📢 HDB Financial Services IPO – All You Need to Know (June 4 Update)
🟢 SEBI Approval In!
✅ HDB Financial Services Ltd (HDBFS), a subsidiary of HDFC Bank, has received the green signal from SEBI for its ₹12,500 crore IPO.
🏦 Parent Company Stake Sale
🔁 HDFC Bank, which currently owns 94.6% of HDBFS, will sell shares worth ₹10,000 crore via Offer-for-Sale (OFS).
💸 IPO Size Breakdown
📊 Total IPO Size: ₹12,500 crore
🔹 Fresh Issue: ₹2,500 crore
🔹 OFS: ₹10,000 crore
📅 Milestone Moment
🌟 This is the first IPO from the HDFC Bank group in 6 years!
📃 Share Details
💵 Equity shares will have a face value of ₹10 each.
🔄 Live Updates
📲 Stay tuned for more live updates as the IPO gears up for launch!
