HDB Financial Services IPO Will Open On June 25, 2025 And Close On June 27, 2025.The ₹12,500.00 Cr. IPO Is A Book Build Issue, Consisting Entirely of A Fresh Issue and offer for Sale . HDB Financial Services IPO Price Band Is Set At ₹700 To ₹740 Per Share.
The Allotment Will Be Finalized On June 30, 2025 and Listing date is Expected on The NSE BSE By 02, Jul 2025. Investor Quota like 50% QIB, 35% Retail, and 15% HNI Category.
Financial Year 2024 Company Posted a Revenue of ₹7,890.63 Cr. and A Net Profit of ₹1,172.70 Cr. Showing Strong Growth From The Previous Year. Based On Financial, The IPO Looks Promising For Long-term Investors.
About HDB Financial Services Limited
Our Company was originally incorporated on June 4, 2007 as s ‘HDB Financial Services Limited’ We are one of the leading, diversified retail-focused non-banking financial companies (“NBFCs”) in India Our Company is categorized as an Upper Layer NBFC (NBFC-UL) by the RBI.
Our Diversified Product portfolio Serves Multiple Credit Needs of customers Across 3 Business Verticals
- Enterprise Lending : micro, small and medium enterprises (“MSMEs”) to meet their varied and evolving business needs.
- Asset Finance: purchase of new and used commercial vehicles, construction equipment and tractors, all of which are income generating assets for our customers.
- Consumer Finance: loans for purchase of consumer durables, digital and lifestyle products, two-wheelers, automobiles and other unsecured personal loans.
we had a pan-India network of 1,772 branches in 1,162 towns across 31 States and Union Territories.
We offer a large portfolio of Lending Products that cater to a growing and diverse customer base through a wide omni-channel Distribution Network.
Our lending products are offered through our three business verticals: Enterprise Lending, Asset Finance and Consumer Finance.
We believe that the success of our business model and operating philosophy is evidenced by our strong and sustained growth and profitability metrics.
We began our journey in 2007 as a subsidiary of HDFC Bank Limited (“HDFC Bank”) which is the largest private sector bank in India in terms of total assets of ₹36,880.7 billion as at September 30, 2024, with businesses (including those of its subsidiaries) spanning across retail and commercial banking, asset management, life insurance, general insurance and broking,
HDB Financial Services IPO Dates & Price Band Details
| IPO Open Date | June 25, 2025 |
|---|---|
| IPO Close Date | June 27, 2025 |
| IPO Price Band | ₹700 to ₹740 per share |
| Face Value | ₹10 per equity share |
| Lot Size | 20 Shares |
| Minimum Investment | ₹14,800 Thousand (for 1 lot at ₹740) |
| IPO Issue Type | Book Built Issue |
| IPO Issue Size | 16,89,18,918 shares (Approx ₹12,500.00 Cr) |
| Fresh Issue | 3,37,83,784 shares (Approx ₹2,500.00Cr) |
| Offer For Sale | 13,51,35,135 shares (Approx ₹10,000.00Cr) |
| Retail Investor Quota | 35% |
| QIB Quota | 50% |
| NII (HNI) Quota | 15% |
| Listing Exchange | NSE BSE |
| Anchor Investor List | Click Here |
| DRHP (Draft Prospectus) | Click Here |
| RHP (Final Prospectus) | Click Here |
HDB Financial Services IPO Market Lot Size
The Minimum Lot Size For The HDB Financial Services IPO is 20 Shares, Requiring An Application Amount of ₹14,800 For Retail Investors. Investors Must Apply in Multiples of The Lot Size.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 20 | ₹14,800 |
| Retail Maximum | 13 | 260 | ₹1,92,400 |
| S-HNI Minimum | 14 | 280 | ₹2,07,200 |
| B-HNI Minimum | 68 | 1,360 | ₹10,06,400 |
Objects Of The Issue
- To be updated soon
HDB Financial Services IPO Allotment & Listing Dates
HDB Financial Services IPO Will Open on June 25 and Close on June 27, 2025. The allotment is Expected on June 30, With the Listing Scheduled on NSE BSE For Jul 02, 2025 (More information below table).
| Anchor Investor Bidding | June 24, 2025 |
|---|---|
| IPO Opens | June 25, 2025 |
| IPO Closes | June 27, 2025 |
| Allotment Finalisation | June 30, 2025 |
| Refunds / Unblocking | Jul 01,2025 |
| Shares Credited to Demat | Jul 01,2025 |
| Listing Date | Jul 02,2025 |
HDB Financial Services IPO Financial Report (FY 2025)
HDB Financial Services Reported a total Revenue of ₹7,890.63 Cr. in FY 2024, Slightly up From ₹12,402.88 Cr. in FY 2023. The Company Net Profit Also Rose to ₹1,172.70 Cr. From ₹1,959 Cr. in the Previous Year Showing Consistent Financial Growth Ahead of its IPO. (More information below table).
