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HDB files draft IPO papers with Sebi – Times of India

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By News Times HD


Representative Iamge

NEW DELHI: HDB Financial Services, a subsidiary of HDFC Bank, has filed preliminary papers with Sebi to raise Rs 12,500 crore through an IPO. The IPO is a combination of a fresh issue of equity shares and an offer-for-sale by promoter HDFC Bank.

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