HDB Financial Services Shares: Are Unlisted Shares the New Road to High Gains?
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3 Articles
HDB Financial Services shares: Are unlisted shares the new road to high gains?
Investing in shares of unlisted companies has the potential to deliver several advantages to investors including valuation gains before the listing and the listing premium when the company goes for an initial public offering. Has the listing of HDB Financial Services proven to be a good bet by investors who bought the unlisted shares?
HDB Financial Shares Jump Nearly 18% in Two Days After Market Debut
HDB Financial Services isn’t done rallying. Two days after its blockbuster debut, the stock tacked on more gains in early Thursday trade, hitting ₹891 on the BSE, up 6% intraday. That pushes its post-IPO return north of 20% from the issue price of ₹740. The real kicker? HDFC Bank just offloaded 13.5 crore shares of HDB Financial in a ₹9,814 crore block deal. Ordinarily, that kind of stake sale would spook the market. But not this time. Bulls hel…
HDFC Bank Issues Update on HDB Financial Share Price
In a statement shared with stock exchanges and media, HDFC Bank addressed recent developments relating to the share price of HDB Financial Services—one of its most significant subsidiaries focused on non-bank financial services. The lender emphasized that HDB Financial shares are not listed and cautioned investors against interpreting unregulated market quotes as indicators of true value. “Any price discovery in the unlisted market does not refl…
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