CDSL raises Rs 154 cr from anchor investors

Central Depository Services India (CDSL) has raised Rs 154.07 crore by alloting 1.034 crore shares to anchor investors ahead of its initial public offering which opens on June 19 , 2017.

The shares were allotted at the higher end of the price band at Rs 149 per share and some of the anchor investors include FIL Investments (Mauritius),  Reliance Capital Trustee Company, DSP Blackrock Equity Savings Fund, SBI Magnum Tax Gain Scheme, ICICI Prudential Dividend Yield Equity Fund, ICICI Prudential Value Fund – Series 6, HDFC Standard Life Insurance Company, HSBC Indian Equity Mother Fund, Axis Mutual Fund and  SBI Banking and Financial Services Fund, a release said. 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. Axis Capital, Edelweiss Financial Services, Nomura Financial Advisory and Securities India and SBI Capital Markets are the global co-ordinators and book running lead managers to the offer while Haitong Securities India, IDBI Capital Markets and YES Securities India are the book running lead managers to the issue.

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