CDSL IPO fully subscribed on Day 1

Eris Lifesciences IPO covered 12% on first day ADIA comes as anchor investor

Eris Lifesciences IPO covered 12% on first day ADIA comes as anchor investor

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.

Matsuyama joins Aoki as major runner-up from Japan
Koepka carried a one-stroke lead into the back nine after a birdie at No. 8, but quickly fell back into a tie with Harman. A chip on the fourth nearly went in, but then trickled back to 4 feet and he blocked the par putt to the right.

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.

Follow ICC Champions Trophy final score live
History was made on Sunday night when Pakistan defeated India in the finals of the Champions Trophy 2017 in London . I am very hopeful of their win especially after the way India have played in the tournament so far.

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.

One person arrested after vehicle hits several people in London
Police said eight of the injured were hospitalized; the other two had minor injuries and were treated at the scene. Several witness accounts indicate that the victims were worshippers leaving a mosque in London's Finsbury Park .

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