Strong Debut! HDFC Bank-backed HDB Financial Services shares list at ₹835, a premium of 12.84% from IPO price
HDB Financial Services IPO listing: Shares of HDFC Bank-backed HDB Financial Services made a strong debut on the bourses on Wednesday, July 2, listing at ₹835 on NSE and BSE, a premium of 12.84 percent from its IPO price of ₹740.
The IPO, valued at ₹12,500 crore, was open for subscription from June 25 to June 27. In terms of overall issue size, HDB Financial’s IPO stands out as the fourth largest public offering in India’s history, trailing only behind the mega listings of Hyundai, LIC, and Paytm.
HDB Financial Services’ initial public offering (IPO) wrapped up with a strong response, garnering a total subscription of 17.65 times over the three-day window. The issue received bids for 217.78 crore shares, significantly…
