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

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

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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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