HDB Financial IPO Details
IPO Open Date: | June 25, 2025 |
IPO Close Date: | June 27, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹700 to ₹740 Per Share |
Issue Size: | Approx 12,500 Crores |
Fresh Issue: | Approx ₹2,500 Crores |
Offer for Sale: | Approx 13,51,35,135 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 20 shares with ₹14,800 application amount. The retail investors can apply up-to 13 lots with 260 shares of ₹1,92,400 amount.
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 |
HDB Financial IPO Dates
The HDB Financial IPO date is June 25 and the close date is June 27. The HDB Financial IPO allotment will be finalized on June 30 and the IPO listing on July 2.
IPO Open Date: | June 25, 2025 |
IPO Close Date: | June 27, 2025 |
Basis of Allotment: | June 30, 2025 |
Refunds: | July 1, 2025 |
Credit to Demat Account: | July 1, 2025 |
IPO Listing Date: | July 2, 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 ₹16,300.28 crores in 2025 against ₹14,171.12 crore in 2024. The company reported profit of ₹2,175.92 crores in 2025 against profit of ₹2,460.84 crores in 2024.
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 |
2025 | ₹16,300.28 | ₹13,372.48 | ₹2,175.92 | ₹1,08,663.29 |
HDB Financial IPO Valuation – FY2025
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: | 14.72% |
ROCE: | [.]% |
EBITDA Margin: | [.]% |
PAT Margin: | [.]% |
Debt to equity ratio: | 5.85 |
Earning Per Share (EPS): | ₹27.4 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 14.7% |
Net Asset Value (NAV): | ₹198.8 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Bajaj Finance Limited | 26.89 | 34.3 | 19.35% | 155.6 | 69,683.51Cr. |
Sundaram Finance Limited | 170.53 | 28.1 | 15.48% | 1,187.8 | 8,485.63 Cr. |
L&T Finance Limited | 10.61 | 17.9 | 10.79% | 102.5 | 15,924.24Cr. |
Mahindra & Mahindra Financial Services Limited | 18.32 | 14.5 | 10.91% | 154.9 | 18,463.10Cr. |
Cholamandalam Investment and Finance Company Limited | 50.72 | 31.4 | 19.71% | 281.5 | 25,845.98Cr. |
Shriram Finance Limited | 50.82 | 13.0 | 18.17% | 300.3 | 41,834.42Cr. |
Objects of the Issue
- Augmentation of the Company’s Tier – I Capital base to meet their Company’s future capital requirements including onward lending under any of the Company’s business verticals i.e. Enterprise Lending, Asset Finance and Consumer Finance.
HDB Financial IPO Review
- IPO Watch – May Apply
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HDB Financial IPO Registrar
MUFG
Intime
India
Private
Limited
Phone:
+91
810
811
4949
E-mail:
[email protected]
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:
[email protected]
Website:
www.hdbfs.com
HDB Financial IPO FAQs
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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).
One Response
price band 700-740 announced.