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Showing posts from February, 2025

NSDL Gears Up for IPO: "Expected Issue Size, Shareholders & More"

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National Securities Depository Limited (NSDL), India’s leading depository institution, is gearing up for its much-anticipated Initial Public Offering (IPO), expected to launch between  March and April 2025 . This IPO will enable NSDL to expand its shareholder base and meet regulatory compliance requirements. IPO Details Type of Offering:  The IPO will be a  pure Offer for Sale (OFS) , meaning existing shareholders will sell a portion of their stakes. Issue Size:  The offering is expected to raise around  ₹3,000 crore . Number of Shares Offered:  Up to  57.26 million equity shares  will be offloaded by existing investors. Use of Proceeds:  Since it is an OFS, NSDL itself will not receive any direct proceeds. Price Band and Lot Size:  The exact details regarding the price range and minimum lot size are yet to be disclosed. Promoters and Shareholding Pattern Several major financial institutions will be reducing their stakes in NSDL through ...

HP Telecom India IPO: Key Highlights and Investment Insights

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HP Telecom India Limited is set to make its stock market debut with an Initial Public Offering (IPO) scheduled to open on February 20, 2025 . The company is looking to raise ₹34.23 crore through a fixed-price issue, offering shares at ₹108 each . The subscription period will close on February 24, 2025 , with shares expected to list on the NSE SME platform on February 28, 2025 . About HP Telecom India Established in 2011 , HP Telecom India has evolved into a key distributor of premium technology products, specializing in Apple devices such as iPhones, iPads, Macs, and Apple Watches. The company operates in Madhya Pradesh, Chhattisgarh, select areas of Uttar Pradesh, and key urban centers in Gujarat , serving the growing demand for high-end consumer electronics. Objectives of the IPO The proceeds from the IPO will be allocated towards: Expanding Working Capital – To support inventory management and operational growth. General Corporate Purposes – Covering strategi...

Hexaware Technologies IPO: A Comprehensive Review

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Hexaware Technologies, a well-known IT services and consulting firm, is set to make a comeback in the Indian stock market with its much-anticipated Initial Public Offering (IPO). The IPO is scheduled to open for subscription on February 12, 2025 , and will close on February 14, 2025 . This offering is expected to generate significant interest among investors. Hexaware Technologies IPO Details Issue Type: 100% Offer for Sale (OFS) by CA Magnum Holdings (an affiliate of The Carlyle Group) Issue Size: ₹8,750 crore Price Band: ₹674 - ₹708 per share Lot Size: 21 shares (and multiples thereof) Listing Date: February 19, 2025 Stock Exchanges: National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) As this IPO is entirely an OFS, no fresh capital will be raised. The objective is to provide liquidity to existing shareholders and increase market visibility for the company. Company Overview Established in 1992 , Hexaware Technologies is a global player in IT...