HDB Financial Services IPO 2025: Price Band, Dates, GMP, Allotment & Listing Details
HDB Financial Services IPO opens on June 25 with a price band of ₹700–₹740. Backed by HDFC Bank, the IPO includes a fresh issue and OFS totaling ₹12,500 crore. Apply via the IPO Ji app and track allotment, GMP, and listing updates.
The HDB financial services IPO is among the highly awaited public in 2025. Under the HDFC Bank and the leading NBFC of India, the upcoming IPO has attracted the retail and institutional investors. This is all you need to know about the HDB Financial Services IPO, its price band, subscription dates, lot size, GMP, allotment status, listing date and company wise discussion.
📌 HDB Financial Services IPO Overview
HDB Financial Services IPO Price Band and Valuation
The price band of the IPO of the HDB Financial Services has been adjusted at 700 and 740 rupees per equity share. The face value of the floor price and cap price is 70x and 74x respectively of the face value with 70x being 2 rupees and 74x being 19 rupees.
The implication is that at the higher end of the pricing band, the market capitalization would be huge hence this would be one of the largest IPOs made in the year. Comparable to the industry players, the ratio of the P/E using FY25 earnings is competitive.
Shareholder Quota in HDB Financial Services IPO
Shareholders Quota: Yes ☑️ (As per RHP)
Parent Company: HDFC Bank
Shareholder Quota Size : ₹1250 Crores
To get eligible for shareholder quota one should have at least 1 Share of HDFC Bank in your Demat account as of June 19th (Last day to buy was June 18th).
The maximum Bid Amount under the Shareholder Reservation Portion by an Eligible HDFC Bank Shareholder shall not exceed the ₹200,000
🎯 HDB Financial IPO Lot Size and Reservation
Investors can apply in lots of 20 shares, and in multiples thereafter.
Investor Reservation Quota:
- Qualified Institutional Buyers (QIB) – up to 50%
- Non-Institutional Investors (NII) – at least 15%
- Retail Individual Investors (RII) – at least 35%
- HDFC Bank Shareholders – ₹12,500 million worth reserved
- Employees – ₹200 million worth reserved
This special reservation for HDFC Bank shareholders makes it even more attractive for existing HDFC Bank investors.
📊 HDB Financial Services Company Profile
HDB Financial Services Ltd, a subsidiary of HDFC Bank, is a leading retail-focused non-banking financial company (NBFC) in India. It offers a diverse portfolio of products including consumer loans, enterprise lending, gold loans, vehicle finance, and secured/unsecured loans through a robust omni-channel network.
🔍 Key Financials (as of March 31, 2025):
- Gross Loan Book: ₹1,068.8 billion
- Assets Under Management (AUM): ₹1,072.6 billion
- Profit After Tax (FY25): ₹21.8 billion
- CAGR of Gross Loans (FY23–FY25): 23.54%
- CAGR of AUM (FY23–FY25): 23.71%
HDB is categorized as an Upper Layer NBFC (NBFC-UL) by the Reserve Bank of India, which subjects it to stricter regulatory norms—ensuring better corporate governance and risk compliance.
📈 HDB Financial Services IPO Objectives
The company aims to use the ₹2,500 crore from the fresh issue to:
- Augment its Tier-I Capital base
- Meet future capital requirements for growth in Enterprise Lending, Consumer Finance, and Asset Finance
- Maintain regulatory capital adequacy under evolving RBI norms
🔍 Peer Comparison
HDB Financial's competitive P/E positioning makes it a compelling investment opportunity in the NBFC space.
🔔 Important Dates for HDB Financial IPO
📝 How to Apply for HDB Financial Services IPO?
You can apply for the HDB IPO via:
- IPO Ji App or Website – a trusted platform to apply for mainboard and SME IPOs with ease. Track GMP, allotment, and listing updates.
- Net Banking (ASBA)
- Brokerage Platforms like Zerodha, Groww, Upstox, and Angel One
🔗 Tip: Use the IPO Ji app for instant alerts, real-time IPO news, allotment updates, and application tracking—all in one place!
The HDB Financial Services IPO presents a well-diversified book of loans and the same is backed by a good brand (HDFC Group) and stable financial performance. The IPO is full of good fundamentals, a huge growth prospects and has the support of the largest private bank in the country which makes the demand expected in all type of investors.
The HDB Financial IPO is likely to list well with listing returns and long-term value, with a well-practiced offer, shareholder take-up reservation, and QIB/ NII appetite.
