HDB Financial’s Rs 12,500 crore IPO: 10 insights that reveal the HDFC Bank arm’s bigger ambitions

HDB Financial Services’ initial public offering opens on June 25 and will be the largest IPO so far this year. While only a portion of the proceeds will go to the company, the offering signals a broader structural shift within the HDFC group. Here are 10 key developments around the issue, based on company filings and brokerage research. Profit Path