO and are expected to make significant profits. Here’s a quick look at how many shares they are selling, how much they bought them for, and how much money they will make:
IDBI Bank is selling a large chunk of 2.22 crore shares, also bought at Rs 2 per share. From this, IDBI is likely to earn Rs 1,776 crore.
NSE (National Stock Exchange) will sell 1.8 crore shares, which were earlier acquired at Rs 12.28 each. NSE is set to gain about Rs 1,418 crore.
SBI (State Bank of India) will sell 40 lakh shares. These were bought at just Rs 2 per share. At the upper band of Rs 800, SBI is expected to receive Rs 320 crore from the sale.
SUUTI (Specified Undertaking of the Unit Trust of India) plans to sell 34.15 lakh shares, originally bought at just Rs 2 per share. The expected proceeds from this sale are around Rs 273.2 crore.
HDFC Bank is selling 20.1 lakh shares, bought at Rs 108.29 per share. From this, HDFC is expected to earn Rs 139 crore.
Union Bank of India is offloading 5 lakh shares, purchased at Rs 5.20 per share. This sale should fetch the bank around Rs 40 crore.
This IPO not only offers a chance for public investors to own a part of NSDL but also allows early institutional investors to cash out with impressive profits.
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