Tuesday 24 October 2017
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thefinancialexpress
4 months ago

CDSL raises $24m from anchor investors ahead of share floatation

Securities depository firm Central Depository Services (India) Ltd (CDSL) on Friday said that it has raised Rs 1.54 billion by allotting shares to anchor investors ahead of its initial public offering, which opens on 19 June, reports Livemint.com. In a statement to stock exchanges, the company said that it has allotted a total of 10.3 million shares to 15 anchor investors at Rs149 per share. CDSL has priced its shares in a price band of Rs145-149 per share for the IPO. The anchor book is that portion of a

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