HDB Financial Services shares: After listing at Rs 835, HDB Financial shares gained another 1%, reaching Rs 845.75 on the BSE. The IPO attracted bids worth over Rs 1.61 lakh crore, with stronger interest from institutional investors than retail buyers. The QIB portion was oversubscribed more than 55 times, while the retail segment saw a modest 1.4 times subscription. In total, the IPO was oversubscribed nearly 17 times.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets