HDB Financial Services, backed by HDFC Bank, is launching its IPO on June 25, continuing until June 27. This will be the largest IPO since Hyundai Motor India’s last year. HDFC Bank will dilute its stake through an OFS of Rs 10,000 crore, alongside a fresh equity sale of Rs 2,500 crore.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets