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 ...
HDB Financial IPO: HDFC Bank unit approves fresh issue of
WEB1 day ago · HDB Financial Services has engaged four investment banks as advisors for its IPO, namely Jefferies, JM Financial, Morgan Stanley and Nomura, according to a Moneycontrol report. The listing is a mandatory requirement with HDB Financial Services being an "Upper Layer" NBFC pursuant to the circular issued by the Reserve Bank of India in October 2022.
Board of HDB Financial Services approves IPO of Rs 2,500 cr
WEB15 hours ago · 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 who may offer to tender their equity ...
HDFC Bank's subsidiary HDB Financial Services board clears IPO …
WEB1 day ago · HDB Financial Services posted 2.6 per cent Y-o-Y growth in net profit at Rs 580 crore in the June quarter. Its net revenues grew by 3.2 per cent Y-o-Y to Rs 2,390 crore and the total loan book expanded by 30 per cent Y-O-Y to Rs 95,600 crore as of June 30, 2024, compared to Rs 73,600 crore in the year-ago period.
HDB Financial board okays IPO; Rs 2,500-crore fresh issue, offer …
WEB1 day ago · HDB Financial Services Ltd board on Friday, 20 September gave a nod to the lender to launch an initial public offering (IPO), which would include a fresh equity issue worth Rs 2,500 crore, and an ...
HDFC Bank's arm HDB Financial Services to raise Rs 2,500 crore …
WEB1 day ago · HDB Financial Services, a unit of country's largest private lender HDFC Bank, has approved raising Rs 2,500 crore through a fresh issue of shares in its initial public offering (IPO), the lender ...
hdb financial services ipo: HDFC Bank approves IPO of HDB Financial ...
WEB1 day ago · HDB Financial Services IPO: The IPO comprises a fresh equity sale of Rs 2,500 crore and an offer-for-sale component, allowing existing shareholders to divest their holdings. HDB Financial Services, a major NBFC, focuses on retail and commercial customers with a diversified portfolio of financial products and services.
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 Services Set to Launch Rs 10,000 Cr IPO - Deccan …
WEB16 hours ago · Mumbai: Board of HDB Financial Services, a non-banking subsidiary of HDFC Bank, has approved an initial public offering with a fresh issue of equity shares of Rs 10 face value aggregating to Rs ...
HDBFin IPO: HDFC Bank board gives nod to initiate listing of HDB …
WEBJul 20, 2024 · India's biggest private lender, HDFC Bank Ltd, announced on Saturday, July 20, that its Board of Directors has approved in principle to initiate the public listing of its subsidiary HDB...