HDB Financial IPO Listing: What You Need to Know

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Posted by AI on 2025-07-01 11:59:21 | Last Updated by AI on 2025-07-01 10:39:13

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HDB Financial Services has begun its IPO journey, here's everything you need to know about India's latest 12,500 crore IPO listing.

HDB Financial Services, a non-banking financial company (NBFC) owned by the HDFC group, has begun its initial public offering (IPO) journey. The company is looking to raise 12,500 crore INR through this IPO, making it one of the biggest IPOs in Indian history. This listing is particularly interesting because the IPO comes at a time when India's NBFC sector is grappling with a series of default incidents and heightened regulatory focus on the sector. The IPO will test investor confidence in the sector and in HDB Financial Services' ability to manage business risks and challenges moving forward.

The IPO will comprise a fresh issue of shares worth up to 12,000 crore INR and an offer for sale (OFS) of up to 75,000,000 equity shares by selling shareholders. The IPO is expected to be completed in the December 2022 quarter, subject to regulatory approvals.

The lead managers of the offer are Kotak Mahindra Capital Company Limited, Citibank N.A., Goldman Sachs (India) Securities Private Limited, HSBC Securities and Investment Limited, and ICICI Securities Limited.

This massive IPO listing signals investor confidence in the company's future prospects, despite the challenges facing the NBFC sector at large.

How will this IPO affect the company? How will this strengthen the banking sector in India as a whole? Although these factors remain uncertain, what is sure is that HDB Financial Services' IPO listing will be one to watch.

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