Open Date
25 Jun 2025
Close Date
27 Jun 2025
Listing Date
02 Jul 2025
Price Range
₹700.0 to ₹740.0
IPO Size
₹12500.00 Cr
Exchange Symbols
HDB Financial Services Ltd
HDB Financial Services Ltd
₹14,000
/ 20 shares
Cutoff - Lot Size
HDB Financial Services Ltd
HDB Financial Services Ltd
₹14,000
/ 20 shares
Cutoff - Lot Size
HDB FINANC SER IPO Details
Open Date
25 Jun 2025
Close Date
27 Jun 2025
Listing Date
02 Jul 2025
Price Range
₹700.0 to ₹740.0
IPO Size
₹12500.00 Cr
Exchange Symbols
NSE - N/A, BSE - N/A
HDB FINANC SER IPO Dates and Timelines
HDB FINANC SER IPO Size and Allocation Details
HDB FINANC SER Risks and Strengths
Strength
Risks
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.
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.About HDB FINANC SER
We are the seventh largest leading, diversified retail-focused non-banking financial company ("NBFC") in India in terms of the size of Total Gross Loan book, at Rs. 902.2 billion as at March 31, 2024, amongst our NBFC peers according to the CRISIL Report. Our Company is categorized as an Upper Layer NBFC ("NBFC-UL") by the RBI pursuant to a certificate of registration (N.01.00477) dated December 31, 2007 and is registered with the IRDAI as a corporate agent (composite) pursuant to a certificate of renewal registration dated March 10, 2025 bearing registration number CA0095. The Upper Layer comprises of NBFCs that are specifically identified by the RBI as warranting enhanced regulatory requirement based on a set of parameters and scoring methodology, as mentioned by the RBI from time to time. Further, the top ten eligible NBFCs in terms of their asset size shall always reside in the upper layer, irrespective of any other factor. For further details, see "Key Regulations and Policies - 1. Key Regulations Applicable to our Company - Master Direction - Reserve Bank of India (Non-Banking Financial Company - Scale Based Regulation) Directions, 2023 dated October 19, 2023 ("NBFC Scale Based Regulations")" on page 275. We offer lending products through our three business verticals: Enterprise Lending, Asset Finance and Consumer Finance. We also offer business process outsourcing services such as back-office support services, collection and sales support services to our Promoter as well as fee-based products such as distribution of insurance products primarily to our lending customers. The table below sets forth the loan book for each of our three verticals and the top three products under each of such verticals as at March 31, 2025.
| Company Name | HDB Financial Services Ltd |
| Headquarter | Navrangpura |
| investorcommunications@hdbfs.com | |
| Website | www.hdbfs.com |
HDB FINANC SER Financials
HDB FINANC SER Peers
HDB Financial Services Limited
Bajaj Finance Limited
Sundaram Finance Limited
L&T Finance Limited
Mahindra & Mahindra Financial Services Limited
Cholamandalam Investment & Finance Company Limited
Shriram Finance Limited
HDB FINANC SER IPO Registrar
MUFG Intime India Pvt Ltd
| Phone Number | 91-22-49186000 |
| Email ID | paytm.ipo@linkintime.co.in |
| Website | www.linkintime.co.in |
HDB FINANC SER Synopsis
HDB Financial Services Ltd
Initial public offer of up to [*] equity shares of face value of Rs.10 each ("equity shares") of hdb financial services limited ("company") for cash at a price of Rs.[*] per equity share of face value of Rs.10 each (including a share premium of Rs.[*] per equity share) ("offer price") aggregating up to Rs.12500.0 crores ("the offer") comprising a fresh issue of up to [*] equity shares of face value of Rs.10 each aggregating up to Rs.2500.0 crores by the company ("fresh issue") and an offer for sale of up to [*] equity shares of face value of Rs.10 each aggregating up to Rs. 10000.0 crores by HDFC Bank Limited ("promoter selling shareholder", and such equity shares, the "offered shares") ("offer for sale", and together with the fresh issue, the "offer"). The offer includes a reservation of up to [*] equity shares of face value of Rs.10 each (constituting up to [*]% of the post-offer paid-up equity share capital of the company) aggregating up to Rs. 20 crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion") and a reservation of up to [*] equity shares of face value of Rs.10 each (constituting up to [*]% of the post-issue paid-up equity share capital) aggregating up to Rs. 1250 crores for subscription by eligible HDFC Bank shareholders ("HDFC Bank shareholder reservation portion"). The offer less the employee reservation portion and HDFC Bank shareholder reservation portion is hereinafter referred to as the "net offer". The offer and the net offer will constitute [*]% and [*]% of the post-offer paid-up equity share capital, respectively. Price band: Rs. 700/- to Rs. 740- per equity share of face value Rs. 10/- each. The floor price is 70 times of the face value and the cap price is 74 times of the face value of the equity shares. Bids can be made for a minimum of 20 equity shares and in multiples of 20 equity shares thereafter.
Address: Radhika 2nd Floor, Law Garden Road, Navrangpura, Gujarat, 380009
Phone: +91-22 4911 6350
Email: investorcommunications@hdbfs.com
Website: www.hdbfs.com
Open Date: -
Close Date: -
Issue Price: ₹
FAQ’s
What is the open date of IPO?
- The opening date of IPO is 25 Jun 2025.
What is the close date of IPO?
- The closing date of IPO is 27 Jun 2025.
What is the issue size of IPO?
- The issue size of IPO is Rs 12500 Cr.
What is the lot size of IPO?
- The size per lot of IPO is 20.0.
How to apply for IPO?
- To apply for IPO:
- Navigate to the IPO section of mobile app/website
- Click on Current IPO
- Click on IPO
- Enter Lot Quantity
- Enter Valid UPI ID
- Click on apply
- Your application will be processed once the transaction is completed successfully.
What is the allotment date of IPO?
- The Allotment Date of IPO is 30 Jun 2025.
What is the listing date of IPO?
- IPO will get listed on 02 Jul 2025.
Who is the registrar of IPO?
- The registrar of IPO is MUFG Intime India Pvt Ltd.
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