HDB Financial Services IPO

ndia's largest private bank, HDFC Bank's subsidiary, HDB Financial Services, completed its anchor round on Tuesday, 24 June 2025. According to an exchange filing, the non-banking financial company (NBFC) raised ₹3,369 crore from anchor investors ahead of the public issue. According to the BSE filing, HDB Financial Services allotted a total of 4,55,27,026 or over 4.55 crore equity shares to the anchor investors at an allocation price of ₹740 per share with a face value of ₹10 apiece. BlackRock, Government Pension Fund Global, Goldman Sachs, Life Insurance Corp. of India (LIC), ICICI Prudential Mutual Fund, SBI Mutual Fund, Nippon India, Kotak Mutual Fund, Axis Mutual Fund, Fidelity Investments, Abu Dhabi Investment Authority, and HSBC are among the top anchor investors who participated in the anchor round of the HDB Financial Services IPO. Source - MINT