NSDL, 3 other IPOs get approval from SEBI
The IPO of NSDL, which is completely an offer for sale, will see IDBI Bank, NSE, SBI, HDFC Bank and Union Bank of India offloading their stakes.
The IPO of NSDL, which is completely an offer for sale, will see IDBI Bank, NSE, SBI, HDFC Bank and Union Bank of India offloading their stakes.
The proposed IPO of NSDL has been kept in abeyance in the backdrop of an ongoing probe against NSE, which is the second-largest shareholder in the securities depository firm.
This week, four IPOs will open for subscription, while six companies will make their debut on stock exchanges.
Speaking at Fortune India's 40 Under 40 Awards, Chunduru urges startups to consider listing their companies in India or float a part of the share in the country.