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India's HDB Financial to launch $1.5 billion IPO on June 25

HDB Financial Services, a unit of HDFC Bank, is set to launch a $1.5 billion IPO on June 25, marking India's largest IPO in 2025. The three-day share sale will see HDFC Bank selling a stake worth $1.15 billion, with HDB issuing new shares to boost its capital base.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14828901/Indias-HDB-Financial-launch-1-5-billion-IPO-June-25.html
Source Id: 8732004550

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