As an investor, deciding whether the IPO is Good or Bad to invest in can often be challenging. If you are confused and worried about whether to Apply or Not the HDB Financial IPO. Then worry not, here we are describing 10 important key points & an in-depth, detailed HDB Financial IPO review which will help you to make the decision.
Strengths and Weaknesses of HDB Financial IPO
Strengths:
- The company comprises well-developed systems and processes that will ensure careful loan approval and strong recovery of dues.
- They incorporate advanced technology to improve customer experience in order to offer a seamless customer journey.
- So far, the company has shown incredible financial results with a strong increase in revenues and profitability.
- HDB Financial is supported by a steady, experienced, and professional team backed by a skilled and capable staff.
Weaknesses:
- Any slowdown in India’s economy can negatively impact their business, performance, and cash flow.
- The company mainly works due to the dependency of its promoter. However, their interest might clash with them, or if they decide to reduce their stake in the company can badly impact the overall business and financial condition.
- The company uses the HDFC brand logo under a trademark agreement with our promoter, HDFC Bank. In the future, if the company loses the rights to use the HDFC brand logo or if the HDFC bank goes through any loss, it can negatively impact the business, financial condition, and cash flow.
- In India, the lending/loan industry is very challenging; if we fail to compete well in this competitive industry can badly affect the performance, business, and cash flow.
- Failing to attain funding on good terms and reasonable rates when needed can badly impact the business, overall performance, and cash flow.
HDB Financial IPO Details
| IPO Size | ₹12,500 crores |
| Offer-for-sale | 13,51,35,135 equity shares |
| Fresh issue | ₹2,500 crores |
| Price band | ₹700 to ₹740 |
| Subscription | Opens on June 25, 2025, and the closing date is June 27, 2025 |
| Purpose of IPO | Fresh Issue and Offer-for-Sale |
HDB Financial IPO Open and closing dates?
HDB Financial IPO will be opening for subscription on June 25, 2025, and will be closed for subscription on June 27, 2025.
What is the size of the HDB Financial IPO?
The company planned to raise funds of around ₹12,500 crores via IPO. This IPO comprises a combination of a fresh issue of ₹2,500 crores and an Offer-for-sale up to 13,51,35,135 equity shares with a face value of ₹10 each.
What are the subscription details of the HDB Financial IPO?
The HDB Financial IPO price range is set at ₹700 to ₹740 per share. In this IPO, a total of 20 shares were available in one lot size for the minimum Retail category. For the maximum Retail category, 260 shares were available in 13 lot sizes. Additionally, 280 shares were available in 14 lot sizes for the S-HNI Minimum category. While for the B-HNI Minimum category, 1,360 shares were available in 68 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,800 and maximum investment of ₹1,92,400.
- Small HNI (S-HNI): Minimum investment of ₹2,07,200.
- Big HSI (S-HNI): A minimum investment of ₹10,06,400 is required.
What is the HDB Financial IPO listing Date?
HDB Financial is a Mainboard IPO shares will be listed on July 2, 2025, on the BSE (Bombay Stock Exchange) & NSE (National Stock Exchange).
What are the objectives of the HDB Financial IPO Issue?
The proceeds raised from the fresh issue will be used to strengthen the Company’s Tier-I Capital to support future capital needs, including providing loans across its business areas like Enterprise Lending, Asset Finance, and Consumer Finance. Lastly, the remaining proceeds will be utilized for the company’s general corporate purposes.
About HDB Financial
HDB Financial Services, founded in 2007, is one of the leading diversified retail-focused non-banking financial companies (NBFCs) in India. The company’s portfolio consists of a wide range of lending products spanning 3 major areas, including Enterprise Lending, Asset Finance, and Consumer Finance, serving its services to salaried, self-employed customers, along with business owners and entrepreneurs. The company’s main aim is to offer financial services to low to middle-class families who do not have any credit history. HDB Financial is one of the largest firms to have growing customer franchises in India, serving 17.5 million customers with the goal to meet the requirements of each and every customer with a diverse range of products and fast-driven technology. As of now, the company has a network of 1,772 branches in 1,162 towns across 31 States and Union Territories across India.
HDB Financial IPO Financials
The company reported revenue of ₹16,300.28 crores in 2025 against ₹14,171.12 crores in 2024. The company reported a profit of ₹2,175.92 crores in 2025 against a profit of ₹2,460.84 crores in 2024.
HDB Financial IPO Promoters
HDFC Bank Limited is the promoter of the company.
Who are the HDB Financial IPO lead managers and registrar?
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 is the lead manager of HDB Financial, while MUFG Intime India Private Limited is the registrar of the company.
Should you apply or not for the HDB Financial IPO?
Deciding whether to apply or not for the HDB Financial Services IPO mainly relies on your investment strategy and risk goals. HDB Financial is one of the largest diversified retail-focused non-banking financial companies (“NBFCs”) in India, involved in offering a comprehensive range of loan products to a diversified customer base via omnichannel, both online and offline. This IPO will be open for subscription on June 25-27, 2025, with a price band of ₹700–₹740 per share. With the backing of HDFC Bank, the company is planning to boost its capital base and ensure future growth.
As of June 23, 2025, the GMP of HDB Financial is at ₹46, showcasing a potential gain of 6%, indicating cautious investor confidence. If we talk about the company’s financial performance, in FY25, the company generated a revenue of ₹16,300.28 crores. If we compare it to FY24, the revenue was ₹14,171.12 crores, showcasing a rise in revenue by 15.03%. Whereas, the (PAT) Profit After Tax grew by ₹11,727 crore, respectively. AUM and loan book grew at over 23% CAGR, and there has been notable profitability and operational scale.
So, now the question is, should you apply or not for the HDB Financial IPO? The incredible combination of solid financial and well-defined growth strategy in offering a wide range of loan products makes HDB Financial an attractive choice to invest in. However, we recommend always doing a good financial background check on the company you want to invest in, and investing in it at your own risk.
