Status
Listed
Price band
₹700–₹740
Shares in one lotA lot is the smallest bundle of shares you can apply for. Lot size, in the glossary
20 shares
Minimum money
₹14,800 for 1 lot
Issue size
₹12,500 crore
Dates
25 Jun 2025 – 27 Jun 2025
Official links
- Prospectus
- Allotment statusAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
How to apply
Use UPI and ASBA. The guide covers the close, allotment, and the T+3 listing.
Open the guideRelated guides
HDB Financial Services Ltd. IPO is listed. It opens on 25 Jun 2025 and closes on 27 Jun 2025. The price band is ₹700 to ₹740. One lot is 20 shares, and the minimum amount is ₹14,800. The issue size is ₹12,500 crore, with a fresh issue of ₹2,500 crore and an offer for sale of ₹10,000 crore. In FY25, total income was ₹16,300.28 crore and profit after tax was ₹2,175.92 crore. Total income was up 15% from ₹14,171.12 crore in FY24. Profit after tax was down 11.6% from ₹2,460.84 crore in FY24.
The total subscription for HDB Financial Services Ltd. is 17.65 times.
HDB Financial Services Ltd. listed at ₹835.
HDB Financial Services is a non-bank lender and a subsidiary of HDFC Bank. It offers consumer, business and vehicle loans.
Dates
Opens
25 Jun 2025
Closes
27 Jun 2025
AllotmentAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
30 Jun 2025
Refunds
1 Jul 2025
Demat credit
1 Jul 2025
Listing
2 Jul 2025
Objects of the issue
- Augmentation of the Companys Tier-I Capital base to meet their Companys future capital requirements including onward lending under any of the Companys business verticals i.e. Enterprise Lending,…
- Issue Expenses
Subscription
Subscribed 17.65x overall. Final, as of 27 Jun 5 pm IST.
Total
17.65x
Issue structure
Fresh issue and offer for sale
How the issue is split. Amounts are in ₹ crore.
| Part | Amount |
|---|---|
| Fresh issue | ₹2,500 crore |
| Offer for sale | ₹10,000 crore |
Reservation
Share kept for each group. The percents are the published figures.
| Part | Amount |
|---|---|
| Retail | 35% |
| Large bids | 15% |
| Big funds | 50% |
Issue
- Face value
- ₹10
- Fresh issue
- ₹2,500 crore
- Offer for saleOFS means offer for sale. Existing owners are selling shares. The company does not get that money.
- ₹10,000 crore
- Exchanges
- BSE, NSE
- Registrar
- MUFG Intime India Pvt. Ltd.
Reservation
- Retail
- 35%
- Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
- 15%
- Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
- 50%
Financials
₹ crore, for the last three reported years.
Total income and profit
Each chart has its own scale. Amounts are in ₹ crore.
Total income
Profit after tax
| Year | Total income | Profit |
|---|---|---|
| FY23 | ₹12,402.88 crore | ₹1,959.35 crore |
| FY24 | ₹14,171.12 crore | ₹2,460.84 crore |
| FY25 | ₹16,300.28 crore | ₹2,175.92 crore |
Net worth
₹ crore, for each year that reports net worth.
| Year | Net worth |
|---|---|
| FY23 | ₹10,436.09 crore |
| FY24 | ₹12,802.76 crore |
| FY25 | ₹14,936.5 crore |
| Year | Total income | PAT | Net worth | Assets | Borrowings |
|---|---|---|---|---|---|
| FY23 | 12,402.88 | 1,959.35 | 10,436.09 | — | — |
| FY24 | 14,171.12 | 2,460.84 | 12,802.76 | — | — |
| FY25 | 16,300.28 | 2,175.92 | 14,936.5 | — | — |
Listing
- Listing price
- ₹835
- Close on listing day
- ₹840.95
- Listing gainListing gain is how far the first traded price sits above or below the issue price. Capital gains, in the glossary
- 12.84% versus ₹740
Frequently asked questions
When does this issue open?
It opens on 25 Jun 2025 and closes on 27 Jun 2025.
What is the lot size and the minimum amount?
One lot is 20 shares. The minimum amount is ₹14,800 for 1 lot.
When are allotment and listing?
Allotment is on 30 Jun 2025. Listing is on 2 Jul 2025.
What is the price band?
The price band is ₹700 to ₹740.
What is the issue size?
The issue size is ₹12,500 crore.
How many times was it subscribed?
The total subscription is 17.65 times, checked 27 Jun 2025, 5:00 pm IST.
What was the listing gain?
The listing gain against the top of the price band is 12.84%.
This page is a calendar of dates and prices. It is not a recommendation to apply.