HDB Financial Services IPO Day 2: Check GMP, Subscription Status & Key Highlights
Today is Day 02 of the HDB Financial Services IPO, which opened yesterday, 24 June 2025. The bidding window is scheduled to close on June 26, 2025.
HDB Financial Services IPO: Issue Details
HDB Financial Services IPO is a book-building issue of ₹12,500.00 crores, consisting of a fresh issue of ₹2,500 crores and an offer for sale (OFS) of ₹10,000 crores worth of shares from HDFC Bank.
The price band is set between ₹700 and ₹740 per share. The basis of allotment will be out on June 30, 2025, and the tentative listing date on BSE and NSE is July 2, 2025.
The book-running lead managers for the IPO are 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, while MUFG Intime India Private Limited (Link Intime) is the registrar for the issue.
HDB Financial Services IPO Day 2 Subscription Status
[26-June-2025 5:00:00 PM]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers(QIBs) |
0.90 |
|
Non-Institutional Investors |
2.27 |
|
Retail Individual Investors(RIIs) |
0.64 |
|
Employees |
2.96 |
|
Shareholders |
1.67 |
|
Total |
1.15 |
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HDB Financial Services IPO Day 1 Subscription Status
[24-June-2025 5:00:00 PM]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers(QIBs) |
Nil |
|
Non-Institutional Investors |
0.10 |
|
Retail Individual Investors(RIIs) |
0.33 |
|
Employees |
0.18 |
|
Total |
0.09 |
Read More : HDB Financial Services IPO Day 1 Subscription Status
Utilisation of IPO Proceeds
The net proceeds from the fresh issue will be used to
- Repay/prepaycompany’s outstanding borrowings
- General corporate purposes
HDB Financial Services IPO GMP Details
As of 26 June 2025, HDB Financial Services's IPO's GMP stood at ₹50.5. The expected listing gain is ₹790.5, i.e., a 6.82% gain per share over the upper price band.
Source: Business Standard Report dated 26 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 a leading Non-Banking Financial Company (NBFC) that offers different types of loans, including secured and unsecured loans to MSMEs, secured loans for new and used commercial vehicles, secured and unsecured loans for purchase of two-wheelers, automobiles and other unsecured personal loans, and business process outsourcing (“BPO”) services.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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