NSDL IPO Live Updates: Issue Fully Subscribed On Day One; Sri Lotus Developers Overbooked Two Times

IPOs Today: Get all the latest updates on NSDL, Sri Lotus Developers, M&B Engineering, Aditya Infotech and Laxmi Finance subscription status and GMP.

National Securities and Depository Ltd., Sri Lotus Developers and Realty Ltd. and M&B Engineering Ltd. are set to float their IPOs on the stock exchanges on July 30. (Image: NDTV Profit)

The primary market will be buzzing with three new IPOs opening today and two entering their second day of bidding. National Securities and Depository Ltd., Sri Lotus Developers and Realty Ltd. and M&B Engineering Ltd. are set to float their IPOs on the stock exchanges today. Besides, Indiqube Spaces listed at a discount while GNG Electronics debuted at a premium.
LIVE FEED

Aditya Infotech IPO Live Updates: Subscription Status

The Aditya Infotech IPO has been subscribed 6.88 times on day 2 as of 5:00 p.m. on Wednesday.

  • Qualified Institutions: 0.24 times.

  • Non-Institutional Buyers: 11.46 times.

  • Retail Investors: 20.09 times.

  • Portion reserved for employees: 3.47 times.

The grey market premium for Aditya Infotech IPO was Rs 285, as of 3:54 p.m. on July 30, according to InvestorGain. That implies a potential listing at around Rs 960 per share, marking a premium of 42.22%.

Laxmi India Finance IPO Live Updates: Subscription Status

The Laxmi India Finance IPO has been subscribed 0.88 times on day 2 as of 5:00 p.m. on Wednesday.

  • Qualified Institutions: 0.45 times.

  • Non-Institutional Buyers: 0.52 times.

  • Retail Investors: 1.28 times.

  • Portion reserved for employees: 1.02 times.

The grey market premium for Laxmi India Finance IPO was Rs 3, as of 4:00 p.m. on July 30, according to InvestorGain. That implies a potential listing at around Rs 161 per share, marking a premium of 1.90%.

National Securities Depository IPO Live Updates: Subscription Status

The NSDL IPO has been subscribed 1.78 times as of 5:00 p.m. on Wednesday.

  • Qualified Institutions: 0.84 times.

  • Non-Institutional Buyers: 2.83 times.

  • Retail Investors: 1.87 times.

  • Portion reserved for employees: 3.68 times.

The grey market premium for NSDL IPO was Rs 130, as of 7:01 p.m. on July 30, according to InvestorGain. That implies a potential listing at around Rs 930 per share, marking a premium of 16.25%.

Sri Lotus IPO Live Updates: Subscription Status

The Sri Lotus IPO has been subscribed 3.60 times as of 5:00 p.m. on Wednesday.

  • Qualified Institutions: 5.31 times.

  • Non-Institutional Buyers: 3.10 times.

  • Retail Investors: 2.84 times.

  • Portion reserved for employees: 3.01 times.

The grey market premium for Sri Lotus IPO was Rs 44, as of 6:34 p.m. on July 30, according to InvestorGain. That implies a potential listing at around Rs 194 per share, marking a premium of 29.33%.

M&B Engineering IPO Live Updates: Subscription Status

The M&B Engineering IPO has been subscribed 0.66 times as of 5:00 p.m. on Wednesday.

  • Qualified Institutions: nil

  • Non-Institutional Buyers: 0.66 times.

  • Retail Investors: 2.59 times.

  • Portion reserved for employees: 2.14 times.

The grey market premium for M&B Engineering IPO was Rs 60, as of 6:28 p.m. on July 30, according to InvestorGain. That implies a potential listing at around Rs 445 per share, marking a premium of 15.58%.

Aditya Infotech IPO Live Updates: Subscription Status

The Aditya Infotech IPO has been subscribed 6.17 times as of 4:00 p.m. on Wednesday.

  • Qualified Institutions: 10%

  • Non-Institutional Buyers: 9.98 times.

  • Retail Investors: 18.85 times.

  • Portion reserved for employees: 3 times.

Laxmi India Finance IPO Live Updates: Subscription Status

The Laxmi India Finance IPO has been subscribed 0.76 times as of 3:51 p.m. on Wednesday.

  • Qualified Institutions: 25%

  • Non-Institutional Buyers: 0.40 times.

  • Retail Investors: 1.20 times.

  • Portion reserved for employees: 0.96 times.

NSDL IPO Live Updates: Subscription Status

The NSDL IPO has been subscribed 1.26 times as of 2:00 p.m. on Wednesday.

  • Qualified Institutions: 72%

  • Non-Institutional Buyers: 1.76 times.

  • Retail Investors: 1.35 times.

  • Portion reserved for employees: 2.29 times.

IPO Live Updates: Sri Lotus Subscription Status

The M&B Engineering IPO has been subscribed 2 times as of 1:12 p.m. on Wednesday.

