Wednesday, 4 January 2017

NSE LTD FILES IPO DRAFT WITH SEBI




NSE LTD FILES IPO DRAFT WITH SEBI




NSE LTD the national level stock exchange of India an unlisted stock exchange with around 2000+ companies listed has filled a DRHP with SEBI for getting listed on 30th December, 2016. NSE represents Total Income of Rs. 2354 Crs and Profit after Tax of Rs. 654 Crs on Consolidated Basis for Year 2016.

NSE Ltd has declared and paid Interim Dividend of Rs. 79.50/shr to all the holders with record date of 17th October, 2016. For IPO filling NSE BOARD has allotted 1 BONUS shares FOR EXISTING 10 SHARES on 30th Nov 2016. Further the company has Split their face value from 10/share to 1/share on 13th Dec 2016. All this has bought the paid up share capital of Nationalized stock exchange to stand at Rs. 49.5 Crs.

NSE LTD IPO is expected to be one of the biggest in new-year 2017, with an estimated size of Rs. 10,000 Crs .IPO will be purely offer for sale of shares form existing holders around 20-25% of their current holding. NSE intend to offer 111.42 million shares under IPO raising Rs.10, 000 crs . Valuation of the company stands around the range of Rs. 40000-45000 Crs.


For buying and selling any unlisted shares in physical or demat mode you can reach us at contact no. 09215709100 or email us your details on mittalmanish2003@gmail.com.

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