NSDL IPO shocker: Price band 22% below unlisted market value



NSDL IPO set at Rs 760–800, nearly 22% lower than its unlisted market value, surprising investors.
The Rs 4,011 crore OFS opens on July 30, with key banks offloading their stakes.
Strong grey market premium hints at ~18% listing gains.
The pricing draws parallels with HDB Financial, which also listed above issue price despite a deep discount.

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