The NSDL IPO has officially closed, and the numbers are staggering. With a monumental 41.02x oversubscription, the initial public offering raised a whopping Rs 4,011.16 crore. This unprecedented demand leaves investors buzzing and analysts scrambling for predictions.
The grey market premium (GMP) added further fuel to the fire, hovering around 15% in the days leading up to the listing. This significant GMP suggests a strong market sentiment and high expectations for the NSDL stock's debut performance.
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All eyes are now on August 4th, the allotment date. The question on everyone's mind: What will the listing price be? While precise predictions remain elusive, the overwhelming subscription and robust GMP strongly suggest a highly anticipated and potentially lucrative debut for NSDL on the stock exchanges. Will it live up to the hype? Only time will tell.