🏦 HDB Financial IPO Nears SEBI Approval!
Big IPO buzz! 💥 HDB Financial Services, a subsidiary of HDFC Bank, is all set to hit the markets with a massive public issue worth ₹12,500 Cr. 💰 IPO Breakdown: 🔄 Fresh Issue: ₹2,500 Cr+ 🔻 Offer for Sale (OFS): ₹10,000 Cr 💸 Face Value: ₹10 per share 🧍♀️ Retail Quota: 35% reserved This move marks one of the biggest NBFC IPOs in recent years and is likely to attract strong investor interest thanks to its HDFC lineage and consistent performance. 📌 Why it matters: HDB’s listing will unlock value for HDFC Bank and allow investors to tap into a high-quality, retail-focused NBFC. Stay tuned — this one could be a blockbuster!
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