HDB Financial Services IPO Allotment Status: Check Latest GMP, Steps to Verify Status
The bidding window for HDB Financial Services IPO closed on June 27, 2025. The allotment process is expected to be finalised today, on June 30, 2025, with the company's shares set to be listed on both the BSE and NSE tentatively on Wednesday, July 3, 2025.
Steps to Check HDB Financial Services IPO Allotment Status on NSE
Here is the process to check HDB Financial Services IPO Allotment Status on NSE:
- Open the Application Status page of NSE here.
- Choose 'Equity & SME IPO bid details'.
- Select 'HDB Financial Services' from the list of companies.
- Enter your IPO application number and PAN details.
- Click on the submit button to check the details of the share allotment.
Steps to Check HDB Financial Services IPO Allotment Status on BSE
Here is the process to check HDB Financial Services IPO Allotment Status on BSE
- Open the Application Status page of BSE here.
- Choose 'equity' as the issue type.
- Select 'HDB Financial Services’ from the list of companies.
- Enter your IPO application number and PAN details.
- Verify the captcha by clicking on the 'I am not a Robot' box.
- Click on the submit button to check the details of the share allotment.
HDB Financial Services IPO Details
HDB Financial Services IPO is a book-building issue of ₹12,500 crores, consisting of a fresh issue of ₹2,500 crores and an offer for sale (OFS) component of ₹10,000 crores. The company has set the price band between ₹700 and ₹740 per share.
- Book-running lead managers: JM Financial Limited, BNP Paribas, Bofa Securities India Limited, Goldman Sachs (India) Securities Private Limited, HSBC Securities & Capital Markets Pvt Ltd, IIFL Capital Services Limited, Jefferies India Private Limited, Morgan Stanley India Company Pvt Ltd, Motilal Oswal Investment Advisors Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd, Nuvama Wealth Management Limited, UBS Securities India Private Limited.
- Registrar: MUFG Intime India Private Limited (Link Intime).
- Listing: The shares are proposed to be listed on the NSE and the BSE.
HDB Financial Services IPO Day 3 Subscription Status
(June 27, 2025, end of the day)
On Day 3, the HDB Financial Services IPO saw a subscription rate of 17.65 times. The public issue subscribed 1.51 times in the retail category, 58.64 times in QIB, and 10.55 times in the NII category.
Utilisation of IPO Proceeds
The net proceeds from the fresh issue will be used to -
- Augment the company’s Tier–I Capital Base to meet future capital requirements and support its expansion initiatives.
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HDB Financial Services IPO GMP Details
As of 30 June 2025, HDB Financial Services' IPO GMP stood at ₹57. The expected listing price is ₹797, i.e., a 7.7% gain per share over the upper price band.
Source: Livemint Media Report dated 27 June 2025
Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market.
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HDB Financial Services Business Overview
HDB Financial Services is an NBFC that offers secured and unsecured loans to MSMEs, secured loans for new and used commercial vehicles, secured and unsecured loans for the purchase of two-wheelers, automobiles and other unsecured personal loans, and business process outsourcing (“BPO”) services.
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