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HDB Financial Services listing: Shares make strong market debut at 12.84% premium; open at Rs 835 on BSE, NSE

HDB Financial Services shares made a robust stock market entry, listing at a 12.84% premium of Rs 835 over the issue price of Rs 740. The IPO, which included a fresh issue and an offer-for-sale, witnessed substantial investor demand, closing with an overall subscription of 17.65 times, driven primarily by strong interest from Qualified Institutional Buyers.