HDB Financial Services IPO Day 3: Check GMP, Subscription Status & Key Highlights

27 June 2025
2 min read
HDB Financial Services IPO Day 3: Check GMP, Subscription Status & Key Highlights
whatsapp
facebook
twitter
linkedin
telegram
copyToClipboard

The 12,500.00 crore HDB Financial Services IPO opened on June 24, 2025, and is scheduled to close today, 26 June 2025. 

HDB Financial Services IPO: Issue Details

  • Issue Size: 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) component of ₹10,000 crores
  • Price Band: 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 Details

[27-June-2025 10:27:00 AM]

Investor Category

Subscription (Times)

Qualified Institutional Buyers(QIBs)

0.91

Non-Institutional Investors

3.87

Retail Individual Investors(RIIs)

0.76

Employees

3.18

Shareholders

2.15

Total

1.57

Read More : HDB Financial Services IPO Day 1 Subscription StatusHDB Financial Services IPO Day 2 Subscription Status

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. 

Click here to explore other Upcoming IPOs

HDB Financial Services IPO GMP Details

As of 27 June 2025, HDB Financial Services IPO's GMP stood at ₹60. The expected listing price is ₹800, i.e., a 8.11% gain per share over the upper price band. 

Source:  Business Standard 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.

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.

 

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

To read the RA disclaimer, please click here

Do you like this edition?