Legal Disclaimer

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the draft red herring prospectus dated October 30, 2024 (the “DRHP”) filed with the Securities and Exchange Board of India (“SEBI”) and the relevant stock exchanges in India, BSE Limited and National Stock Exchange of India Limited (collectively, the “Stock Exchanges”) publicity materials and audio-visual film (the “IPO AV”) or other presentations of HDB Financial Services Limited (the “Company”) (together with the DRHP and the IPO AV, the “Offer Documents”) and hosted on this website in connection with the proposed initial public offering of equity shares (“Equity Shares”) of the Company (the “Offer”) that UBS Securities India Private Limited is associated with as one of the Book Running Lead Managers. The Offer Documents have been made available on this website in electronic form solely to comply with Regulation 26(1) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”). The IPO AV is being made available on this website in accordance with circular on “Audiovisual (AV) presentation of disclosures made in public issue offer documents” dated May 24, 2024, issued by the SEBI. You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Offer Documents. By accessing the Offer Documents, you agree to be bound by, and follow, the following terms and conditions, including any modifications to them from time to time.

The contents of the Offer Documents are for your information only. Further, no part of the contents herein shall be copied or duplicated in any form by any means or redistributed and in particular, may not be forwarded to any U.S. address. Any forwarding, distribution or reproduction of the contents herein in whole or in part is unauthorized. Failure to comply with this directive may result in a violation of the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or the applicable laws of other jurisdictions. Neither UBS Securities India Private Limited nor any of its affiliates or any of their respective directors, officers and employees (together, the “Affiliates”) are soliciting any action based on any of the information contained on this website, including the Offer Documents, and such information should not be construed as an offer, or invitation or offer to sell or the solicitation of any offer to buy or subscribe for or purchase any security. Nothing in the Offer Documents constitutes an offer or an invitation by or on behalf of either the Company, the selling shareholder or any of the members of the syndicate to subscribe for or purchase any of the securities described therein. Neither UBS Securities India Private Limited nor any of its Affiliates represents that the contents of the Offer Documents are accurate or complete. The information contained in the Offer Documents may not be updated since their respective original publication dates and may not reflect the latest updates, and neither UBS Securities India Private Limited nor any of its Affiliates are under any obligation to update the Offer Documents to reflect the latest circumstances arising after the date thereof.

Please note that because of restrictions imposed by applicable law or regulation on soliciting securities business in various jurisdictions, subscription to the Offer will not be permitted to residents of certain jurisdictions. Accordingly, the Offer related information on this site is not available to all jurisdictions. The Offer Documents are not intended for distribution to, or use by, any person or entity in any jurisdiction or country where (a) distribution or use of such information would not be permissible under or in violation of any applicable law or regulation; or (b) UBS Securities India Private Limited or any of its Affiliates would by virtue of such distribution become subject to new or additional registration, licensing or other regulatory requirements.

The information contained in this portion of our website is directed at, and is intended for distribution to, and use by, residents of India only, and such information is not intended to be, and should not be, viewed by any person in the United States. By accessing such information, you are hereby deemed to represent that you are not in the United States. The information contained in this website does not constitute an offer for sale in the United States. The securities described in the Offer Documents have not been, and will not be, registered under the U.S. Securities Act, or with any securities regulatory authority of any state or other jurisdiction in the United States and may not be offered or sold, directly or indirectly, in or into the United States unless the securities are so registered or an exemption from the registration requirements is available. This does not constitute, and should not be construed as, “general solicitation or general advertising” as defined under Regulation D of the U.S. Securities Act, or “directed selling efforts” under Regulation S of the U.S. Securities Act.

Any potential investor should note that investment in Equity Shares involves a high degree of risk. For details relating to such risks, potential investors should refer to the DRHP, including the section titled “Risk Factors”. Potential investors should also refer to the red herring prospectus (the “RHP”) which will be filed with the Registrar of Companies, Gujarat at Ahmedabad and the SEBI and the Stock Exchanges in the future. As there may be material changes in the DRHP versus the RHP, potential investors should not rely on the DRHP for any investment decisions. Similarly, IPO AV provides only the salient features of the Offer and accordingly, potential investors should not rely on IPO AV. Investors are advised not to rely on any other document, content or information provided on the Offer on the internet, online websites, social media platforms, micro-blogging platforms or by the influencers since they are not approved, commissioned or paid for by the Company or its promoter(s), directors or key managerial personnel in any manner. Any decision on whether to invest in Equity Shares must be made solely on the basis of the RHP.

UBS Securities India Private Limited, one of the Book Running Lead Managers has taken all necessary steps to ensure that the contents of the Offer Documents as appearing on this website are identical to the Offer Documents filed with the relevant regulatory authorities in India. However, you are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently neither UBS Securities India Private Limited nor any of its Affiliates, accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. UBS Securities India Private Limited, its Affiliates, the Company and the selling shareholder will not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website.

Neither UBS Securities India Private Limited, the Company and selling shareholder, nor any of their affiliates nor their directors, officers and employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in producing or hosting this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access or use of the website or these materials.

Please note that forms downloaded and used for subscription to the Offer in contravention of the above will be rejected with no recourse to UBS Securities India Private Limited, any other Book Running Lead Manager to the Offer, the Company, the selling shareholder or any of their respective affiliates.

Overseas persons
Viewing this information may not be lawful in certain jurisdictions. In other jurisdictions, only certain categories of person may be allowed to view or use this information. Any person who wishes to view this site must first satisfy themselves that they are not subject to any local requirements which prohibit or restrict them from doing so. Please note that because of restrictions imposed by law on soliciting securities business in various jurisdictions, subscription to the Offer will not be permitted to residents of certain jurisdictions. The Offer Documents are not intended for distribution to, or use by, any person or entity in any jurisdiction or country where (a) distribution or use of such information would be contrary to law or regulation; or (b) UBS Securities India Private Limited or any of its Affiliates would by virtue of such distribution become subject to new or additional registration requirements.

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