HDB Financial IPO Details
| IPO Open Date: | 2025 |
| IPO Close Date: | 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| Issue Size: | Approx ₹[.] Crores |
| Fresh Issue: | Approx ₹[.] Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
HDB Financial IPO Market Lot
The HDB Financial IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
HDB Financial IPO Dates
The HDB Financial IPO date is 2025 and the close date is 2025. The HDB Financial IPO allotment will be finalized on 2025 and the IPO listing on 2025.
| IPO Open Date: | 2025 |
| IPO Close Date: | 2025 |
| Basis of Allotment: | 2025 |
| Refunds: | 2025 |
| Credit to Demat Account: | 2025 |
| IPO Listing Date: | 2025 |
Promoters of HDB Financial IPO
The promoters of the company is HDFC Bank Limited.
About HDB Financial IPO
HDB Financial Services began its journey in 2007 and is one of the growing diversified retail-focused non-banking financial Upper-Layer companies (NBFCs) in India. The company’s portfolio consists of a diverse range of lending products throughout 3 major areas that is Enterprise Lending, Asset Finance, and Consumer Finance. The company serves its services, especially to salaried, self-employed customers, along with business owners and entrepreneurs. Their goal is to provide financial services to underserved and underbank customers who come from low to middle-class families who have little to no credit history. HDB Financial is one of the largest growing customer franchises in India catering to 17.5 million customers. They are committed to meeting the requirements of its wide range of customers by offering excellent customer service and a diverse range of products with fast-driven technology. Currently, they have a network of 1,772 branches in 1,162 towns across 31 States and Union Territories across India.
HDB Financial IPO Company Financial Report
The company reported revenue of ₹14,171.12 crores in 2024 against ₹12,402.88 crore in 2023. The company reported profit of ₹2,460.84 crores in 2024 against profit of ₹1,959.35 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹11,306.29 | ₹9,958.73 | ₹1,011.40 | ₹62,025.94 |
| 2023 | ₹12,402.88 | ₹9,775.48 | ₹1,959.35 | ₹70,050.39 |
| 2024 | ₹14,171.12 | ₹10,866.45 | ₹2,460.84 | ₹92,556.51 |
| September 2024 | ₹7,890.63 | ₹6,307.83 | ₹1,172.70 | ₹1,01,960.35 |
HDB Financial IPO Valuation – FY2024
Check HDB Financial IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 19.55% |
| ROCE: | [.]% |
| EBITDA Margin: | [.]% |
| PAT Margin: | [.]% |
| Debt to equity ratio: | [.] |
| Earning Per Share (EPS): | ₹31.08 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 19.55% |
| Net Asset Value (NAV): | ₹173.3 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Bajaj Finance Limited | 236.89 | 29.8 | 22.05% | 1239.0 | 54,969.49 Cr. |
| Sundaram Finance Limited | 130.31 | 36.2 | 17.55% | 997.1 | 7,267.12 Cr. |
| L&T Finance Limited | 9.34 | 15.5 | 10.31% | 94.2 | 13,580.58 Cr. |
| Mahindra & Mahindra Financial Services Limited | 15.66 | 17.8 | 10.10% | 161.3 | 15,796.85 Cr. |
| Cholamandalam Investment and Finance Company Limited | 41.17 | 31.5 | 20.15% | 233.1 | 19,139.62 Cr. |
| Shriram Finance Limited | 196.32 | 16.7 | 16.00% | 1302.5 | 36,379.52 Cr. |
Objects of the Issue
- To be updated soon
HDB Financial IPO Review
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
HDB Financial IPO Registrar
MUFG Intime India Private Limited
Phone: +91 810 811 4949
E-mail: hdbfinancial.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- JM Financial Limited
- BNP Paribas
- BofA Securities India Limited
- Goldman Sachs (India) Securities Private Limited
- HSBC Securities and Capital Markets (India) Private Limited
- IIFL Securities Limited
- Jefferies India Private Limited
- Morgan Stanley India Company Private Limited
- Motilal Oswal Investment Advisors Limited
- Nomura Financial Advisory and Securities (India) Private Limited
- Nuvama Wealth Management Limited
- UBS Securities India Private Limited
Company Address
HDB Financial Services Limited
HDB House, Tukaram
Sandam Marg, ASubhash Road,
Vile Parle (East),
Mumbai – 400057,
Maharashtra, India
Phone: +91 22 4911 6350
E-mail: investorcommunications@hdbfs.com
Website: www.hdbfs.com
HDB Financial IPO FAQs
What is HDB Financial IPO?
When HDB Financial IPO will open for subscription?
What is HDB Financial IPO Investors Portion?
How to Apply the HDB Financial IPO?
What is HDB Financial IPO Issue Size?
What is HDB Financial IPO Price Band?
What is HDB Financial IPO Lot Size?
What is the HDB Financial IPO Allotment Date?
What is the HDB Financial IPO Listing Date?
Note: The HDB Financial IPO price band and date are officially announced. The (HDB Financial IPO grey market premium) will be added to the IPO GMP page as it will start).
