HDB Financial IPO: HDFC Bank unit approves fresh issue of
WEB8 hours 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.
hdb financial services ipo: HDFC Bank approves IPO of HDB …
WEB8 hours ago · 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.
HDFC Bank's arm HDB Financial Services to raise Rs 2,500 crore via IPO
WEB8 hours 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 ...
HDFC Bank unit HDB Finance OKs IPO including Rs 2,500
WEB9 hours ago · HDB Financial Services, the business and personal loans unit of HDFC Bank will soon hit primary market to raise funds via an IPO. The IPO will comprise a fresh issue and offer for sale.
HDB Financial IPO: HDFC Bank clears subsidiary’s IPO plan to raise ...
WEB4 hours 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
WEB7 hours 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 ...
HDFC Bank's subsidiary HDB Financial Services board clears IPO …
WEB6 hours ago · The board of HDB Financial Services Ltd, a non-banking finance subsidiary of HDFC Bank, today approved the initial public offering (IPO) of equity shares comprising a fresh issue of shares aggregating up to Rs 2,500 crore and an offer for sale (OFS) of equity shares. The OFS will be by its existing ...
India's HDB Financial Services to raise $299 million via IPO
WEB19 hours 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 Friday, marking the group's first public float in six years. Existing shareholders will also sell some stake in the IPO via an offer for sale, the firm said in an exchange filing, without specifying ...
HDB Financial Services IPO: Rs 2500 crore fundraise gets HDFC …
WEB7 hours 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 …
HDFC Bank’s HDB Financial Services secures board approval for …
WEB4 hours ago · HDB Financial Services plans ₹2,500 crore IPO, a subsidiary of HDFC Bank with ₹90,000 crore AUM. ... Group News Sites.
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