HDB Financial raises Rs 3,369 crore from 141 anchor investors ahead of IPO

9 hours ago 1

HDB Financial raises Rs 3,369 crore from 141 anchor investors ahead of IPO

ET BureauLast Updated: Jun 25, 2025, 05:57:00 AM IST

Synopsis

The company allotted 45 million shares at upper price band of ₹740 apiece to these institutional investors. Anchors include LIC, ICICI Prudential Mutual Fund, SBI Mutual Fund, etc.

HDB Financial ServicesReuters

Anchors include LIC, ICICI Prudential Mutual Fund, SBI Mutual Fund, etc.

Mumbai: HDB Financial Services has raised ₹3,369 crore from 141 anchor investors ahead of the opening of its ₹12,500 crore initial public offering (IPO) on June 25.

The company allotted 45 million shares at upper price band of ₹740 apiece to these institutional investors. Anchors include LIC, ICICI Prudential Mutual Fund, SBI Mutual Fund, etc.


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