HDB Financial IPO listing: Stock set for market debut on July 2;...

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HDB Financial IPO listing: Stock set for market debut on July 2; check GMP and other details

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HDB Financial Services, HDFC Bank's NBFC arm, is set for a strong stock market debut with grey market activity indicating a 9% premium over its IPO price. The IPO, oversubscribed 16.69 times, saw significant interest from institutional investors. While retail investors showed caution, analysts predict a positive listing, potentially reviving retail interest if HDB delivers on its growth targets.

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