Tuesday, September 15
The initial public offering (IPO) of National Securities Depository Limited (NSDL), India’s first and largest depository, attracted strong investor interest, with robust subscription continuing on the third and final day of bidding. The issue was booked 41 times overall, indicating solid demand across all investor categories. NSDL shares are trading at a 16% premium in the grey market over the upper end of the IPO price band at Rs 800.Subscription StatusNSDL IPO was subscribed 41 times across all categories. This surge in subscription demand for the IPO was largely driven by qualified institutional buyers (QIBs), who booked their allotted quota 103.97 times. Non-institutional investors (NIIs) followed with a 34.98 times subscription, while retail investors subscribed 7.73 times, as on th
FMCG major ITC reported a 3% year-on-year increase in its consolidated net profit for the June quarter at Rs 5,244 crore on Friday, compared to Rs 5,092 crore in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company.The company reported revenue from operations at Rs 23,129 crore in the quarter under review, up 19.5% from Rs 19,350 crore in the corresponding quarter of the previous financial year.Segment revenue-- FMCG: The FMCG segment reported a revenue of Rs 15,354.30 crore in Q1FY26 up YoY and QoQ versus Rs 14,341 crore in Q1FY25 and Rs 14,732 crore in Q4FY25. Revenue from cigarettes were reported at Rs 9,554 crore in the quarter under review versus Rs 8,842 crore in Q1FY25 and Rs 9229 crore in Q4FY25.-- Agri Business: Q1FY26 revenue stood at Rs 9,