  • Qualified Institutions: 3.45 times

  • Non-Institutional Buyers: 1.36 times.

  • Retail Investors: 1.46 times

  • Portion reserved for employees: 1.74 times.

IPO Live Updates: M&B Engineering Subscription Status

The M&B Engineering IPO has been subscribed 34% as of 1:10 p.m. on Wednesday.

  • Qualified Institutions: nil

  • Non-Institutional Buyers: 34%.

  • Retail Investors: 1.31 times

  • Portion reserved for employees: 1.5 times.

NSDL IPO Live Updates: Latest GMP Update

NSDL IPO's latest grey market premium is Rs 126. With the upper price band of Rs 800, the stock's estimated listing price is Rs 926.

The expected percentage gain per share is 15.75%.

(Source: investorgain.com)

NSDL IPO Live Updates: Fully Subscribed In Three Hours

The NSDL IPO has been fully subscribed as of 1:06 p.m. on Wednesday.

  • Qualified Institutions: 50%

  • Non-Institutional Buyers: 1.38 times.

  • Retail Investors: 1.11 times.

  • Portion reserved for employees: 1.92 times.

Also Read: NSDL IPO Fully Subscribed In Three Hours — NIIs, Retail Portion Overbooked; GMP Rises

NSDL IPO Live Updates: Watch NSDL Vs CDSL Comparison

NSDL IPO Live Updates: Latest GMP Indicates Premium Listing 

NSDL IPO's latest grey market premium is Rs 126. With the upper price band of Rs 800, the stock's estimated listing price is Rs 926.

The expected percentage gain per share is 15.75%.

(Source: investorgain.com)

IPO Live Updates: M&B Engineering Subscription Status

The M&B Engineering IPO has been subscribed 13% as of 11:10 a.m. on Wednesday.

  • Qualified Institutions: nil

  • Non-Institutional Buyers: 13%.

  • Retail Investors: 51%.

  • Portion reserved for employees: 54%.

IPO Live Updates: Sri Lotus Subscription Status

The Sri Lotus Developers IPO has been subscribed 39% as of 11:10 a.m. on Wednesday.

  • Qualified Institutions: nil

  • Non-Institutional Buyers: 46%.

  • Retail Investors: 57%.

  • Portion reserved for employees: 74%.

NSDL IPO Live: Subscription Status

The NSDL IPO has been subscribed 35% as of 11:00 a.m. on Wednesday.

  • Qualified Institutions: nil

  • Non-Institutional Buyers: 46%.

  • Retail Investors: 54%.

  • Portion reserved for employees: 67%.

Also Read: NSDL IPO Fully Subscribed In Three Hours — NIIs, Retail Portion Overbooked; GMP Rises

NSDL IPO Live: Minting Money For NSE, SBI, HDFC Bank

NSDL's IPO, which is entirely an offer-for-sale, will see several major shareholders—including State Bank of India, IDBI Bank, National Stock Exchange, HDFC Bank, and Union Bank of India—offload part of their holdings at a price band of Rs 760–Rs 800 per share.

SBI is selling 40 lakh shares acquired at just Rs 2 apiece. At the upper end of the price band, the bank stands to earn Rs 320 crore. IDBI Bank is expected to realise Rs 1,776 crore from its sale of 2.22 crore shares, also bought at Rs 2.

The NSE, which holds a 24% stake in NSDL, is offloading 1.8 crore shares acquired at an average cost of Rs 12.28. The sale is projected to fetch Rs 1,418 crore. HDFC Bank, despite entering at a higher price point of Rs 108.29 per share, will still see significant gains; its 20.1 lakh shares are expected to generate Rs 139 crore.

Also Read: NSDL IPO: NSE, SBI, HDFC Bank Set For Windfall Gains — More Details On Wealth Unlocking Here

IPO News Live: Day Two For Aditya Infotech, Laxmi India Finance

Aditya Infotech and Laxmi India Finance IPOs have entered their second day of subscription.

Aditya Infotech IPO was oversubscribed on its first day on Tuesday, led by bids from retail and non-institutional investors.

On the other hand, MSME-focused NBFC Laxmi India Finance's IPO was subdued.

IPO News Live: Bidding Begins For NSDL, M&B Engineering, Sri Lotus Developers

Bidding has commenced for three new IPOs on Wednesday, with shares worth Rs 5,463 crore on offer to investors.

The biggest one is the offer for sale from NSDL worth up to Rs 4,011 crore.

This is followed by Mumbai-based luxury realtor Sri Lotus Developers with a completely fresh issue of Rs 792 crore.

M&B Engineering, one of India’s leading Pre-Engineered Buildings (PEBs) players, is aiming to raise Rs 275 crore via a fresh issue and an OFS of Rs 375 crore. The total IPO size is Rs 650 crore.

