Moneycontrol
Aug 01, 2017 08:36 AM IST | Source: Moneycontrol.com

Abu Dhabi Investment sell 8.10 lakh shares of CDSL

Abu Dhabi Investment Investment Authority Behave sold 8,10,700 shares of at Rs 345.29.

Abu Dhabi Investment sell 8.10 lakh shares of CDSL

On July 31, 2017 Abu Dhabi Investment Investment Authority Behave sold 8,10,700 shares of Central Depository Services (CDSL) at Rs 345.29 on the NSE.

On Monday, Central Depository Services ended at Rs 339.60, down Rs 33.95, or 9.09 percent on the NSE.

The share had got listed on June 30, 2017 and ended with a gain of 75.57 percent at Rs 261.60 on the National Stock Exchange, over issue price of Rs 149 and traded with volumes of 5.03 crore shares, which were much higher than its issue size of 3.51 crore shares.

It was the second stock that provided hefty returns to investors on listing day in 2017.

The bumper listing was in line, given the overwhelming response to the issue that was oversubscribed 170 times. It was a first IPO by a securities depository in India.
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