India’s HDB Financial clears IPO in first public float from HDFC …
WEB1 day ago · India's HDB Financial Services, a unit of HDFC Bank , has approved raising 25 billion rupees ($299 million) through a fresh issue of shares in its initial public offering (IPO), the lender said on ...
HDFC Bank unit HDB Finance OKs IPO including Rs 2,500
WEB1 day ago · This IPO could see the bank offloading 10-15 percent of its stake, potentially raising Rs 7,800-8,700 crore, bolstering its capital adequacy. As of June 2024, HDFC Bank’s capital adequacy ratio ...
HDB Financial IPO: HDFC Bank unit approves fresh issue of
WEB1 day ago · Banking behemoth HDFC Bank's subsidiary, HDB Financial Services, is planning an initial public offering (IPO) comprising a fresh issue of equity shares aggregating up to ₹ 2,500 crore and an offer for sale by existing and eligible shareholders. This will be subject to approval of the shareholders of the …
HDB Financial IPO: HDFC Bank clears subsidiary’s IPO plan to raise ...
WEB1 day ago · HDB Financial Services Ltd, a subsidiary of HDFC Bank, has received approval for an IPO. The IPO will comprise a fresh issue of shares worth ₹2,500 crore and an OFS.
HDFC unit HDB Financial Services approves raising Rs 2,500 cr via IPO
WEB1 day ago · India's HDB Financial Services, a unit of HDFC Bank, has approved raising Rs 2,500 cr ($299 million) through a fresh issue of shares in its initial public offering, the lender said on Friday. Existing shareholders will also sell some stake in the IPO via an offer for sale, the details of which ...
Board of HDB Financial Services approves IPO of Rs 2,500 cr
WEB13 hours ago · At meeting held on 20 September 2024. The Board of HDB Financial Services (subsidiary of HDFC Bank) at its meeting held on 20 September 2024 has approved the initial public offering of equity shares of face value of Rs 10 each comprising of a fresh issue of equity shares aggregating up to Rs 2,500 crore and an offer for sale of equity shares by existing and eligible shareholders of the company ...
HDB Financial Services IPO: Rs 2500 crore fundraise gets HDFC …
WEB1 day ago · HDB Financial Services IPO: HDB Financial Services, a subsidiary of HDFC Bank, is all set to bring its initial public offering (IPO) to raise Rs 2,500 crore via fresh equity and offer for sale, as informed in a filing.The issue will comprise both fresh equity of shares and an offer for sale of the equity shares by existing and eligible shareholders of …
HDB Financial IPO: HDFC Bank clears subsidiary's IPO plan to
WEBThe IPO marks the HDFC group's first public float in six years. On July 20, HDFC Bank announced that the board provided an in-principle approval to start the HDB Financial Services listing process.
HDB Financial IPO: HDFC Bank Subsidiary To Launch ₹2,500 Crore IPO …
WEB7m. H DB Financial IPO: The lender has been approved to initiate an initial public offering (IPO) by the board of HDB Financial Services, a division of HDFC Bank. The Rs 2,500 crore HDB Financial ...
Why HDFC Bank gave its nod for HDB Financial Services’ Rs 2,500 crore IPO
WEB1 day ago · New Delhi: HDFC Bank gave its nod for HDB Financial Services’ IPO comprising fresh issuance of shares of face value Rs 10 apiece worth Rs 2,500 crore, according to an exchange filing.HDFC Bank was required to spin off HDB Financial Services for the sake of regulatory compliance with RBI …
Skip to content