HDB Financial Services Ltd IPO

HDB Financial Services Ltd IPO

Finance

mainboard

Pre-apply

Bidding period

25 Jun 2025 - 27 Jun 2025

Bid price

₹700.00 - ₹740.00

Listing on

BSE, NSE

Listing date

02 Jul 2025

Lot size

20 shares

Issue size

₹12,500.00 crore


Minimum investment

₹14,800.00 / 1 lot

Maximum investment

₹1,92,400.00 / 13 lot

Bidding closes in 5 days

INVEST IN IPO
INVEST IN IPO

HDB Financial Services Ltd IPO dates

IPO opening date

25 Jun 2025

IPO end date

27 Jun 2025

Allotment date

30 Jun 2025

Initiation of refunds

01 Jul 2025

Credit of shares to demat

01 Jul 2025

IPO listing date

02 Jul 2025

HDB Financial Services Ltd shareholder pattern

Pre-issue Post-issue
Promoter group 94.04 74.35
Public group 5.96 25.65

HDB Financial Services Ltd strengths and risks

Information currently unavailable

  • Highly granular retail loan book, bolstered by a large and rapidly growing customer base with a focus on serving the underbanked customer segments.

  • Large, diversified and seasoned product portfolio with a sustainable track record of diversification, growth and profitability through the cycles.

  • Tailored sourcing supported by an omni-channel and digitally powered pan-India distribution network.

  • Comprehensive systems and processes contributing to robust credit underwriting and strong collections.

  • Advanced technology tools driving enhanced customer experience and efficiency across each stage of the customer lifecycle.

  • High-quality liability franchise with access to low cost, diversified borrowing sources and the highest credit rating.

  • Track record of robust financial performance with sustainable and profitable growth.

  • Stable, highly experienced and professional management team supported by a talented workforce.

  • Distinguished parentage of HDFC Bank, India's largest private bank, enjoying strong trust and brand equity with consumers.

  • Our Promoter may be required to significantly reduce its ownership in our Company, i.e., to less than 20% (or any such higher percentage with prior RBI approval) on account of overlapping business with our Promoter and one of the members of our Promoter Group if the draft circular issued by the RBI on October 4, 2024 is implemented in its current form, which may have a material adverse impact on our business operations, financial position and share price.

  • Our Gross Stage 3 Loans amounted to 2.26% of Total Gross Loans as at March 31, 2025, which was an increase from 1.90% as at March 31, 2024. Non-payment or default by our customers, our inability to provide adequate provisioning coverage for non-performing assets or change in regulatorily mandated provisioning requirements may adversely affect our financial condition and results of operations.

  • As at March 31, 2025, unsecured loans comprised 26.99% of our Total Gross Loans, which is a decrease from 28.66% as at March 31, 2024. Our unsecured loan portfolio is not supported by any collateral that could help ensure repayment of the loan, and in the event of non-payment by a borrower of one of these loans, we may be unable to collect the unpaid balance.

  • As at March 31, 2025, secured loans comprised 73.01% of our Total Gross Loans. The value of collateral for our secured loans may decrease or we may experience delays in enforcing collateral, impacting our ability to fully recover the collateral value, thereby exposing us to potential loss that could adversely affect our business, results of operations, cash flows and financial condition

  • We may face asset-liability mismatches in the future, which may cause liquidity concerns and consequently affect our profitability, cash flows, business, results of operations and financial condition.

  • Our Company, Promoter and Directors are involved in certain legal proceedings, including actions taken and penalties imposed by relevant regulatory authorities, and any adverse outcomes in such proceedings may have a material adverse effect on our reputation, business, results of operations, cash flows and financial conditions.

  • We have incurred negative cash flows from operating, investing and financing activities in Fiscal 2023 and may continue to do so as we invest in further expanding our distribution network in India.

  • The Offer consists of an offer for sale, the proceeds of which will not be available to the Company.

  • We provide business process outsourcing ("BPO") services such as back office, sales support and collection services to our Promoter, HDFC Bank, and the profit before tax from BPO services was 2.44% of the total profit before tax of our Company as of March 31, 2025. Discontinuation of such services to HDFC Bank may adversely impact our business, results of operations and financial condition.

  • We rely on the parentage of our Promoter. However, the interests of the Promoter as our controlling shareholder may conflict with our interests or the interests of our other shareholders. Currently, our Company offers the same products as those offered by our Promoter and certain members of our Promoter Group, namely, HDFC Sales Private Limited and HDFC Securities Limited.

How to check the allotment status of the HDB Financial Services Ltd IPO?

To check the IPO allotment status, follow these steps:

 

  1. Visit the official website of the IPO’s registrar.
  2. Go to the IPO allotment status page.
  3. Select the ‘HDB Financial Services Ltd’ from the list of available IPOs.
  4. Enter your PAN, Demat ID, or application number.
  5. Click on ‘Submit’ or ‘Check Status’ to view your allotment details.

