HDB Financial IPO Surpasses $8B Valuation on Strong Debut

  Published 9 months ago

HDB Financial's IPO surges 13% on debut, hitting $8.2B valuation, driven by investor confidence in India's growth.

  • HDB's $1.5B IPO is India's largest non-bank lender offering, exceeding its $7.1B valuation target.
  • Strong fundamentals, low NPAs, 5.4% profit growth, and wide distribution fuel expansion optimism.
  • India's IPO market gains momentum, with $5.86B raised in 2025, ranking second globally after the U.S.

You might like these

UCB Capital Raising: RBI Discussion Paper

Varroc Engineering Shares Slip 3.7%

PNB Q2 Profit Up 14% on Retail Growth

India's Forex Reserves Dip $9.3 Billion

RACL Geartech Shares Up 17% After Order

Kotak Mahindra Bank Q1 FY26 Growth Highlights

CONCOR & RHS Ink Global Logistics Deal

News that matters the most ⚡