Archive · 28 Jun 2025
HDB Financial Services IPO Closes, Heavily Oversubscribed
HDB Financial Services finished selling shares through an IPO to raise about ₹12,500 crore.
The price per share was between ₹700 and ₹740.
The company is backed by HDFC Bank.
Investors are encouraged to buy shares, because the company is believed to be a fast growing NBFC that is well positioned to grow.
The company has shown revenue growth and is considered fairly valued.
HDB Financial Services' IPO concluded its bidding process.
The IPO aimed to raise approximately ₹12,500 crore.
The price band was set at ₹700 to ₹740 per equity share.
The IPO was oversubscribed, with a subscription of 16.69 times on the final day.
Analysts recommend subscribing to the IPO for its growth potential.
- Who
- HDB Financial Services and investors.
- What
- HDB Financial Services' IPO concluded its bidding process.
- When
- June 27, 2025, on the final day of bidding.
- Where
- Domestic capital market.
- Why
- To raise capital.
Investors
N/A
Investment Recommendation
Investors
Invest in the IPO.
N/A
N/A
- IPO Size
- ₹12,500 crore
- Price Band
- ₹700-740 per share
- Day 3 Subscription
- 16.69 times
- Market Cap
- ₹ 61,388 cr
- Revenue Growth FY2024
- 14.3%
- Revenue Growth FY2025
- 15%
Sources
HDB Financial IPO: Early investors stare at up to 52 pc loss even before listing
HDB Financial IPO Day 2: Check subscription status, latest GMP, reviews, allotment date & more
HDB Financial Services IPO fully subscribed on day 2
HDFC Bank shares cross Rs 2,000 mark for first time, hit record high
HDB Financial Services IPO subscribed 1.16 times on Day 2; Check latest GMP, subscription status, other details
HDB Financial Services’ IPO fully subscribed on day 2
HDB Financial IPO Day 3: Institutions pile on the bets; Retail bids at 90%
HDB Financial Services IPO day 3 Live: GMP, subscription status to review. Apply or not as bidding ends in few hours?
