NSDL Share Price Ends Over 16% Higher After Impressive Debut

The primary market was bustling with action as big names like NSDL IPO made a stellar D-Street debut. The Sri Lotus Developers, MB Engineering IPO also also saw premium listings.

The primary market was bustling with action as big names like NSDL IPO made a stellar D-Street debut. The Sri Lotus Developers, MB Engineering IPO also also saw premium listings. (Image source: NDTV Profit)

Hello, this is NDTV Profit's live coverage of the primary market action. The primary market was bustling with action as big names like NSDL IPO made a stellar D-Street debut. The Sri Lotus Developers, MB Engineering IPO also also saw premium listings. Read the blog to track the price movement, listing details and more!
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NSDL Share Price Live: Stock Closes

NSDL shares settled 16.6% higher at Rs 932.8 apiece on the BSE.

The company added a market cap of Rs 2,656 crore on its first session of trade on the stock market.

NSDL Share Price Live: Market Cap

NSDL's market cap on the BSE as of noon is Rs 18,216 crore. The free float mcap is Rs 3,257 crore.

Sri Lotus Developers Share Price Live: Rises Over Rs 189

The shares of the Sri Lotus Developers and Realty are trading at Rs 189.35 apiece on the BSE as of 10:56 a.m. The shares are trading with gains of over 5% from their opening price and 9% from their issue price.

On the NSE, the scrip was trading at Rs 190 apiece.

NSDL Share Price Live: Rises Over Rs 912

The shares of the NSDL are trading at Rs 912.2 apiece on the BSE as of 10:49 a.m., compared to a 0.28% decline in the benchmark index Sensex. The shares are trading with over 3.66% gains from their opening price and 13.48% gains from their issue price.

NSDL IPO Share Price Live: Rises Over Rs 905

The shares of the NSDL are trading at Rs 907.85 apiece on the BSE as of 10:29 a.m., compared to 0.11% decline in the benchmark index Sensex. The shares are trading with over 3.16% gains from its opening price and 13.48% gains from its issue price.

IPO Live: All Eyes On RBI

The Reserve Bank of India has maintained the Repo Rate unchanged at 5.5% while the inflation projection has been revised downwards.

Also Read: RBI Monetary Policy: Hopeful Of Amicable Solution To India-US Trade Talks, Says Governor

IPO Live: Broader Market Action — Nifty, Sensex Erase Loss

Beyond the exciting action and stellar listings in the primary market, the broader markets are off day's low but continued to trade in red. Most sectoral indices are trading lower, while Nifty Realty worst performer.

As the RBI keeps its stance unchanged, Nifty Bank and Nifty Finance emerge as the only sectoral indices that are trading in the with gains.

Also Read: Stock Market Today: Nifty, Sensex Extend Declines For Second Day As Tariff Uncertainty Looms

NSDL IPO Share Price Live: Trading With 3% Gains

The shares of the freshly listed NSDL are trading at Rs 907.90 apiece on the BSE as of 10:17 a.m., compared to 0.11% decline in the benchmark index Sensex. The shares are trading with over 3% gains from its opening price and 13% gains from its issue price.

M&B Engineering Share Price Live Updates: Lists With 4% Gains 

M&B Engineering made a premium debut at the Street with a x% gains over its issue price. On the National Stock Exchange, the stock started trading at Rs 398.9 apiece, compared to the issue price of Rs 385 at 10:00 a.m., at a premium of 2%. On BSE, the scrip started trading at Rs 400.60 apiece, compared to the issue price, at a premium of 4.05%.

Sri Lotus Share Price Live Updates: Lists At 18% Premium

Sri Lotus made a stellar debut at the Street with a 18.67% premium over its issue price.

On NSE, the scrip started trading at Rs 177.80 apiece, compared to the issue price of 800, at a premium of 18.67%.

On the BSE, the stock started trading at Rs 177.20 apiece, compared to the issue price of Rs 150 at 10:00 a.m., at a premium of 18.3%.

NSDL Share Price Live Updates: NSDL Lists At 10% Premium

NSDL made a stellar debut at the Street with a 10% premium over its issue price. On the BSE, the stock started trading at Rs 880 apiece, compared to the issue price of Rs 800 at 10:00 a.m., at a premium of 10%.

M&B Engineering Share Price Live: Settles At Issue Price

Shares of M&B Engineering has settled flat at its issue price of Rs 385, at 9.50 a.m.

