Central Depository Services (India) IPO
Central Depository Services (India) Limited (CDSL) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 30 June 2017.
Issue details
Listing day
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 68,93,442 | 1,02,51,55,600 | 149x | |
| NII (HNI) total | 51,70,081 | 2,91,08,88,600 | 563x | |
| Retail | 1,20,63,523 | 28,74,53,200 | 23.8x | |
| Employees | 7,00,000 | 10,19,800 | 1.46x | |
| Total | 2,48,27,046 | 4,22,45,17,200 | 170x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 6% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Central Depository Services (India)'s, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Advanced Enzyme TechnologiesJul 2016 | 94.0x | 393x | 11.7x | 116x | ₹413 Cr | +35.0% | +38.8% |
| Quess CorpJul 2016 | 59.0x | 392x | 34.1x | 144x | ₹411 Cr | +57.7% | +60.7% |
| Avenue SupermartsMar 2017 | 145x | 278x | 7.51x | 105x | ₹1,895 Cr | +100.7% | +117.0% |
| Housing and Urban Development CorporationMay 2017 | 55.5x | 330x | 10.8x | 79.5x | ₹2,125 Cr | +21.7% | +29.8% |
| Thyrocare TechnologiesApr 2016 | 73.2x | 225x | 8.73x | 73.5x | ₹479 Cr | +49.1% | +49.1% |
| RBL BankAug 2016 | 85.1x | 198x | 5.70x | 69.6x | ₹1,219 Cr | +21.9% | +35.8% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Haitong Securities India | 2 | +87.0% | 100% |
| Yes Securities (India) | 6 | +28.6% | 83% |
| IDBI Capital Markets & Securities Limited (Formerly known as IDBI Capital Market Services Limited) | — | — | — |
Offer documents (NSE)
Frequently asked
What is the Central Depository Services (India) IPO price band and lot size? ₹145–149 per share, with a lot of 100 shares, so the smallest retail bid is ₹14,900.
How many times has it been subscribed? 170x overall: QIB 149x, NII 563x, retail 23.8x, employees 1.46x.
How did it list? It opened at ₹250, +67.8% against the issue price of ₹149, and closed its first day +75.6%.
