Today, we are going to talking about one of the most prominent banks named HDFC. The motive for picking this topic today is HDFC will be going to introduce its Initial Public Offer to raise funds. Yes, HDB Financial Services IPO will be very soon hitting the NSE and BSE. A very huge quantity of traders waiting for the IPO Date because they want to invest in it. If we talk about the HDB Financial Services (HDBFC) then it was incorporated in 2007. It is the Indian NBFC that provides services to both individual and business clients. Also, HDB Financial Service is a very genuine business that has a very strong capitalization in the Market.
HDB Financial Services IPO Details
The company regularly giving many services for a decade and increasing its reputation across the country. Also, the company able to create its very good and positive image in front of everyone. Apart from this, the HDB Financial Services IPO will be also a very good opportunity for all the traders who want to invest their money. The HDB involved in the business of Lending (secured & unsecured loans) and BPO services. The company also offers many types of loans such as a vehicle, gold, personal, property, and many others. Here you will get all the information related to the HDB Financial Services IPO Date, Allotment, Price, Shares, Listing, Issue Size, Lot Size, and many other details.
It is very common nowadays to invest at a place which provides a very genuine return to all the people. Now, IPO is an acronym of the Initial Public Offering. Also, a very huge number of people are waiting for the HDB Financial Services IPO because they want to invest in it. The HDB Financial Services IPO Opening Date and Closing Date has not been revealed yet but very soon the official information will be hit the internet. Now, if we talk about the Grey Market Value of the company then HDBFC is valued at ₹80-90,000 crores. After this, the company also considered the 4th most valuable NBFC in India. Also, the HDBFC is the 5th company of HDFC Group that listing on the Stock Exchange.
HDB Financial IPO Tentative Table
Here you will get all the details related to the HDB Financial IPO Price Band, Issue Size, and many more. We providing a proper table that explaining all the things without any doubt. All the traders and local people who interesting to invest in it can understand every detail after reading the given below table. HDB Financial IPO Face Value also given in the table which is Rs.10 per Equity Share. The best part of the upcoming IPO is that it is a 100% Book Built Issue IPO.
| IPO Details | HDFC BANK | |
| Issue Type | 100% Book Built Issue IPO | |
| Issue Period | Opening Date: 2021 | |
| Closing Date: 2021 | ||
| Price Band | Rs.- 1100 – 1200 per Equity Share (Expected) | |
| Issue Size | Rs.10000* Crores | |
| Face Value | Rs.10 per Equity Share | |
| Bit Lot | X Equity Shares and in multiples thereof | |
| Maximum Bid amount for Retail | Rs. 2 Lakhs | |
| QIB | 50% of the issue size | |
| NIB | 15% of the issue size | |
| Retail Individual Bidders | 35% of the issue size | |
| Employee Reservation | X Equity Shares (Rs. – Crs) | |
| Employee Discount | Rs.- per Equity Share | |
| Listing | NSE & BSE | |
| Registrar | Karvy Fintech Private Limited | |
| Book Running Lead Managers | Bank of America Merrill Lynch and Morgan Stanley | |
| Grey Market Price | HDB Finance IPO Grey Market Premium | |
Also Read: The Upcoming IPO 2021 in India
Conclusion
Now, many people are searching for the complete details about the upcoming IPO but here we did not provide you still. So, if you want to get more information then stay connected with us because we will update our website whenever any detail hits the internet. We know that a very number of traders are keeping their eyes on the HDB Financial Services IPO 2021 to get an opportunity to invest in it. We will also update here HDB Financial Services Latest Share Price and News but you just need to regularly visit our website. The company very soon releasing its IPO to raise the funds and very soon the company will be going to invite the local public to invest in it.