Finally, something for upcoming IPO investors to be excited about again: the NSDL IPO was announced this week and is planned for sometime in 2021. After a dismal September and not much better October, companies are starting to get in through the window left open by the NSDL IPO.
There’s really no much information yet about the NSDL IPO, except that it is planned for 2012. The filing states a $100 million amount but that is just a ballpark figure that can change at any time. NSDL was founded by executive and isn’t even profitable yet but the NSDL IPO is trying to get on the internet share bandwagon that is taking place with IPO investors.
Business communications giant NSDL plans to go public again. Company managers hope the extra capital will help the company grow and stay robust without hampering its ability to act on innovative new ideas. The NSDL IPO involves $1 billion in common stock, which will greatly improve their ability to spur growth.
The NSDL IPO of $1 billion represents about a fifth of the company. Financial officers plan to use the capital raised to pay down some long term debt. The increased availability of cash will also go towards allowing the company to do more innovative things with their business, having the funds to act on new ideas.
This is a very positive way to look at going public, rather than the common view that having to answer to Wall Street means being bound by new regulations which could stifle the company’s ability to act on innovation.
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