Intentar ORO - Gratis
Margin pressure likely weighed on HDB Financial's valuation
Business Standard
|June 20, 2025
Another investment banker dealing with the IPO said, besides the proposed RBI norms, margin pressure due to intense competition and growth slowdown amid NBFCs' asset quality concerns also weighed on the valuation.
-
"Earlier, we were eyeing an issue price of around ₹1,200. We may now have to settle below ₹800 following investor feedback. To be sure, there is a lot of investor interest. The bank, if it wants, can still price the issue aggressively, but it wants to leave some gains on the table for investors," he added.
Esta historia es de la edición June 20, 2025 de Business Standard.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Business Standard
Business Standard
Export promotion
Market access schemes need to be backed by a coherent strategy
2 mins
January 06, 2026
Business Standard
Banks see strong deposit growth in Q3, outpaced by rapid credit expansion
On the rise
3 mins
January 06, 2026
Business Standard
Closely monitor asset quality, RBI guv tells NBFCs
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday emphasised the need for sound underwriting standards and close monitoring of asset quality during a meeting with the chief executive officers of non-banking finance companies (NBFCs).
1 mins
January 06, 2026
Business Standard
FMCG firms may see GST-cut impact in Q3
Fast-moving consumer goods (FMCG) companies are expected to reflect the transient impact of the new goods and services tax (GST) rates in the third quarter of 2025-26 (FY26) (October-December/Q3), with volume recovery likely to improve sequentially, according to brokerages.
1 mins
January 06, 2026
Business Standard
Centre pushes to merge, rationalise schemes
54 centrally sponsored and 260 central-sector schemes may be reappraised for next financial year
2 mins
January 06, 2026
Business Standard
Samsung to double AI mobile devices to 800 mn units this year
Samsung Electronics plans to double this year the number of its mobile devices with “Galaxy AI” features largely powered by Google's Gemini, its co-CEO said, which would give the US firm an edge over rivals as the global race in artificial intelligence heats up.
1 mins
January 06, 2026
Business Standard
Bharat Coking Coal's ₹1K cr IPO to open on Friday
Coal India subsidiary Bharat Coking Coal Ltd (BCCL) plansto launch its initial public offering (IPO) on Friday to raise ₹1,069 crore through a 100 percent offer-for-sale (OFS).
2 mins
January 06, 2026
Business Standard
Top asset manager taps Citi, HSBC for $1.4 bn IPO
SBI Funds Management has hired nine banks to advise on aproposed initial public offering that may raise around $1.4 billion in the first half of 2026, according to people familiar with the matter.
1 min
January 06, 2026
Business Standard
The destructive potential of sentient AI
Worries about a superintelligent and sentient artificial intelligence (AI) destroying humanity is not new.
3 mins
January 06, 2026
Business Standard
India introduces e-Business visa for Chinese nationals
THE NEW VISA WILL BE ISSUED IN 45 TO 50 DAYS, WITH PERMISSION TO STAY IN INDIA FOR UP TO SIX MONTHS
1 min
January 06, 2026
Listen
Translate
Change font size