The Securities and Exchange Board of India (SEBI) has approved IPOs for National Securities Depository Ltd (NSDL), Standard Glass Lining Technology, and Zinka Logistics Solutions.
NSDL’s IPO will be a complete offer for sale of over 5.72 crore shares from major shareholders like NSE, SBI, and HDFC Bank. Notably, IDBI Bank plans to offload 2.22 crore shares. NSDL will not receive any proceeds from the IPO. Standard Glass Lining aims to raise ₹600 crore, with ₹250 crore as a fresh issue and the rest as an OFS.