Mumbai, June 26 -- The initial public offer of HDB Financial Services received bids for 15,11,23,780 shares as against 13,04,42,855 shares on offer, according to stock exchange data at 17:00 IST on Thursday (26 June 2025). The issue was subscribed 1.16 times.

The issue opened for bidding on 25 June 2025 and it will close on 27 June 2025. The price band of the IPO is fixed between Rs 700 and 740 per share. An investor can bid for a minimum of 20 equity shares and in multiples thereof.

The initial public offer (IPO) consists of fresh issue to raise Rs 2,500 crore through issuance of 3.57 crore equity shares. The issue also consists of Offer for Sale (OFS) of Rs 10,000 crore through issuance of 13.51-14.29 crore equity shares from the prom...