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NSDL's IPO debuts 10% above price at ₹880, oversubscribed 41 times, amid analyst caution.
NSDL shares debuted on the Bombay Stock Exchange at ₹880, a 10% premium over the IPO price of ₹800.
The IPO, worth ₹4,012 crore, was oversubscribed 41 times.
NSDL, India's second publicly traded depository, reported a 25% rise in profit after tax for the last fiscal year.
Despite strong investor interest, analysts recommend a cautious approach with partial profit booking near the listing level.
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La OPI de NSDL debutó un 10% por encima del precio en ₹ 880, sobre-subscrita 41 veces, en medio de la precaución de los analistas.