Alternatively, you can also check the allotment status on stock exchange websites such as the NSE or BSE.

To check the IPO allotment status, follow these steps:

 

  1. Visit the official website of the IPO’s registrar.
  2. Go to the IPO allotment status page.
  3. Select the ‘HDB Financial Services Ltd’ from the list of available IPOs.
  4. Enter your PAN, Demat ID, or application number.
  5. Click on ‘Submit’ or ‘Check Status’ to view your allotment details.

Alternatively, you can also check the allotment status on stock exchange websites such as the NSE or BSE.

Read more Read less

HDB Financial Services Ltd IPO registrar

MUFG Intime India Pvt Ltd

Phone number +91 810 811 4949
E-mail ID hdbfinancial.ipo@linkintime.co.in
Website www.linkintime.co.in

HDB Financial Services Ltd IPO reservation

QIB shares offered

0 (0.0%)

NII (HNI) shares offered

0 (0.0%)

Retail shares offered

0 (0.0%)

Anchor investor shares offered

0 (0.0%)

Total shares offered

0

Total shares with anchor investor

0

HDB Financial Services Ltd IPO lead manager

  • JM Financial Ltd
  • BNP Paribas
  • BofA Securities India Ltd
  • Goldman Sachs (India) Securities Pvt Ltd
  • HSBC Securities & Capital Markets (India) Pvt Ltd
  • IIFL Securities Ltd
  • Jefferies India Pvt Ltd
  • Morgan Stanley India Company Pvt Ltd
  • Motilal Oswal Investment Advisors Ltd
  • Nomura Financial Advisors and Securities (India)
  • Nuvama Wealth Management Ltd
  • UBS Securities India Pvt Ltd

Explore other IPOs

How to apply for an IPO with Bajaj Broking?

adafafds
 
 
  • Log in to the Bajaj Broking trading platform and select ‘IPO’ from the menu.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen IPO.
  • Enter the quantity and your UPI ID.
  • Submit your application—and you're done!

Frequently asked questions

What is the listing date for the HDB Financial Services Ltd IPO?

The listing date for the HDB Financial Services Ltd IPO is 02 Jul 2025.

What is the issue size of HDB Financial Services Ltd IPO?

The issue size of the HDB Financial Services Ltd IPO is ₹12,500.00 cr.

What is the minimum lot size needed for HDB Financial Services Ltd IPO?

The minimum lot size for HDB Financial Services Ltd IPO is 20

When does the HDB Financial Services Ltd open and close?

HDB Financial Services Ltd IPO is open from 25 Jun 2025 to 27 Jun 2025.

How can I apply for the HDB Financial Services Ltd IPO?

To apply for the HDB Financial Services Ltd, follow the steps given below:

  • Log in to your Bajaj Broking trading account and navigate to the current IPOs section.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen PO.
  • Enter the quantity and your UPI ID. You will receive a mandate notification to block funds in your UPI app.
SHOW MORE SHOW LESS

Disclaimer

*Disclaimer for Bajaj Finance Limited (‘BFL’):

Stock trading business is carried by Bajaj Financial Securities Limited ("BFSL"), a broker and Depository Participant registered with Securities Exchange Board of India and offers various products/services related to Securities market (Securities market products/services). BFL merely facilitates display of data shared by BFSL on its webpage/mobile application. Such data received from BFSL, or any of its service providers is on “as is” basis. BFL does not make any representation or warranty, express or implied, regarding accuracy, completeness of such data displayed herein.

When you opt to avail the Securities market products/services of BFSL by clicking on the BFSL weblink/mobile app, you will be redirected to BFSL's web page/mobile app for initiation and completion of the transaction. You are supposed to exercise independent diligence by reading all the related documents carefully before deciding to invest in Securities market Products/services.

BFL is a Non-Banking Financial Company carrying the business of acceptance of deposits and providing lending solutions to Retail and Corporate customers. BFL does not offer nor advice on Securities market products/services and shall not be liable or responsible for any of your investment decision."

**Disclaimer: For Bajaj Financial Securities Limited

Investments in securities market are subject to market risk, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. All leveraged intraday positions will be squared off the same day. There is no restriction on withdrawal of unutilised margin amount. Trade Recommendations are research-calls provided under the SEBI Research Analyst guidelines.
Visit https://www.bajajbroking.in/disclaimer for complete disclaimer.

Securities market Products/services are made available only at the discretion of BFSL and subject to the individual contractual terms and conditions of the respective Securities market products/services. You shall be the sole owner of any decision to invest in any BFSL's Securities market products/services.

Securities market products/services may be withdrawn or amended at any time by BFSL without notice and your recourse in such case would be directly to reach out BFSL at connect@bajajfinserv.in or 1800 833 8888.

Powered by Bajaj Financial Securities Limited (Bajaj Broking)