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CDSL IPO Prospectus
What Are Analysts Saying?
CDSL IPO: Issue price valuations appear reasonable; Way2wealth recommend to 'Subscribe'
Way2wealth, 19 Jun 2017
CDSL is a play on increasing financial literacy, financial services penetration and secular growth story of securities markets in India. At the upper band of the offer price of Rs149, the issue is priced at PER of 18xFY17 earnings.
CDSL IPO looks an attractive issue; HEM Securities recommend to 'Subscribe'
Hem Securities, 19 Jun 2017
At price band of Rs 145-149 ,co is bringing the issue at p/e multi-ple of around 18 on FY17 Eps. Co with its sound fundamentals looks attractive issue. Hence HEM Securities recommend \'Subscribe\' on issue .
Issue Details
Open Date: 19 Jun 17
Close Date: 21 Jun 17
Offer Price: Rs. 145
Issue Size: Rs. 523.99 Cr
Min Application Amount:
Rs. 14500
Min bid (No. of shares): 100
Listing Exchanges: BSE, NSE
About the Company
"Incorporated in 1999, Central Depository Services (India) Limited (CDSL), a subsidiary of BSE Limited operates as a securities depository in India. They offers various services, such as account opening, dematerialization, processing delivery and receipt instructions, account statement, re-materialization, pledging, nomination, transmission of securities, change in address, bank account details and SMS services for depository participants.

CDSL also offers facilities to issuers to credit securities to a shareholder's or applicant's demat accounts; KYC services in respect of investors in capital markets to capital market intermediaries; and facilities to allow holding of insurance policies in electronic form to the holders of these insurance policies of various insurance companies.

In addition, they provides other online services, such as e-voting, e-locker, national academy depository, electronic access to security information, electronic access to security information and execution of secured transaction, drafting and preparation of wills for succession, and mobile application and transactions using secured texting. It serves investors through intermediaries, such as depository participants, issuer companies, registrar and transfer agents, beneficial owners, and clearing members."
Objective of the Issue
"Objects of the Issue:

The object of the offer are to:

1. Achieve the benefits of listing the equity share on NSE
2. Enhance it's visibility and brand image and provide liquidity to it's existing shareholders."
Subscription Details
Investor Category No of times
Qualified Institutional Investor -
Non Institutional Investor -
Retail Investor -
Total -