HDB Financial Services, backed by HDFC Bank, is all set to roll out its ₹12,500 crore IPO from 25th June to 27th June. The price band has been fixed at ₹700 to ₹740 per share, and with a lot size of 20 shares, the minimum investment comes to ₹14,800.
The offering includes a fresh issue of ₹2,500 crore and an offer-for-sale of ₹10,000 crore by HDFC Bank. The funds raised will help boost HDB’s Tier-I capital and support future lending growth in areas like enterprise, asset, and consumer finance.
A leading retail-focused NBFC, HDB Financial operates 1,772 branches across 31 states and UTs. The company holds a loan book worth ₹1,068.8 billion and has delivered a 23.5% CAGR in gross loans and a 5.38% CAGR in profits over the past two years.
The IPO is already creating excitement in the grey market, with a premium (GMP) of ₹80, hinting at a listing price near ₹820. Analysts see strong potential thanks to the company’s strong brand, reliable parent, and solid financial track record.
Listing is expected on 2nd July. For investors eyeing long-term value, this could be a golden opportunity.
