News for IIFL Securities Limited (IIFLSEC.NS)

Knowledge Realty Trust is launching a Rs 4,800 crore IPO on August 5, offering units at Rs 95–100. The REIT, backed by Sattva and Blackstone, holds 29 Grade A office assets across six cities. It aims to become Indias largest REIT by GAV, with strong institutional participation expected.

Reliance Infrastructure shares saw a surge after India Ratings upgraded its credit rating. The rating moved up three notches, removing the 'Default' classification after six years. This upgrade reflects the company's significant debt reduction. Reliance Infra now reports near-zero debt with banks and financial institutions. The stock has shown substantial gains over the past year.

Smartworks Coworking Spaces Ltd sets IPO price band at Rs ₹387-407, offering modern office spaces for businesses.

HDB Financial Services IPO listing today with strong institutional interest, poised for 8-10% listing gain, backed by HDFC Bank.

Credila Financial Services Ltd files UDRHP-I with SEBI for IPO to raise funds up to ₹5,000 crores.

HDFC Bank subsidiary HDB Financial Services launches IPO, HDB Financial Services IPO GMP Day 3 Live Updates:

HDB Financial’s ₹12,500 crore IPO fully subscribed on Day 2; strong demand from employees, HDFC shareholders, and anchors like LIC, BlackRock, Goldman Sachs.

HDB Financial Services IPO sees moderate response on day two, with price band of ₹700-740 per share.

HDB Financial Services IPO GMP Day 2 Live Updates: The ₹12,500 crore IPO of HDFC Bank’s subsidiary, HDB Financial Services, opened for public subscription today June 25, 2025. Concludes on June 27, 2025. Subscription data The IPO has been subscribed 0.37 times, as it received bids for 4.86 crore shares against 13.04 crore shares on offer. NII portion was booked 0.76 times, retail 0.30 times, employee portion 1.77 times, shareholders’ portion 0.70 times and QIBs 0.01 times. Anchor portion HDB Financial Services, a subsidiary of HDFC Bank, has garnered ₹3,369 crore from anchor investors. Price band, issue size The price band is fixed at ₹700-₹740 per share. At the upper end of the price band, the company is valued at ₹61,400 crore. The IPO is a combination of a fresh issue of equity shares worth Rs 2,500 crore and an Offer For Sale (OFS) of ₹10,000 crore by promoter HDFC Bank. At present, HDFC Bank holds a 94.36% stake in HDB Financial Services, a non-banking financial company (NBFC) arm of the bank. Book-running lead managers of the IPO JM Financial, BNP Paribas, BofA Securities India, Goldman Sachs (India) Securities, HSBC Securities and Capital Markets (India) Pvt Ltd, IIFL Securities, Jefferies India, Morgan Stanley India Company, Motilal Oswal Investment Advisors, Nomura Financial Advisory and Securities (India) Pvt Ltd, Nuvama Wealth Management, and UBS Securities India are managing the company’s IPO. Use of funds The company proposes to utilise the proceeds from the fresh issue to strengthen its Tier-I capital base. This will support future capital needs, including additional lending, to support business growth. After the proposed IPO, HDB Financial Services will continue to be a subsidiary of the bank. Listing date The shares are expected to debut on the BSE and NSE on July 2, 2025.

HDB Financial Services ₹12,500 crore IPO opens today at ₹700–740. Anchor investors include LIC, BlackRock. Offer closes June 27 with quotas for all investor types.

HDB Financial Services, a subsidiary of HDFC Bank, on Friday fixed a price band of ₹700-740 per share for its ₹12,500 crore Initial Public Offering (IPO).

BSE, meanwhile, is left with a narrower window—only Wednesday and Thursday—to draw significant volumes after NSE's expiry. While it may seem technical, timing is crucial in the fiercely competitive weekly options market.

Stock Market today | Share Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 3 June 2025.

Stock Market | Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 3 June 2025.

IPO News Live, Leela Hotels IPO (Schloss Bangalore), Aegis Vopak Terminals IPO, Prostarm Info Systems IPO, ASTONEA LABS IPO, Scoda Tube IPO GMP Live Updates: Key highlights | Track live updates on IPOs here Last day to subscribe Brookfield Asset Management-backed Schloss Bangalore IPO, which operates Leela Palaces Hotels and Resorts, was subscribed 17 per cent on the second day of bidding. The company garnered ₹1,575 crore from anchor investors. The issue, with a price band of ₹413-435 per share, will conclude on May 28. The IPO of Aegis Vopak Terminals, a subsidiary of Aegis Logistics Ltd, received a 35 per cent subscription on Tuesday. The company raised ₹1,260 crore from anchor investors and price band for the issue is ₹223- ₹235 per share. IPO will conclude on May 28. Following IPOs enter Day 2 Prostarm Info Systems IPO opened for subscription on May 27, aiming to raise ₹168 crore via fresh issue. Price band set at ₹95-₹105 per share. It was subscribed 3.35 times on day 1 of bidding. ASTONEA LABS opened for subscription on May 27, aiming to raise ₹37.67 crore. The price band for this SME IPO is set between ₹128-₹135 per share. Booked 0.22 times on Day 1. IPO open for subscription from today Scoda Tubes IPO is entirely a fresh issue of equity shares, aggregating up to ₹220 crore with no offer for sale (OFS) component. The issue, with a price band of ₹130-140 per share, opened for public subscription on May 28 and will conclude on May 30. Track live updates on these IPOs here.

Aegis Vopak Terminals IPO saw low demand, with 29% subscription on Day 2 and a weakening GMP of Rs 8–9. Though strategically important in energy logistics, its premium valuation and limited past profitability raise caution. Retail investors must weigh long-term potential against risks before subscribing.

Aegis Vopak Terminals launched its IPO on May 26, aiming to raise ₹2,800 crore through a fresh issue of shares. Initial subscription rates were modest, with retail investors showing more interest than other categories. The funds will be used for debt repayment, acquiring a cryogenic LPG terminal, and general corporate needs, with shares expected to list on June 2.

Aegis Vopak Terminals IPO opens today with a price band of Rs 223-235, aiming to raise Rs 2,800 crore.

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