IPO News Live: M&B Engineering Details

  • Issue opening: July 30- July 25

  • Issue Price: Rs 366-385

  • Fresh Issue:  Rs 275 crore

  • OFS : Rs 375 crore 

  • Total Issue Size: Rs 650 crore

  • Market Value at upper end of price band: Rs 2,200 crore

  • Lot Size: 39 shares

Objects of Issue:

  • Capital expenditure: Rs 130.57 crore

  • Investment in IT upgradation: Rs 5.2 crore

  • Re-payment of borrowing : Rs 58.75 crore

Also Read: M&B Engineering IPO: Should You Subscribe Or Avoid? 10 Key Things You Must Know — Anand Rathi Report

IPO News Live: Indiqube Spaces Lists At Discount

Shares of Indiqube Spaces Ltd. listed at a 9% discount to its IPO price on market debut on Wednesday.

The stock opened at Rs 216 on the National Stock Exchange, a 8.8% discount to its issue price of Rs 237. On the BSE, the stock debuted at Rs 218.70, a 7.7% discount.

Also Read: Indiqube Spaces Lists At 9% Discount To IPO Price On Dalal Street Debut — Details Here

IPO News Live: GNG Electronics Lists At Premium

GNG Electronics Ltd. made a stellar debut on the stock market as its shares listed at a premium of nearly 50% over the IPO price. The scrip started trading at Rs 355 on the NSE and Rs 350 on the BSE at 10:00 a.m. on Wednesday. The issue price was Rs 237.

Also Read: GNG Electronics Makes Stellar Debut At Nearly 50% Premium Listing Over IPO Price

IPO News Live: Indiqube Spaces Set To List At Discount

Indiqube Spaces' discovery price is Rs 216, a 9% discount over the IPO price of Rs 237.

IPO News Live: GNG Electronics Set To List At Premium

GNG Electronics' discovery price is Rs 355, a 50% premium over the IPO price of Rs 237.

M&B Engineering IPO Live: Raises Rs 292 Crore From Anchor Investors

M&B Engineering raised Rs 292 crore from anchor investors on Tuesday ahead of its initial public offering. The company allotted 75 lakh shares at Rs 385 apiece to 24 anchor investors. This includes a share premium of Rs 375 per equity share.

Abu Dhabi Investment Authority-Stable got the highest allocation of 12%. HDFC Mutual Fund-HDFC Manufacturing Fund got the second highest allotment of 10.72% and Aditya Birla Sun Life Trustee Pvt. A/C Aditya Birla Sun Life Small Cap Fund got 10.29% stake in the company.

Also Read: M&B Engineering IPO: GMP Indicates Nearly 9% Premium Ahead Of July 30 Opening, Check Key Details

NSDL IPO Live Updates: Anchor Round Fundraise

NSDL raised Rs 1,201.44 crore from anchor investors on Tuesday ahead of its initial public offering.

The company allotted 1.5 crore shares at Rs 800 apiece to 61 anchor investors. Life Insurance Corp. got the highest allocation of 11.99%. SmallCap World Fund Inc. got the second highest allotment of 8.33% and Fidelity Funds-India Focus Fund got 5.41% stake in the company.

Also Read: NSDL Raises Rs 1,201 Crore From Anchor Investors Prior To IPO Launch

IPO Live Updates: GNG Electronics, Indiqube Spaces To List

GNG Electronics Ltd. and Indiqube Spaces Ltd. will list on the stock exchanges today.

Both Indiqube Spaces and GNG Electronics' issue price is Rs 237.

The pre-open order placement session has started for both the stock. 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.

IPO Live Updates: Aditya Infotech IPO Fully Subscribed On Day One

Aditya Infotech Ltd.'s initial public offering was fully subscribed on the first day of bidding on Tuesday, led by demand from retail and non-institutional investors.

The Rs 1,300-crore IPO comprises a fresh issue of equity shares worth Rs 500 crore and an offer-for-sale of shares valued at Rs 800 crore. The bidding for the IPO will close on July 31.

The Aditya Infotech IPO has been subscribed 1.14 times as of 1.50 p.m. on Tuesday.

  • Qualified Institutions: 0.01 times or 1%.

  • Non-Institutional Buyers: 1.55 times.

  • Retail Investors: 3.93 times.

  • Portion reserved for employees: 0.81 times or 81%.

Also Read: Aditya Infotech IPO Fully Subscribed On Day One — GMP Rises

IPO Live Updates: NSDL, Sri Lotus Developers, M&B Engineering Open Today

Today, the primary market will be buzzing with three new IPOs opening and two entering its second day of bidding.

National Securities and Depository Ltd., Sri Lotus Developers and Realty Ltd. and M&B Engineering Ltd. are set to float their IPOs on the stock exchanges today.

The IPOs of Aditya Infotech Ltd. and Laxmi India Finance Ltd. will proceed to the second day.

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WRITTEN BY
Shubhayan Bhattacharya
Shubhayan covers markets and business news at NDTV Profit. He has a keen in... more
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