The HDB Financial IPO minimum market lot is 20 shares with ₹14,800 application amount. The HDB Financial IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
HDB Financial IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.01 | 0.93 | 43.57 |
| NII | 0.81 | 2.43 | 9.99 |
| bNII | 0.83 | 2.54 | 11.88 |
| sNII | 0.74 | 2.09 | 6.21 |
| RII | 0.33 | 0.69 | 1.35 |
| Total | 0.40 | 1.23 | 13.73 |
HDB Financial IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
HDB Financial IPO Review and Rating
- May Apply For Long-term View
- 3
HDB Financial IPO Form
How to apply for the HDB Financial IPO? You can apply for HDB Financial IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the HDB Financial IPO in the Invest section. The other option is you can apply for HDB Financial IPO via IPO forms downloaded online. Check out the HDB Financial forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
