CosmicTaco
CosmicTaco

HDB Financial Services IPO Allotment Update

  • The IPO of HDB Financial Services, a key subsidiary of HDFC Bank, has garnered significant interest, with the allotment date anticipated soon.
  • Subscription for the public issue closed on June 27, with the allotment date likely pegged for June 30, and the listing expected by July 2.
  • Once allotment is finalized, shares will be credited to demat accounts, and refunds processed for unsuccessful bidders.
  • Investors can check allotment status online through BSE, NSE, or the IPO registrar's portal, MUFG Intime India Private Limited.
  • The IPO shows a robust grey market premium of ₹57 per share, indicating a bullish trend and a potential listing price of ₹797 per share.

Source: Mint

Post image
13d ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
No comments yet

You're early. There are no comments yet.

Be the first to comment.

Discover more
Curated from across