Hdb Financial Services Ipo: Issue Of Hdfc Bank's Unit Set For June 25-27 Launch

HDFC Bank Ltd connected Thursday announced that its non-banking finance arm, HDB Financial Services (HDBFS), will motorboat its Initial Public Offering (IPO) betwixt June 25 and June 27, 2025. The anchor investor bidding is scheduled for June 24.

In a regulatory filing pinch nan BSE, nan backstage slope said, "In continuation to earlier intimations made successful this regard, we wish to pass you that HDBFS has revenge a Red Herring Prospectus (RHP) dated June 19, 2025, pinch nan Registrar of Companies, Gujarat, Dadra and Nagar Haveli astatine Ahmedabad successful relationship pinch its IPO of equity shares."

The IPO is group to beryllium 1 of nan astir anticipated nationalist issues successful nan NBFC abstraction this year.

The IPO is simply a operation of a caller rumor of Rs 2,500 crore and an connection for waste (OFS) from HDFC Bank worthy Rs 10,000 crore.

HDFC Bank presently holds a 94.3 per cent liking successful HDB Financial up of its first stock sale. Details regarding value band, and batch size are expected to beryllium announced shortly.

Meanwhile, shares of HDFC Bank edged up 0.05 per cent to settee astatine Rs 1,934.80 today. At this closing price, nan banal has climbed 8.55 per cent successful nan almanac twelvemonth 2025 truthful far.

Technically, nan scrip traded higher than nan 5-day, 30-, 50-, 100-, 150-day and 200-day elemental moving averages (SMAs) but little than nan 10-day and 20-day SMAs. Its 14-day comparative spot scale (RSI) came astatine 50.97. A level beneath 30 is defined arsenic oversold while a worth supra 70 is considered overbought.

Published on: Jun 19, 2025 4:05 PM IST