National Securities Depository Limited (NSDL) is an Indian central securities depository that provides services for holding and transacting securities in electronic form, ensuring the smooth settlement of trades on stock exchanges. It offers dematerialization, rematerialization, and maintenance of ownership records for securities like equities, debentures, bonds, and mutual fund units. Headquartered in Mumbai, India, NSDL was established in August 1996.
Oswal Pumps is looking to raise about US$162m in its upcoming India IPO. We have looked at the company’s past performance in our previous notes. In...