<ul data-eligibleForWebStory="false"><li>HDFC Bank offloaded 13.5 crore shares in HDB Financial's IPO, raising Rs 9,814 crore through the offer-for-sale route.</li><li>This divestment reduced HDFC Bank's stake in HDB Financial to 74%.</li><li>HDB Financial Services made a strong debut on the market, listing at Rs 835, a premium of nearly 13% over its IPO price.</li><li>The IPO, which was subscribed close to 17 times, is one of the most successful by a non-banking financial company; HDB's offering is now India's fifth-largest IPO ever.</li></ul>

HDB Financial Services: HDFC Bank Offloads Stake Worth Rs 9,814 Crore Via OFS In Maiden Offer

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