HDFC Bank Sells HDBFS Shares via IPO

  Published 1 year ago

HDFC Bank sold 13.51 crore HDBFS shares at Rs 740 each via IPO to boost its investment returns.

  • Shares offered at Rs. 740 apiece, higher than the Rs. 10 face value.
  • IPO is part of the strategy to optimize HDBFS stake value.
  • Offer for Sale aims to attract retail and institutional investors.

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