Period Ended
30 Sep 2024
31 Mar 2024
31 Mar 2023
31 Mar 2022
Assets
1,01,960.35
92,556.51
70,050.39
62,025.94
Revenue
7,890.63
14,171.12
12,402.88
11,306.29
Profit After Tax
1,172.70
2,460.84
1,959.35
1,011.40
Net Worth
14,879.33
13,742.71
11,436.97
9,539.73
Reserves and Surplus
14,085.37
12,949.63
10,645.57
8,749.29
Total Borrowing
82,681.10
74,330.67
54,865.31
48,973.08
Amount in ₹ Crore
HDB Financial Services IPO Valuation Report – FY 2025 (KPI)
Check Detailed HDB Financial Services IPO Valuation Metrics for FY 2025, including EPS, P/E Ratio, RoNW, NAV, ROCE, and other key financial indicators. These Ratios help Investors Assess the Company financial Health & Valuation Before applying for The IPO. (More information below table).
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 14.7 |
| Return on Capital Employed (ROCE) | - |
| EBITDA Margin | - |
| PAT Margin | - |
| Debt-to-Equity Ratio | 5.85 |
| Earnings Per Share (EPS) | 31.08 |
| Price to Earnings Ratio (P/E) | 27 |
| Return on Net Worth (RoNW) | - |
| Net Asset Value (NAV) | ₹198.8 |
Qualitative Factors
- 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.
- Advanced technology tools driving enhanced customer experience and efficiency across each stage of the customer lifecycle
- High-quality liability franchise with access to lowest cost, diversified borrowing sources and the highest credit rating
- Track record of robust financial performance with sustainable and profitable growth.
- Stable, highly experienced and professional management team supported by a talented workforce.
- Distinguished parentage of HDFC Bank, India’s largest private bank, enjoying strong trust and brand equity with consumers.
Our Company Promoters
- HDFC Bank Limited
Comparison With Industry Peers
| Name of the Company | Face Value (Per share) | CMP | EPS (Rs) | P/E Ratio | RONW (%) | NAV (Rs. Per share) | PAT (Rs. in Million) |
|---|---|---|---|---|---|---|---|
| HDB Financial Services Limited | 10 | - | 27.40 | 27.00 | 14.72% | 198.80 | 163,002.80 |
| Bajaj Finance Limited | 1 | - | 26.89 | 34.30 | 19.35% | 155.60 | 696,835.10 |
| Sundaram Finance Limited | 10 | - | 170.53 | 28.10 | 15.48% | 1,187.80 | 84,856.30 |
| L&T Finance Limited | 10 | - | 10.61 | 17.90 | 10.79% | 102.50 | 159,242.40 |
| Mahindra & Mahindra Financial Services Limited | 2 | - | 18.32 | 14.50 | 10.91% | 154.90 | 184,631.00 |
| Cholamandalam Investment and Finance Company Limited | 2 | - | 50.72 | 31.40 | 19.71% | 281.50 | 258,459.80 |
| Shriram Finance Limited | 2 | 50.82 | 13.00 | 18.17% | 300.30 | 418,344.20 |
Also Read – HDB Financial IPO GMP Today,Grey Market Premium Live
HDB Financial Services Company Contact Details
Corporate Office: HDB House, Tukaram Sandam Marg, A-Subhash Road,
Vile Parle (East), Mumbai – 400 057, Maharashtra, India
Tel: +91 22 4911 6350.
E-mail: investorcommunications@hdbfs.com
Website: www.hdbfs.com.
HDB Financial Services Lead Manager
JM Financial Limited
7 th Floor, Cnergy Appasaheb Marathe Marg
Prabhadevi Mumbai 400 025 Maharashtra, India
Tel: +91 22 6630 3030/ 3262
E-mail: hdbfs.ipo@jmfl.com
Website: www.jmfl.com
BNP Paribas
1 North Avenue, Maker Maxity Bandra-Kurla
Complex Bandra (E), Mumbai 400 051 Maharashtra, India
Tel: +91 22 3370 4000
E-mail: DL.HDBFS.IPO@bnpparibas.com
Website: www.bnpparibas.co.in
BofA Securities India Limited
Ground Floor, “A” Wing, One BKC,
“G” Block, Bandra Kurla Complex,
Bandra (East), Mumbai 400 051
Tel: +91 22 6632 8000
E-mail:dg.hdb_financial_services_ipo@bofa.com
Website: http://www.ml-india.com
Goldman Sachs (India) Securities Private Limited
951-A, Rational House Appasaheb
Marathe Marg, Prabhadevi Mumbai 400 025 Maharashtra, India
Tel: +91 22 6616 9000
E-mail: hdbipo@gs.com
Website: http://www.goldmansachs.com/
HSBC Securities and Capital Markets (India) Private Limited
52/60, Mahatma Gandhi Road, Fort
Mumbai 400 001 Maharashtra, India
Tel: +91 22 6864 1289
E-mail: hdbfsipo@hsbc.co.in
Website: https://www.business.hsbc.co.in/en
IIFL Securities Limited
24th Floor, One Lodha Place
Senapati Bapat Marg Lower Parel
(West), Mumbai 400 013 Maharashtra, India
Tel: + 91 22 4646 4728
E-mail: hdbfs.ipo@iiflcap.com
