HDFC HDB Financial Services IPO: Rs 12,500 cr issue! NBFC firm sets price band – Details

HDB Financial Services IPO : The non-banking financial firm (NBFC ) arm of private lender HDFC Bank has fixed the price band of its much-awaited Rs 12,500 crore IPO. The IPO of the NBFC which is backed by HDFC Bank will be open for subscription on June 25 and will close on June 27. Additionally, HDB Financial Services IPO is expected to be the largest offer since Hyundai Motor India’s Rs 27,000 crore issue in 2024 and the biggest in 2025, surpassing the Rs 8,750 crore issue by Hexaware Technologies earlier this year. HDB Financial Services IPO price band The HDFC backed firm HDB Financial Services has set the price band between Rs 700-740 per share ($8.06-$8.52) for its IPO, as per an ET report.