New Delhi, June 28 -- HDB Financial Services IPO Allotment: The initial public offering (IPO) of HDB Financial Services, a subsidiary of HDFC Bank, has received strong demand from investors. As the bidding period has ended, investors now focus on HDB Financial Services IPO allotment date which is expected to be finalise soon. The public issue was open for subscription from June 25 to June 27. HDB Financial Services IPO allotment date is likely June 30, Monday, and HDB Financial Services IPO listing date is expected to be July 2.

The Rs.12,500-crore worth HDB Financial Services IPO was a combination of fresh issue of 3.38 crore equity shares aggregating to Rs.2,500 crore and an offer-for-sale (OFS) component of 13.51 crore shares amountin...