Diabytes
PNB Housing Finance IPO News
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The Rs 3,000-crore IPO received bids for 55,72,111 shares against the total issue size of 2,80,77,500 shares, data available with the NSE till 1700 hrs showed.
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Mortgage lender PNB Housing Finance has fixed a price band of Rs 750-775 for its initial public offer to raise Rs 3,000 crore.
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PNB Housing Finance, which has set the ball rolling for a Rs 2,500-crore IPO, is looking to take its growth to the next level with a pan-India expansion to meet surging demand from tier-II and tier-III cities, a top company executive said.
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