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HDB Financial Services Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹740
Issue Price
₹740
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹740
GMP based
Lot Size
20
shares / lot
Min Amount
₹14,800
1 lot · 20 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
25 Jun 2025
Wed Completed
Done
Close Date
27 Jun 2025
Fri Completed
Done
Allotment
30 Jun 2025
Mon Completed
Done
Refund
01 Jul 2025
Tue Completed
Done
Demat Credit
01 Jul 2025
Tue Completed
Done
Listing Date
02 Jul 2025
Wed Completed
UPI Deadline: 27 Jun 2025
Issue Details
Pricing & Size
Issue Price
₹740 Face ₹10
Lot Size
20 shares
Min Investment
₹14,800
Total Issue Size
16,89,18,917 shares (aggregating up to ₹12,500.00 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
7,58,78,377 (44.92%)
NII / HNI
2,27,63,514 (13.48%)
Retail
5,31,14,865 (31.44%)
Employee
2,70,270 (0.16%)
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
79,39,63,540 shares
Post-Issue Shareholding
82,77,47,322 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 20 ₹14,800
HNI / NII 14 280 ₹2,07,200
bHNI / bNII 68 1360 ₹10,06,400
Objects of Issue
1 objectives
1
1 Augmentation of the Company’s Tier – I Capital base to meet their Company’s future capital requirements including onward lending under any of the Company’s business verticals i.e. Enterprise Lending, Asset Finance and Consumer Finance.
2,458.62 Cr
Lead Managers & Market Maker
Book Running Lead Managers
BNP Paribas
JM Financial Ltd.
BOFA Securities India Ltd.
Goldman Sachs (India) Securities Pvt.Ltd.
HSBC Securities & Capital Markets (India) Pvt.Ltd.
IIFL Capital Services Ltd.
Jefferies India Pvt.Ltd.
Morgan Stanley India Co.Pvt.Ltd.
Motilal Oswal Investment Advisors Ltd.
Nomura Financial Advisory & Securities (India) Pvt.Ltd.
Nuvama Wealth Management Ltd.
UBS Securities India Pvt.Ltd.
IPO Timeline
Open
25 Jun
✓ Done
Close
27 Jun
✓ Done
Allotment
30 Jun
✓ Done
Listing
02 Jul
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
hdbfinancial.ipo@linkintime.co.in
Company Contact
Email
investorcommunications@hdbfs.com
Phone
+91 22 4911 6350
Address
Radhika, 2nd Floor, Law Garden Road, Navrangpura Ahmedabad, Gujarat, 380009
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹740
Est. Listing
₹740
Lot Size
20 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
HDB Financial Services Ltd. LIVE
INR ·
vs Issue
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| Price
Market Reference
IPO Issue Price
₹740
GMP
+₹0 (+0%)
GMP Est. Listing
₹740
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 7,58,78,377 (44.92%) ₹561,499.99 Cr
NII / HNI (Total) 2,27,63,514 (13.48%) ₹168,450.00 Cr
Retail Investors 5,31,14,865 (31.44%) ₹393,050.00 Cr
Employee 2,70,270 (0.16%) ₹200.00 Cr
Total ** 16,89,18,917 (100.00%) ₹12,499,999.87 Cr
* Based on ₹740.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
7,58,78,377 (44.92%)
NII
2,27,63,514 (13.48%)
Retail
5,31,14,865 (31.44%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31 Mar 202531 Mar 202431 Mar 2023
Revenue16300.2814171.1212402.88
PAT2175.922460.841959.35
EBITDA9512.378314.136251.16
Net Worth14936.5012802.7610436.09
Total Assets108663.2992556.5170050.39
Reserves15023.9712949.6310645.57
Borrowings87397.7774330.6754865.31
Key Financial Ratios
14.72%
ROE
Return on Equity
5.85
D/E Ratio
Debt to Equity
3.72
P/BV
Price to Book Value
27.41
Pre EPS
EPS Pre-Issue
26.29
Post EPS
EPS Post-Issue
27
Pre P/E
P/E Pre-Issue
28.15
Post P/E
P/E Post-Issue
About HDB Financial Services Ltd.

Incorporated in 2007, HDB Financial Services Limited is a retail-focused, non-banking financial company.

The company also offer business process outsourcing (“BPO”) services such as back-office support services, collection and sales support services to our Promoter as well as fee-based products such as distribution of insurance products primarily to the lending customers.

HDB Financial Services Limited's omni-channel “phygital” distribution model combines a large branch network, in-house tele-calling teams and various external distribution networks and channel partners.

Business Verticals:

  • Enterprise Lending:The first business vertical launched in 2008. they offer a variety of secured and unsecured loans to MSME customers, as well as certain types of salaried employees, primarily through their branch network.
  • Asset Finance: They offer financing options to customers for acquiring new and used commercial vehicles, construction equipment and tractors, all of which are income generating assets for their customers.
  • Consumer Finance:They offer loans to individuals seeking to fulfil their personal or household needs.

As of March 31, 2025, with over 80% of the branches located outside the 20 largest cities in India.As at March 31, 2025, The company had a pan-India network of 1,771 branches in 1,170 towns and cities across 31 States and Union Territories, with over 80% of the branches located outside the 20 largest cities in India by population.

As at Fiscals 2025, 2024 and 2023, the company had a total of 60,432, 56,560 and 45,883 employees.

Competitive Strengths:

  • Highly granular retail loan book, bolstered by a large and rapidly growing customer base with a focus on serving the underbanked customer segments.
  • Large, diversified and seasoned product portfolio with a sustainable track record of diversification, growth and profitability through the cycles.
  • Tailored sourcing supported by an omni-channel and digitally powered pan-India distribution network.
  • Comprehensive systems and processes contributing to robust credit underwriting and strong collections.
Frequently Asked Questions
What is the issue price of HDB Financial Services Ltd. IPO?
The issue price of HDB Financial Services Ltd. IPO is ₹740 per share, face value ₹10.
What is the lot size?
Minimum lot size is 20 shares, requiring ₹14,800.
What are the IPO dates?
Opens 25 Jun 2025, closes 27 Jun 2025.
When is the listing date?
Tentative listing: 02 Jul 2025 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹740 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

HDB Financial Services Ltd. IPO · Expected 30 Jun 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
30 Jun 2025
Refund Initiation
01 Jul 2025
Demat Credit
01 Jul 2025
Listing Date
02 Jul 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹740
Face ₹10
Lot Size
20
shares / lot
Min Amount
₹14,800
1 lot
Est. Listing
₹740
GMP +₹0
Key Dates
Open
25 Jun Done
Close
27 Jun Done
Listing
02 Jul Done
Registrar
MUFG Intime India Pvt.Ltd.
A
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