Poging GOUD - Vrij
HDB Financial fixes IPO price band at ₹700-740, 35% discount to GMP
The New Indian Express Bhubaneswar
|June 21, 2025
HDB Financial Services, the retail-focused non-banking lender promoted by HDFC Bank, on Friday fixed price band at ₹700-740 per share—nearly 35% discount to the prevailing grey market price (GMP). The ₹12,500 crore initial public offering (IPO) will be opening next Wednesday.
At the upper-end of the price band, the company will be valued at $7.5 billion, while the grey market valuation is $10.5 billion. The mega issue, which is the largest from the NBFC space, comprises ₹2,500 crore of fresh issue of shares of ₹10 face value and ₹10,000 crore in offer for sale by parent HDFC Bank, currently owns 94.3% of the compa
Dit verhaal komt uit de June 21, 2025-editie van The New Indian Express Bhubaneswar.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The New Indian Express Bhubaneswar
The New Indian Express Bhubaneswar
Assam to table report on 1983 poll violence
THE report of a non-government commission, which probed the incidents related to the 1983 Assam election violence, will be tabled in the state Assembly during its winter session beginning on Tuesday.
1 min
November 25, 2025
The New Indian Express Bhubaneswar
PM returns to Ayodhya for flag hoisting in Ram temple
PREPARATIONS for Dhwajaarohan (flag hoisting) ceremony on the Ram temple's spire reaching their culmination with Prime Minister Narendra Modi ready to return to the temple town after 22 months of the consecration ceremony of Ram Lalla in the sanctum sanctorum which he presided over on January 22, 2024.
1 mins
November 25, 2025
The New Indian Express Bhubaneswar
Level up: PMO to babus on cabinet notes
ONUS ON PULLING TOGETHER IN SAME DIRECTION
1 mins
November 25, 2025
The New Indian Express Bhubaneswar
Proposed amendment to protection of plant varieties law raises concern
Ongoing consultations may harm farmers: Experts
1 mins
November 25, 2025
The New Indian Express Bhubaneswar
AI to upgrade Boeing 787-8 fleet by 2026: CEO
AIR INDIA CEO and managing director Campbell Wilson on Monday said the year 2026 is set to witness major changes to the airline’s fleet.
2 mins
November 25, 2025
The New Indian Express Bhubaneswar
Punjab village bids adieu to He-Man ‘uncle’
THE He-Man of Bollywood, 89year-old veteran actor Dharmendra, who acted in more than 300 movies spanning 65 years, belonged to Dangon village, some 25 km away from Ludhiana in Punjab.
1 mins
November 25, 2025
The New Indian Express Bhubaneswar
Nitish cabinet meet today, lobbying for BJP chief
First time in two decades
1 min
November 25, 2025
The New Indian Express Bhubaneswar
Rupee sees biggest single-day gain as RBI props up local unit
AFTER rupee’s worst single-day fall since May 8 on Friday to 89.61, the RBI intervention propped the domestic currency on Monday, helping it post the biggest single-day gain in a month to close at 89.23.
1 min
November 25, 2025
The New Indian Express Bhubaneswar
Adani Group’s gross debt increases to ₹3.36L cr, cash balance up at ₹57k cr
ADANI Group said on Monday that it had a cash balance of ₹57,157 crore at the end of September 2025.
1 mins
November 25, 2025
The New Indian Express Bhubaneswar
Halt ops, give us 3-mth window: Maoists to govt
Letter to CMs of MP, Maha and Chhattisgarh seeks time for collective call on surrender
1 mins
November 25, 2025
Listen
Translate
Change font size

