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HDB Financial Services IPO - Use of Proceeds

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Of the total HDB Financial Services IPO issue size of 12,500 crores, 2,500 crores is from a fresh issue intended to bolster the company's Tier 1 capital. The remaining 10,000 crores comes from an Offer for Sale (OFS) where HDFC Bank will sell its stake.
"2,500 crores fresh issue they are going to use for topping up their tier 1 capital. But what about t..."
CA Rachana Phadke Ranade CA Rachana Phad...
Jun 24, 2025
Pending
HDB Financial Servic...