HDB Financial Services IPO: Rs 3,369 crore raised from anchor...

HDB Financial Services IPO: Rs 3,369 crore raised from anchor investors

Posted

HDB Financial Services garnered Rs 3,369 crore from anchor investors, including LIC and BlackRock, at Rs 740 per share, ahead of its Rs 12,500-crore IPO. The IPO, opening June 25, comprises a fresh issue and an offer-for-sale by HDFC Bank. Proceeds will strengthen the capital base for future growth, aligning with RBI directives for NBFC listings.

Read Full Article

Please log in to like, share and comment!

International

Trump vs the Bench: Why is Trump administration suing Maryland federal judges?

The Trump administration sued Maryland's entire federal court bench over a standing order pausing...

By 0 7

International

Joe Biden 'cognitive decline' case: Jill Biden's top aide backs out of interview with probe panel

Anthony Bernal, a top aide to Jill Biden, has withdrawn from his House Oversight Committee...

By 0 8

National

The Ethics of Carbon Pricing

In 2009, US President Barack Obama appointed Harvard Law School Professor Cass Sunstein to be the...

By 0 10

Entertainment

'Dune' director Denis Villeneuve to helm next James Bond film

Denis Villeneuve will direct the next James Bond film. AmazonMGM announced this news. Villeneuve...

By 0 45

Entertainment

'Housefull 5' inches closer to Rs 180 crore

Akshay Kumar's 'Housefull 5' continues its box office run. The film is close to earning Rs 180...

By 0 45