Top depository NSDL looks at $400mn IPO in July

National Securities Depository is moving forward with its IPO plans, aiming to raise approximately $400 million. The offering, cleared by Sebi last October, is expected to launch as early as July. Major investors like IDBI Bank, NSE, and SBI are participating in the offer for sale, with NSDL not receiving any proceeds from the IPO.

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