Sri Lotus Share Price Live Updates: 18% Premium At Pre-Open

Shares of Sri Lotus settles at Rs 178, a 18% premium over the IPO price of Rs 150, at 9.50 a.m.

NSDL Share Price Live Updates: 10% Premium At Pre-Open

NSDL discovery price is Rs 880, a 10% premium over the IPO price of Rs 800, at 9.50 a.m.

NSDL IPO Listing Live: Watch The Listing Live

(Image source: NDTV Profit/Vishal Patel)

(Image source: NDTV Profit/Vishal Patel)

NSDL IPO Listing Live: Where To Watch 

The grey market premium implies a premium listing for the depository. As the listing of the NSDL shares nears, watch the live updates of the listing below.

NSDL Share Price Live Updates: Check Latest GMP

The latest GMP of NSDL IPO is at Rs 125 as of 8:30 a.m, according to InvestorGain. With the price band of Rs 800, the scrip is expected to list at at estimated price of Rs 925, at around 15.62% premium.

M&B Engineering Share Price Live Update: Price Discovery Underway

The pre-open order placement session has started for M&B Engineering.

This will last for 45 minutes (9:00 a.m. to 9:45 a.m.), during which orders may be entered, modified, and cancelled. No orders will be executed during this time.

Sri Lotus Share Live Update: Price Discovery Underway

The pre-open order placement session has started for Sri Lotus.

This will last for 45 minutes (9:00 a.m. to 9:45 a.m.), during which orders may be entered, modified, and cancelled. No orders will be executed during this time.

NSDL Share Price Live Update: Price Discovery Underway

The pre-open order placement session has started for NSDL.

This will last for 45 minutes (9:00 a.m. to 9:45 a.m.), during which orders may be entered, modified, and cancelled. No orders will be executed during this time.

NSDL Share Price Live Update: Listing Live

(Image source: NDTV Profit/Vishal Patel)

(Image source: NDTV Profit/Vishal Patel)

M&B Engineering IPO Live Update: Subscription Stauts

M&B Engineering IPO fetched 36.2 times subscription on the closing day of bidding on Friday. The company's initial share sale received bids for 35,47,18,980 shares against 97,98,309 shares on offer, as per NSE data.

Non-institutional investors part got subscribed 38.24 times while the portion for retail individual investors received 32.55 times subscription. Qualified institutional buyers part attracted 36.72 times subscription.

Sri Lotus Share Price Live Update: Subscription Status 

Sri Lotus Developers and Realty Ltd.'s initial offer had been subscribed 69 times on the third and final day on Friday, last week.

The Rs 792-crore initial public offering was subscribed over 10 times as of the end of the second day of the issue. The price band was set at Rs 140-150 per share for the three day offer, which only comprised fresh issue with no offer for sale. The minimum application lot size was 100 shares.

NSDL Share Price Live Update: Subscription Status

India’s first and largest securities depository's IPO, was open for three days for subscription after it was fully subscribed on its first day on Wednesday. On Day 3, the IPO was subscribed 41.01 times as of 7:00 p.m.

The IPO is entirely an offer for sale of up to 5.01 crore equity shares by existing shareholders, including IDBI Bank, the National Stock Exchange of India, and the State Bank of India. The share sale is expected to fetch up to Rs 4,012 crore.

IPO Listing Live: Shri Lotus Latest GMP

The latest GMP of Shri Lotus IPO is at Rs 27 as of 7:58 a.m, according to InvestorGain. With the price band of Rs 150, the scrip is expected to list at at estimated price of Rs 177, at around 18% premium.

NSDL Share Price Live Updates: Check Latest GMP

The latest GMP of NSDL IPO is at Rs 125 as of 7:31 a.m, according to InvestorGain. With the price band of Rs 800, the scrip is expected to list at at estimated price of Rs 925, at around 15.6% premium.

IPO Listing Live: NSDL, Sri Lotus Developers, MB Engineering In Focus

Hello and welcome to NDTV Profit's live coverage of the primary market action. Today promises to be an exciting day as big names like NSDL IPO is set to make a D-Street debut. The Sri Lotus Developers, MB Engineering IPO will also be in focus as they are set to list on the exchanges as well.

Follow the blog through the day for all the latest updates on Grey Market Premium, listing price, premium and all the other IPO news you need!

Also Read: NSDL IPO Listing Today; Check Expected Price Based On Latest GMP

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
WRITTEN BY
Ann Jacob
Ann Jacob tracks markets with a special focus on personal finance. She clos... more
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