, this mega IPO is creating serious buzz in the markets!
📅 IPO Window: June 25–27
💰 Issue Size: ₹12,500 crore
(₹2,500 cr fresh + ₹10,000 cr Offer for Sale)
💸 Price Band: ₹700–740
🏦 Parent Stake: HDFC Bank to reduce from ~94% to ~74%
🔥 Key Highlights:
1️⃣ Anchor Investor Strength
Raised ₹3,369 crore from top global names like BlackRock, LIC, and Norway’s sovereign fund — all at the upper end of the price band.
2️⃣ Grey Market Premium: ~₹74–75
That’s a ~10% expected listing gain — signaling strong investor sentiment before listing day.
3️⃣ Solid Financials
• Loan Book: ₹1.06 lakh crore
• FY25 Profit: ₹2,176 crore
• GNPA: 2.49% | NNPA: 1.38%
A healthy retail-focused NBFC with low NPAs and strong earnings momentum.
4️⃣ IPO Buzz of the Year
One of 2025’s biggest IPOs so far. Analysts are optimistic, and market sentiment is strong — the big question: can HDB break the "mega IPO underperformance" trend?
✅ What You Need to Know:
📊 Investor Quotas:
~31% Retail | ~45% QIB | Remaining for HNIs
📌 Timeline:
• Allotment: June 30
• Refunds: July 1
• Listing: July 2 (expected on BSE/NSE)
📲 Final Take:
This IPO has strong institutional backing, robust financials, and HDFC’s brand behind it. But as always, weigh the hype against long-term fundamentals.