استمتع بـUnlimited مع Magzter GOLD

استمتع بـUnlimited مع Magzter GOLD

احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل

$149.99
 
$74.99/سنة

يحاول ذهب - حر

HDB Financial to test investor appetite in dull IPO market

June 25, 2025

|

Mint New Delhi

Focus now shifts to business fundamentals, comparison with peers such as Bajaj Finance

- Abhinaba Saha

DB Financial Services Ltd's ₹12,500 crore initial public offering, the largest so far this year, will test investor appetite for fresh offers in a dull market.

The three-day initial public offer (IPO), which opens on Wednesday, has priced shares of the non-banking financial company (NBFC) at ₹700-740 apiece. While that was a 40% discount to its grey market price before the IPO was announced, prices in the two markets have converged. The focus now shifts towards its fundamentals.

With one of the lowest return on assets (RoA) among key listed peers in FY25, HDB's profitability lags that of its competitors because of the rising cost of operations and managing bad loans, its red herring prospectus showed.

المزيد من القصص من Mint New Delhi

Mint New Delhi

Mint New Delhi

Diwali is past, but shopping season is roaring ahead

India's consumption engine appears to be humming well past the Diwali rush, with digital payments showing none of the usual post-festival fatigue.

time to read

3 mins

November 25, 2025

Mint New Delhi

Mint New Delhi

AI bond flood adds to market pressure

Wall Street is straining to absorb a flood of new bonds from tech companies funding their artificial intelligence investments, adding to the recent pressure in markets.

time to read

4 mins

November 25, 2025

Mint New Delhi

Mint New Delhi

TCS, Wipro US patent suits worsen IT's woes

Two of the country’s largest information technology (IT) services companies—Tata Consultancy Services Ltd and Wipro Ltd—faced fresh patent violations in the last 45 days, signalling challenges to their expansion of service offerings.

time to read

2 mins

November 25, 2025

Mint New Delhi

Mint New Delhi

Auto parts firms spot hybrid gold

Auto component makers are licking their lips at the ascent of hybrids, spying a new growth engine at a time when electric vehicle (EV) sales have not measured up.

time to read

2 mins

November 25, 2025

Mint New Delhi

Micro biz has a harder time securing loan to start up

Bank lending to first-time micro-entrepreneurs has plummeted, signalling tighter credit conditions for small businesses already struggling with cash flow pressures and trade turmoil. In the first six months of the fiscal year, a key central scheme to support such lending managed to sanction just about 12% of what was sanctioned in the entire previous fiscal year, official data showed.

time to read

2 mins

November 25, 2025

Mint New Delhi

Mint New Delhi

Why was a fresh approach to QCOs needed?

The government is now withdrawing the quality control orders (QCOS) issued earlier across sectors. Mint examines the original intent, the reasons for the policy reversal, and the expected national benefits from this move.

time to read

2 mins

November 25, 2025

Mint New Delhi

Mint New Delhi

Inverted duty fix is next on GST agenda

GST Council to expand work on fixing anomaly at next meet

time to read

2 mins

November 25, 2025

Mint New Delhi

Page Industries scouts for missing piece of comeback puzzle

Page Industries Ltd has been struggling with muted growth.Its thrust on operational efficiencies, calibrated distribution expansion and new product launches is yet to reignite the dwindling investor faith.

time to read

1 mins

November 25, 2025

Mint New Delhi

REAL ESTATE PLAY: THE END OF INDIA’S BIGGEST TAX HACK

For years, the easiest dinner-table flex in India was a line that began with “You know what I bought that flat for?” and ended with a smug smile. Real estate wasn’t just an investment, it was a moral victory. Hold long enough and inflation would ensure you paid no to minimal tax. All thanks to indexation, a process that adjusts the cost of acquisition for inflation until the year of sale, effectively reducing your capital gains and the tax on them.

time to read

3 mins

November 25, 2025

Mint New Delhi

Independent films fight for screen space despite critical acclaim

Critically acclaimed Indian filmsthat sparkle onthe international festival circuit are finding it hard to be screened in the country even though theatresare struggling with low supply of new commercial films.

time to read

2 mins

November 25, 2025

Listen

Translate

Share

-
+

Change font size