HDB Financial Services IPO fully subscribed on day 2

HDB Financial Services’ highly anticipated IPO, valued at Rs $1.5 billion, was fully subscribed on the second day of bidding. The HDFC Group’s first public float in seven years received bids worth 101.63 billion rupees, or 1.06 times the shares on offer. The IPO, which raised 33.69 billion rupees from anchor investors, is the largest […]