HDB Financial Services Ltd.
IPO Update
About The Company
Established in 2007, HDB Financial Services Ltd has grown into one of India’s leading retail-focused non-banking financial companies, with a diversified loan book of over Rs 1 trillion as of March 2025. It operates across three key verticals—Enterprise Lending, Asset Finance and Consumer Finance—serving nearly 20 million customers, primarily from underserved and underbanked segments. Its offerings span business loans for MSMEs, vehicle and equipment finance, and consumer loans for products ranging from durables to two-wheelers. With over 1,700 branches, strong digital capabilities, and a hybrid credit model, the company combines deep market reach with tech-enabled efficiency to meet India’s varied credit needs at scale.
1) IPO Dates: The IPO opens for subscription on June 25, 2025, and closes on June 27, 2025.
2) Price Band: The price band for the IPO is set between ₹700 and ₹740 per share.
3) Issue Size: The IPO consists of a fresh issue of 3.38 crore shares aggregating to ₹2,500 crores and an offer for sale of 13.51 crore shares aggregating to ₹10,000 crores.
4) Application Process: You can apply for the IPO through Internet banking ASBA or online through your stock broker using UPI.
5) This is subsidiary of HDFC Bank
6) Stock on radar -