Shares of CDSL surge 80% on market debut


Ltd (CDSL) made a remarkable stock market debut today, listing at a premium of almost 68 per cent from the issue price of Rs 149. Later, it touched a high of Rs 268, up 79.86 per cent.

The stock listed at Rs 250, a sharp jump of 67.78 per cent from the issue price on the NSE. The bumper listing followed expectations as the stock was oversubscribed by over 170.16 times between June 19 to June 21, 2017. The qualified institutional buyers (QIBs) portion was oversubscribed 148.71 times, while the non-institutional investors' section was subscribed 563.03 times and retail investors 23.83 times.

John Calipari Reaches Out To Knicks, Interested In Team Presidency
Of course, this is not the first time Calipari has been linked to an National Basketball Association gig. The New York Knicks have officially parted ways with embattled team president Phil Jackson .

Earlier last week, Central Depository Services (India) Ltd's Rs 370 crore IPO was subscribed 169.41 times at the close of bidding. Against an issue size of 2.48 crore shares, bids for more than 422 crore equity shares were received. Shares of CDSL were listed only on the National Stock Exchange (NSE) and not on the Bombay Stock Exchange (BSE) as the latter is the promoter of the depository.

Ahead of the IPO, the company sold shares worth Rs 154.06 crore to anchor investors including Abu Dhabi Investment Authority, Goldman Sachs and Indian asset managers such as DSP BlackRock and SBI Mutual Fund.

Yoga causes pain and makes injuries worse for some
Yet our study has good news for people who do yoga as it backs a common belief that yoga can help with neck and back pain. While our research goes part-way to investigating the complex relationship between yoga and pain, our sample was limited.

CSDL, which acts as a depository arm of the Bombay Stock Exchange, is the only depository service in India that has launched an IPO. Depository's business is to keep records of shares and securities owned by an individual or an entity.

The company reported a consolidated net profit of Rs 85.78 crore for the financial year 2017 on revenues (operations) of Rs 146 crore, according to its IPO prospectus.

Buzzer within Investors Radar:: Energy Transfer Equity, LP (ETE)
Renaissance Technologies LLC boosted its position in shares of Energy Transfer Equity, 754.1% in the fourth quarter. Walnut Private Equity Partners Llc holds 23.49% of its portfolio in Energy Transfer Equity LP for 1.44 million shares.

Central Depository Services Ltd (CDSL) on Tuesday filed a draft prospectus with the capital markets regulator Securities and Exchange Board of India for an initial.