Credila Financial Services has filed for an IPO aiming to raise 50 billion rupees, with a fresh issue of shares and stake sales by HDFC Bank and Kopvoorn B.V. The funds will strengthen the company’s capital base as foreign investors return to Indian stocks. Several IPOs are open this week, including a significant offering from HDB Financial.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets