NSDL Files Prospectus for a Smaller IPO

Imagine a company called NSDL wants to sell some of its shares to the public to raise money.

They originally planned to sell a certain number of shares, but now they've decided to sell a bit fewer.

This is called an IPO, which is when a private company sells shares to the public for the first time.

The shares are being sold by current investors like HDFC Bank and others.

IDBI and NSE are big owners of NSDL.

Because of rules set by SEBI, no single investor can own too much of the company, which influences how the shares are offered to the public.