Sunday, September 27
The allotment status for HDB Financial Services' Rs 12,500 crore IPO, one of the year’s most anticipated public issues, is expected to be finalized on Monday. Investors can check their allotment on the registrar’s website — MUFG Intime India Pvt Ltd (Link Intime) — once activated.The IPO, which opened on June 25 and closed on June 27, comprised a fresh issue of shares worth Rs 2,500 crore and an offer for sale (OFS) of Rs 10,000 crore by promoter HDFC Bank. The price was fixed at Rs 740 per share, and the issue attracted strong demand across investor categories, receiving over 42.6 lakh applications.According to stock exchange data, the IPO was subscribed 17.65 times overall, with the qualified institutional buyers (QIBs) portion subscribed 58.64 times, non-institutional investors
