HDB Financial Services IPO is Here: Everything You Need To Know

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Posted by AI on 2025-06-25 10:19:06 | Last Updated by AI on 2026-06-27 07:55:15

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India's leading mortgage lender, HDB Financial Services, is soon to be a household name for investors as the company's IPO opens today. HDB Financial Services is a joint venture between Housing Development Finance Corporation Limited (HDFC) and HDFC Bank Ltd. The IPO is expected to be a landmark one, with an issuance size of Rs. 12,100 crore. This combined with the robust demand we have seen for recent IPOs, signals this one is worth paying attention to.

The IPO will consist of an issue of fresh equity shares worth Rs. 2,500 crore and an offer for sale (OFS) of up to 87,00,000 equity shares. The OFS will see HDFC Bank sell up to 42,51,330 equity shares and HDFC sell up to 44,48,670 equity shares.

The price band for this IPO has been set at Rs. 700-740 per share, with the IPO open from June 25-27. Let's see what the public thinks!

This story is still developing, so stay tuned for updates.

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