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NSDL Plans IPO for July, Likely to Raise $400 mn
Millennium Post Delhi
|Delhi 12 June 2025
NSDL Was Granted an Extension by Markets Regulator Sebi for the Listing of Its Shares Until July 31, 2025
NEW DELHI: National Securities Depository Ltd is pressing ahead with its plan for an initial public offering (IPO) that is expected to raise about $400 million, Bloomberg reported on Wednesday, citing people familiar with the matter.
The proposed listing of India's oldest depository, which was initially cleared by the market regulator in October last year, is now slated to take place as soon as July, according to the people, who asked not to be named as the information is private, the report said.
This story is from the Delhi 12 June 2025 edition of Millennium Post Delhi.
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