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45 years later, HDFC bids goodbye to Dalal Street

Finshots Daily

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The Rise and Fall of HDFC Limited

Deepak Parik, Reynu Sud Karnad and Keiki Mystery were key to the success of HDFC. The trio would go on to become lifers atHDFC limited. In 1978 when HDFC launched its IPO, the issue was undersubscribed. People stayed away and the stock didn't pop on the day of listing either. Yes, it wasn't quite the start anyone would want - but HDFC didn't stutter.

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