NSDL IPO: Who are the major shareholders in NSDL? Check the list here
Live MintNational Securities Depository Limited, the largest depository in the country, has filed its Draft Red Herring Prospectus with capital markets regulator Securities & Exchange Board of India for an IPO. State Bank of India and private lender HDFC Bank had earlier said that they propose to sell 2% stake each in NSDL by offloading 40 lakh shares each in the OFS. Union Bank of India will divest 56.25 lakh shares, and the Administrator of the Specified Undertaking of the Unit Trust of India will offload 34.15 lakh shares. Private lender HDFC Bank holds 8.95% stake, while Administrator of the Specified Undertaking of the Unit Trust of India holds 6.83% stake in the depository. Among other shareholders, Kotak Mahindra Life Insurance Company Limited has 2.91% stake, Union Bank of India has 2.81% and Canara Bank holds 2.30% stake in the company.