The initial public offering (IPO) of HDB Financial Services was subscribed 12.60 times around 3:15 pm on Friday, the third and final day of bidding. This compares to 1.16 times subscription at the end of Day 2.
As of the latest update, the retail portion was subscribed 1.26 times, the non-institutional investor (NII) segment at 9.43 times, and the qualified institutional buyer (QIB) category at 39.68 times. The employee quota saw a 4.89 times subscription, while the shareholder reservation portion was subscribed 4.01 times.
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