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Investor confidence in India's unlisted securities market has been shaken following HDB Financial Services' IPO being priced below expectations. This has led to a decline in the unlisted values of other prominent pre-IPO stocks like NSE, NSDL, and Tata Capital. Investors are now more valuation-sensitive, comparing unlisted prices with listed peers, and advised to remain cautious due to inflated expectations.
Rohit Jawa will step down as CEO and MD on July 31, 2025 to pursue the next chapter in his personal and professional journey, the company said in a filing.
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