CDSL IPO fully subscribed on Day 1

CDSL IPO is likely to give gains to investors on listing, say brokerages

CDSL IPO is likely to give gains to investors on listing, say brokerages

GTPL Hathway, a 50:50 joint venture between cable TV operator GTPL and Hathway Ltd, would raise Rs 480 crore from the public from an IPO for retiring debt and improving network infrastructure.

The IPO of Central Depository Services (India) involves its shareholders, including BSE, offloading over 3.5 crore shares through the OFS route. The anchor investors also included Indian asset managers DSP BlackRock, SBI Mutual Fund, ICICI Prudential Mutual Fund, IDFC Mutual Fund, Tata Mutual Fund, HDFC Mutual Fund.

Britain and European Union launch Brexit talks in Brussels
Mrs May called the election in a bid to increase her majority and strengthen her hand within her party ahead of the Brexit talks. The agenda for the meeting was agreed earlier this month following preparatory "talks about talks".

Brokerage houses recommend subscribing to the issue citing strong parentage, steady growth, a decent return on equity, and high barriers to entry.

CDSL has paid dividends regularly to its shareholders in the last four years and considering that BSE will continue to remain the biggest shareholder, this policy is unlikely to change anytime soon.

Congressional charity baseball game practice shooting update
When he went outside, he saw Hodgkinson shooting a rifle into a cornfield. "I can not believe it", she said. But he did remember the friend disclosed what he knew about a reason Hodgkinson travelled to the D.C. area.

Through this IPO, its existing promoter Bombay Stock Exchange (BSE) is selling 3.52 crore shares to public due to which its stake in CDSL will reduce to 24 per cent from 50.1 per cent now. After the IPO, BSE's stake in CDSL will fall from 50.05% to 24%.

Consolidated sales were up 19% to Rs 146 crore and the operating profit margins increased from 52% to 54.4%, resulting in a 24% spurt in operating profit to Rs 79.42 crore in FY2017. Out of the Rs 74.1 crore, it earned past year, CDSL paid a total of Rs 31.4 crore in the form of dividends. First time a depository in India is to come out with an IPO.

London vehicle hits pedestrians, police say 'number' of injuries
Mohammed Kozbar said the Muslim community is "in shock". "When he went into the [police] van he made gestures, he was laughing". A man leapt out of the van and stabbed at least one person , the Evening Standard newspaper said, citing witnesses.

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