New Delhi, June 25 -- The initial public offering (IPO) of HDB Financial Services Limited has hit the Indian primary market today. The public issue will remain open until 27 June 2025. The HDFC Bank arm company has declared the HDB Financial Services IPO price band at Rs.700 to Rs.740 per equity share. The book build issue is proposed for listing on the BSE and the NSE. The initial public offer aims to raise Rs.12,500 crore from this public issue, out of which Rs.2,500 crore is aimed at issuing fresh shares. The rest of Rs.10,000 crore is reserved for the offer for sale (OFS). According to market observers, company shares are available in the grey market well ahead of the HDB Financial Services IPO subscription opening. They said that one...