Blockbuster CDSL IPO the most subscribed issue of 2017

What can be called as the most popular initial public offering (IPO) of 2017, the BSE promoted CDSL IPO was oversubscribed by 170.16 times. This makes it the most subscribed IPO issue of 2017 in the Indian capital markets.

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.

CDSL’s existing shareholders including BSE Limited, State Bank of India Limited, Bank of Baroda Limited, and Calcutta Stock Exchange have sold around 3.5 crore shares in its IPO. The objectives of the issue include achieving the benefits of listing the equity shares on NSE and to enhance its visibility and brand image and provide liquidity to its existing shareholders.

Here is the list of initial public offerings (IPO) that hit the capital markets in 2017 so far:

Company Name	Times Subscribed
CDSL	170.16
Avenue Supermarts	104.59
HUDCO	79.47
S Chand and Company	59.44
BSE	51.22
Shankara Building Products	41.88
Music Broadcast	39.67
PSP Projects	8.58
Eris Lifesciences	3.29
CL Educate	1.9
Tejas Networks	1.88

Contact Us at:
Visit: https://www.stallionasset.com/
Mail: info@stallionasset.com

Call us: 9167090883, 022- 40033944

Follow and like us on:

Facebook :Multibagger Stock Ideas
Twitter: Multibagger
Blog: Multibagger Value Pick
Quora: Multibagger Query Desk
G+ : Multibagger

Comments

Rewards for speculators who ride out unpredictable markets

The previous couple of years have been unstable ones for South African speculators, and a few late shocks to the nearby and worldwide money related frameworks –, for example, the bureau reshuffle, Brexit, Donald Trump's triumph in the United States – have added to the instability. What ought to financial specialists do in times, for example, these? Presently, like never before, speculators need to adhere to their long haul monetary plans and not change out of higher-hazard ventures, for example, values, into more secure ones, for example, money instruments. Financial specialists who change all through ventures in view of how they read the business sectors charge far more terrible, for the most part, than the individuals who stay consistent with their speculation objectives. The reason is that they tend to switch at precisely the wrong circumstances: they offer when the market is low and purchase when it is high. Speculators who change all through ventures in view of how ...

Sensex Fall More Than a 100 Factors, Under Nifty 9950, Pressure on Pharma Stocks

The fall in the stock market continues to this present day. On Tuesday, after the closure with the autumn, the market began on Wednesday with the decline and fall.The Sensex has misplaced greater than a hundred factors in the initial business. The Nifty reached under 9950 at the moment Sensex 31903 and Nifty fell one hundred ten points to alternate at 9,945, down 33 points. these days many of the drive is being considered on pharma sector. Sharp Fall in Small Shares.. In today's business small shares are seeing a sharp decline. The smallcap index is set 1 percent down. The mid-sector sector index is down 0.9 percent. within the midcap index, Berger Paints has 4 per cent, Tata chemicals 3.6 per cent, GMR Infra is buying and selling 3.7 per cent down. in the smallcap index, RSW 10%, HDIL 8.6%, Gammon Infra dropped 7%. Pharma Stocks Crash, Metallic Continues to Upward Thrust. In the Trading of the pharma sector, the largest decline in stocks is viewed on Wednesday. The Pha...

RBI’s Diwali reward to markets! Banks, realty, and NBFCs to hog limelight

A price reduce simply in advance of the festive season augurs well for the rate delicate sectors reminiscent of banks, NBFCs, automobiles and capital goods. The Reserve bank of India (RBI) on Wednesday delivered what the D-side road needed, a minimize of 25 bps factors beforehand of festive season. however, the relevant financial institution is not going to oblige traders with some other fee cut in its upcoming policy meet on October 3 and 4. The market witnessed classic buy-on-rumours and sell-on-information kind of phenomena quickly after the imperative financial institution declared its verdict. The S&P BSE Sensex fell virtually one hundred factors while the Nifty50 ended under 10,100. The Nifty bank closed 67 points decrease at 25,055. The RBI stored projections for inflation at 4 % and is expected to be at the same level whereas problem over up to date loan waiver via the quite a lot of state governments have been flagged purple in the near ti...

Stallion Asset | Multibagger stock ideas for Wealth Creation

Search This Blog