Archive · 28 Jun 2025
HDB Financial IPO Oversubscribed, Investors Await Allotment
HDB Financial Services had an IPO, which means they offered shares to the public to raise money.
People really wanted to buy these shares, with bids totaling a huge amount.
Retail investors, those applying in small quantities, have a good chance of getting the shares.
The price is expected to increase when the shares start trading.
HDB Financial Services IPO received bids worth Rs 1.61 lakh crore.
The IPO was oversubscribed 16.69 times overall.
Retail investors are likely to receive at least one lot of shares.
GMP for the IPO is Rs 55-60, suggesting a listing pop of 7-8%.
The IPO was open for bidding between June 25 and June 27.
- Who
- Investors, HDB Financial Services
- What
- HDB Financial Services IPO attracted substantial investor interest.
- When
- Bidding took place between June 25 and June 27.
- Where
- India
- Why
- To raise capital through the sale of shares.
High Risk Investors
Low Risk Investors
Retail Investors
High Risk Investors
May not get allotments
Low Risk Investors
High chance of allotment
- Total Bids Received
- Rs 1.61 lakh crore
- Overall Subscription
- 16.69 times
- Retail Portion Subscription
- 1.41 times
- GMP
- Rs 55-60
- Offer Price Band
- Rs 700-740 per share
Sources
HDB Financial Services’ IPO gets ₹1.6 lakh crore in bids as institutional buyers pile in
HDB Financial Services IPO allotment date in focus. GMP, subscription, how to check status
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