Knowledge First Wealth

In India, over 90% of middle-class savings fail to beat inflation. Most people don't even realise they're losing money every year.

# Compounding

Salary earns you money

Money buys assets

The Right Assets build Wealth

Hold the right assets For 10 years

And They can buy you Financial Freedom

Active income is merely a liquidity bridge; finite assets are the destination. The middle class mathematically stagnates because they fail to execute the final step of the macroeconomic sequence.

Home Ownership builds stability
Land builds Wealth.
Most People Confuse the two.

Depository firm NSDL is targeting to launch its much awaited ₹3,000 crore initial public offering (IPO) by next month, a senior official said on Thursday.

As a market infrastructure institution (MII), National Securities Depository Ltd (NSDL) also needs other approvals apart from the draft red herring prospectus, the official said, adding that it is this approval which has a looming deadline.

"Our dates are expiring next month. We are rushing against time to get things done fast. We will try (to launch the IPO before that)," the official said, replying to a specific query on the timeline for the IPO.

The 12-month deadline for the DRHP expires in September, but it is the MII approval given by SEBI which is prompting the depository handling a bulk of India's dematerialized accounts to expedite the share sales process.

Asked if the choppy market conditions are leading to a delay, the official said even in this situation there are some offerings hitting the market.

Responding to a question on the reasons behind the delay in share sale, the official pointed towards challenges on the manpower front, saying the amount of work to be done is very large.

NSDL had received a go-ahead from SEBI for the IPO in September last year.

As per reports, NSE, State Bank of India (SBI) and HDFC Bank plan to offload 5.72 crore equity shares in the issuance which will be a complete offer for sale (OFS).

Last week, NSDL had reported a 30% jump in its December quarter net at ₹85.8 crore, up from ₹66.09 crore in the year-ago period. Its total income had increased 16.2% to ₹391.21 crore in the October-December 2024 period.

India is driving progress with innovation! Invest in the Motilal Oswal Innovation Opportunities Fund and be part of the future.

Invest now: https://tinyurl.com/yz9xfc3b

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is meeting on Friday, February 7, 2025.

The MPC meeting will begin on February 5 and will conclude on February 7. The RBI Governor Sanjay Malhotra will announce the committee’s decisions once the meeting ends on February 7.
at 10 am

# AIF WEBINAR #