NSDL aims to launch Rs 3,000-crore IPO by next month: Official

NSDL aims to launch its Rs 3,000-crore IPO by next month, racing against a nearing deadline for approvals. The IPO, set to expire in September, sees support from NSE, SBI, and HDFC Bank offloading their shares. Despite market volatility, NSDL reports a 30% increase in net profit for the December quarter, signaling strong financial performance.

Feb 20, 2025 - 19:30
NSDL aims to launch Rs 3,000-crore IPO by next month: Official

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NSDL aims to launch its Rs 3,000-crore IPO by next month, racing against a nearing deadline for approvals. The IPO, set to expire in September, sees support from NSE, SBI, and HDFC Bank offloading their shares. Despite market volatility, NSDL reports a 30% increase in net profit for the December quarter, signaling strong financial performance.
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