HDB Financial IPO
Sir, enjoy the tremendous boom
Important news has come from Nifty. Nifty has moved towards its lifetime high, and meanwhile, HDFC Bank has approved its second common, HDB Financial, for IPO. This step has been stuck for a long time, and now the time has come to move it forward.
Important things related to IPO
Many questions are arising related to this IPO:
Which share should I buy?
Will my name come in the shareholder quota?
How many shares can I buy?
How does the shareholder quota work?
We are going to answer all these questions in detail in this blog.
How does the shareholder quota work?
Shareholder quota means that priority will be given to those investors who already own the shares of the company. If you have applied with your PAN card before buying shares, then you will get a chance to submit an additional application.
HDB Financial IPO
HDB Financial’s IPO will be of ₹2500 crores. For this, special priority will also be given to the shareholders. Under this, those who are company shareholders will get some additional benefits.
Benefits of Shareholder Quota
Shareholder quota prioritizes investors who have already invested in the company. This means that you will be given priority over those who are repeatedly using your product.
How to apply?
The application process for retail traders has a limit of one lot to a maximum of 1340 lots.
There are also different quotas for HNIs and company employees.
To apply, you must have shares in your name before the record date.
Conclusion
If you want to participate in HDB Financial’s IPO, then you should start the process of buying shares as soon as possible. Do not miss this opportunity, as it may take time for the final document of the IPO to come.
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