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HDB Financial fixes IPO price band at ₹700-740, 35% discount to GMP
The New Indian Express Kochi
|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
Bu hikaye The New Indian Express Kochi dergisinin June 21, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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