He said that the money raised from "Offer for Sale" would be utilised for repaying debt, adding that the balance Rs 240 crore would be utilised for improving the network infrastructure. CDSL has fixed a price band of Rs 145 to Rs 149 per share for its initial public offering which opens on June 19 and closes on June 21.
Fowler, Thomas let opportunity slip away at US Open
Open was well and truly up for grabs with 16 players within six shots of the lead, none of whom had a major victory to their name. If there's no wind and soft greens, we're going to play well. "It was kind of bombs away", he said. "You could hit it far".
The company expanded its reach in the states of Maharashtra, Rajashthan, AP, Telegana and Jharkhand.
The company is one of the two depositories in India which naturally makes it a sought-after upcoming IPO.
Indian shares end higher; bank stocks rise
In terms of the broader markets, the BSE mid-cap and small-cap indices underperformed the Sensex. Vinod Nair , Head of Research, Geojit Financial Services Ltd for your perusal.
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.
CDSL is the second largest depository in terms of market share and has been growing at decent CAGR of 23% and 14% in 3 to 5 years.
Several Injured After Vehicle Rams People in London
China's Xinhua news agency reported police as saying that the incident took place near Finsbury Park Mosque in Seven Sisters Road. The Finsbury Park Mosque - located in a vibrant, multicultural area of north London - was once closely associated with extremism.
CDSL was established in 1997 by BSE, which holds a 50.05% equity stake in the depository unit. However, the scenario is changing gradually and this is a big positive for players like CDSL. Just like its revenues, CDSL has seen an uptick in profits as well. 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.
The escalation comes after the United States shot down a Syrian jet that had been dropping bombs near US-backed fighter jets. Coalition aircraft conducted a show of force and stopped the initial pro-regime advance toward the town, the Pentagon said.
But the rest of the much acclaimed Indian batting line-up staged a spectacular collapse and were reduced to 72/6 in the 17th over. The second Powerplay (Overs 11-40) were fully utilised by Pakistan , who scored 191 runs and bulk of those came off the spinners.
CDB Aviation and Tui Group have also signed up, with CDB requesting 10 jets, and Tui converting 18 orders to the aircraft. That could mean that the Max 10 runs a risk of cannibalising sales of the Max 9.
And Ulster Unionist Party leader Robin Swann said the Prime Minister had assured him that the "entire deal will be made public". May is under pressure to take on a more cross-party approach to Brexit talks.
Looking at anticipated growth in global oil demand this year, OPEC reiterated its forecast of 1.27 million barrels per day (bpd). Should the recovery in Nigeria and Libya prove sustainable and others not cut more, the market could remain in surplus.
The television series " Batman " debuted on United States television in 1966 and became a surprise hit, lasting three seasons. West was born in 1928 in Walla Walla, Washington state, and began his acting career in Hawaii in the 1950s.
Gingrich also made reference to a reported lopsided presidential election donation record at the Justice Department. He also seemed to accuse the USA deputy attorney general of pursuing a " witch hunt ".
The notice had asked Tej to explain violation of a couple of norms in getting allotment of the petrol pump. The complaint said that Tej Pratap had acquired the petrol pump by furnishing "wrong" information.
"Given the number of people who could be affected in similar properties, an interim report this summer is essential". The statement officially confirmed that a 23-year-old Syrian refugee was the first victim of the huge fire.
No 'proof' on 'collusion' with Russians, says Donald Trump
In this regard, counsel Robert S Mueller III has sought interviews with senior United States intelligence officials. Trump took to Twitter Friday morning to lash out at the months-long investigation into Russian Federation meddling.
Morrison homers twice as Rays beat Tigers 9-1
The problem caused him to leave Thursday's game in the seventh inning, and he was still in the hospital on Friday night. Martinez's double made it 2-2 in the bottom of the third, but Cobb and Verlander both settled down at that point.
Little-known Koepka Wins US Open Golf Championship
Open , wasn't going to rattle the muscular Floridian, no matter how much fescue, distance and sharp edges the course can dish out. His talent is unquestioned, his power admired, and his laid-back demeanor envied by many. "Exhausted of traveling .
Four-way tie for lead, top-3 MC at US Open
Both players liked the course but put their performance down to a lack of execution. "There's a lot of different ways to play it". A bogey at the extremely hard par-4 fourth hole was the only blip on the front nine and he made the turn at one-over for the day.
Russia warns US not to hit Syrian government troops - Ifax
All countries should respect Syria's sovereignty and territorial integrity, Russian Foreign Minister Sergey Lavrov said on Monday. The minister said Moscow calls on Washington to ensure coordination in the work on Syria and respect the country's sovereignty.