Website: http://www.iiflcap.com
Jefferies India Private Limited
Level 16, Express Towers
Nariman Point, Mumbai 400 021
Maharashtra, India
Tel: + 91 22 4356 6000
E-mail: IPO@jefferies.com
Website: www.jefferies.com
Morgan Stanley India Company Private Limited
18F, Tower 2 One World Centre Plot 841, Jupiter
Textile Mill Compound Senapati Bapat Marg Lower Parel,
Mumbai 400 013 Maharashtra, India
Tel: +91 22 6118 1000
E-mail: hdb_ipo@morganstanley.com
Website: www.morganstanley.com/india
Motilal Oswal Investment Advisors Limited
Motilal Oswal Tower, Rahimtullah, Sayani
Road, Opposite Parel ST Depot, Prabhadevi
Mumbai – 400 025, Maharashtra, India
Tel: +91 22 7193 4380
E-mail: hdb.ipo@motilaloswal.com
Website: http://www.motilaloswalgroup.com
Nomura Financial Advisory and Securities (India) Private Limited
Ceejay House, Level 11 Plot F, Shivsagar Estate
Dr. Annie Besant Road, Worli
Mumbai 400 018 Maharashtra, India
Tel: +91 22 4037 4037
E-mail: hdbfsipo@nomura.com
Website: www.nomuraholdings.com
Nuvama Wealth Management Limited
801-804, Wing A, Building No 3Inspire BKC,
G Block Bandra Kurla Complex, Bandra East
Mumbai 400 051, Maharashtra, India
Tel: +91 22 4009 4400
E-mail: hdbfs.ipo@nuvama.com
Website: www.nuvama.com
UBS Securities India Private Limited
Level 2, 3, North Avenue, Maker Maxity,
Bandra Kurla Complex Bandra East,
Mumbai 400 051, Maharashtra, India
Tel: +91 22 6155 6000
E-mail: ol-hdbfsipo@ubs.com
Website: http://www.ubs.com/indiaoffers
HDB Financial Services IPO Registrar
MUFG Intime India Private Limited (formerly
known as Link Intime India Private Limited)
C-101, 1st Floor, 247 Park L.B.S. Marg, Vikhroli (West)
Mumbai 400 083 Maharashtra, India
Telephone: +91 810 811 4949
E-mail: hdbfinancial.ipo@linkintime.co.in
Website: www.linkintime.co.in
HDB Financial Services IPO FAQs
Question 1: What is the HDB Financial Services IPO?
Answer 1: HDB Financial Services IPO is a Mainboard IPO of 16,89,18,918 equity shares of the face value of ₹10 approximately up to ₹12,500.00 Cr. The issue is price at ₹700 to ₹714 per share.
The HDB Financial Services IPO opens on 25 June 2025 and closes on 27June 2025.
Link Intime India Private Limited is the registrar for the IPO. The shares to be listed on NSE BSE.
Question 2: How to apply in HDB Financial Services IPO through Groww?
Answer 2: Groww customers can apply online in HDB Financial Services IPO using UPI as a payment gateway. Groww customers can apply in HDB Financial Services IPO by login into Groww (back office) and submitting an IPO application form.
Steps to apply in HDB Financial Services IPO through Groww –
- Visit the Groww website and login to Groww.
- Go to Main Page and click the Products & tools and click IPO tab.
- New page Open and Show ‘Mayasheel Ventures IPO’ click the ‘Apply’ button.
- Show IPO detail Shares lot Size and Bid Price & click here to Cutoff Price check Box and Continue.
- Inter Your UPI id like . 95****299@kotak accept terms and condition click Box and Apply For IPO
- groww share payment link Your UPI Mobile Number Pay Payment for IPO Bid to approve the e-mandate successfully submit application .
Question 3: When HDB Financial Services IPO will open?
Answer 3: The HDB Financial Services IPO opens on June 25, 2025 and closes on June 27, 2025.
Question 4: What is the lot size of HDB Financial Services IPO?
Answer 4: HDB Financial Servicess IPO lot size and the minimum order quantity is 20 Shares.
Question 5: How to apply for HDB Financial Services IPO?
Answer 5: You can apply in HDB Financial Services IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Groww, Zerodha, Upstox, 5Paisa, Phonepe Share Market, HDFC Bank, and Angel one.
Question 6: When is HDB Financial Services IPO allotment date?
Answer 6: The Basis of Allotment for HDB Financial Services IPO will be on Mon, 30 June 2025, and the allotted shares will be credited to your demat account by Jul, 01 June 2025. For Check the HDB Financial Services IPO allotment status.
Question 7: When is HDB Financial Services IPO listing date?
Answer 7: The HDB Financial Services IPO listing date is 02 Jul 2025. The date of HDB Financial Services IPO listing on wed 02, Jul 2025.
