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

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

Posté

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.

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