ET Intelligence Group: Net inflow of foreign portfolio investors (FPI) in the Indian primary market hit a seven month high of $1.7 billion (₹14,247 crore) amid buoyancy in initial public offerings (IPO). The previous high was in December 2024 when FPIs had invested $2.1 billion (₹18,036 crore) through the primary route. Primary market includes IPOs…
HDB Financial Services made a bumper debut on D-Street on July 2, with shares listing at Rs 840, a 13 per cent premium over the IPO price of Rs 740. With this, the HDFC Bank subsidiary instantly joined the elite club of India’s top 10 non-banking financial companies (NBFCs), securing the eighth spot with a market capitalisation…
HDB Financial Services Listing: HDFC Bank’s subsidiary, HDB Financial Services Limited, made a decent debut on the stock exchanges on Wednesday, July 2, listing at nearly a 13 per cent premium. The listing reflected solid investor interest in its maiden public issue. On the NSE, the shares opened at Rs 835 apiece, registering a 12.84…
The initial public offering (IPO) of HDB Financial Services, a subsidiary of India’s largest lender, received a total subscription of 37 per cent on Wednesday (June 25), the first day of the bidding process. Investors placed bids for 4,86,40,680 shares out of the 13,04,42,855 shares available, according to the BSE data. The portion reserved for…
HDB Financial Services, the non-banking financial arm of HDFC Bank, will launch its much-anticipated Rs 12,500 crore initial public offering (IPO) on June 25. The issue will remain open for subscription till June 27, making it the largest public issue so far in 2025 and the biggest since Hyundai Motor India’s Rs 27,000 crore IPO…