HDB Financial Services Ltd (HDBFS), a subsidiary of India’s largest private-sector lender HDFC Bank, is gearing up for a market debut. The non-banking financial company (NBFC) plans to raise Rs 12,500 crore through its much-anticipated initial public offering (IPO),

India's top private lender HDFC Bank said on Saturday its HDB Financial Services unit will raise up to 125 billion rupees ($1.5 billion) in its initial public offering (IPO). Parent HDFC Bank, which holds a 94.

Of the Rs 12,500 crore IPO, Rs 10,000 crore is the shares that HDFC Bank intends to sell. The board of directors have approved the IPO

The HDB Financial Services IPO will include a fresh equity issuance worth Rs 2,500 crore, alongside a Rs 10,000-crore offer for sale by HDFC Bank, totaling Rs 12,500 crore. HDFC Bank, which holds a 94.

HDB Financial Services Ltd., a unit of India’s largest private sector lender, HDFC Bank Ltd. plans to raise as much as 125 billion rupees ($1.5 billion) through an initial public offering, further adding to big debuts in the nation’s equity markets.

HDB Financial Services, a subsidiary of HDFC Bank will go for a ₹12,500 crore IPO amid RBI mandate for ‘upper layer’ NBFCs to get listed

HDB Financial Services, a subsidiary of India’s largest private lender HDFC Bank , has announced plans to raise up to Rs 12,500 crore in its upcoming initial public offering ( IPO ). HDFC Bank , which owns a 94.

Leading private lender HDFC Bank is set to divest Rs 10,000 crore worth of its stake in HDB Financial Services in a forthcoming IPO. This move comes in response to new regulatory norms and aims to enhance HDB's lending capabilities and digital infrastructure.