My Portfolio_Homemaker

[homemaker]

For my own learning…sharing a post written by Hitesh Sir.

Hitesh portfolio

@Ramesh_Patel Just to continue with the example of HDFC on how listing of the subsidiaries benefit the parent. First of all as you mentioned, diluting the stake through IPO provides money straighaway to the parent. This money could be used in many ways but for financial institutions where money is the main raw material, it means a lot. Secondly, as long as the listing of subsidiaries has not happened, the market determined value of the subsidiary is not ascertained. Once listing happens, pri…