Reuters

HDB Financial's IPO gets $19 billion in bids as institutional buyers pile in

IPO subscribed 16.7 times over Institutional buyers bid for 55 times reserved shares Retail interest relatively muted, subscribed 1.4 times Stock expected to start trading on July 2 HDB most ...
Bloomberg L.P.

HDB Financial Shares Climb in Debut After $1.5 Billion India IPO

HDB Financial Services Ltd.'s shares rallied in their Mumbai trading debut after the company's 125 billion-rupee initial public offering attracted strong demand from investors. The stock closed at 840 ...
Reuters

India's HDB Financial raises $392 million in IPO anchor book

June 24 (Reuters) - HDB Financial Services raised 33.69 billion rupees ($392 million) from anchor investors ahead of its $1.5 billion initial public offering (IPO), which is set to be India’s largest ...
Morningstar

HDB Financial Starts Taking Orders for Nearly $1.5 Billion IPO

One of India's largest non-banking financial companies has begun testing investor appetite for its nearly $1.5 billion initial public offering, amid a renewed risk-on sentiment in global equity ...
Bloomberg L.P.

HDB Set to Be Most Bid Billion Dollar Indian IPO in 4 Years

HDB Financial Services Ltd.’s $1.5 billion initial public offering is set to become India’s most sought after large listing in at least four years on heavy bidding from foreign and domestic investors.