HDB Financial Services to Raise Rs 2,500 Cr in Hot New IPO!

HDFC's HDB Financial to Raise Rs 2,500 Cr in Hot New IPO!

Indian financial sector, HDB Financial Services, a subsidiary of HDFC Bank, has unveiled plans to raise ₹2,500 crore (approximately $299 million) through a fresh issue of shares in its upcoming initial public offering (IPO). The announcement was made on Friday, marking a significant step towards the company’s listing on the stock exchanges. Existing Shareholders to … Read more