Logo
Mainboard
All
Logo
  • Home
  • IPO GMP
  • IPO Subscription
  • IPO Allotment
  • More▾
    • Upcoming IPOs with Shareholder Quota
    • IPO Under Pipeline
    • IPO Blogs & News
    • IPO FAQ
    • Disclaimer
    • Privacy Policy
    • About Us
Log In / Register
  • Home
  • IPO ▾
    • Current IPOs
    • Upcoming IPOs
    • Closed/Listed IPOs
    • IPO Grey Market
    • IPO Performance Tracker
  • IPO GMP
  • IPO Subscription
  • IPO Allotment
  • More ▾
    • Upcoming IPOs with Shareholder Quota
    • IPO Under Pipeline
    • IPO Blogs & News
    • IPO FAQ
    • Disclaimer
    • Privacy Policy
    • About Us
  • Log In / Register

Think IPO, Think IPO Rupee

IPO Services

  • Current IPOs
  • Upcoming IPOs
  • Closed/Listed IPOs
  • IPO Grey Market

IPO Tools

  • IPO GMP
  • IPO Subscription
  • Performance Tracker
  • IPO Allotment
  • Shareholder Quota

Resources

  • IPO Blogs & News
  • IPO FAQ
  • Disclaimer

Company

  • Home
  • About Us
  • Privacy Policy
  • Login / Register

Contact Information

Support@iporupee.com
Iporupee@gmail.com

© 2026 IPO Rupee. All rights reserved.

IPO Details

IPO Logo
IPO Logo
HDB Financial Services Ltd
MainboardListed
Open:Wed, 25 Jun 2025
Close:Fri, 27 Jun 2025
Lot Size:20 Shares
Price Band:₹ 700 - ₹ 740
Listing:NSE, BSE
Fresh Issue:2500.00 Cr
OFS:10000.00 Cr
Total IPO Size:12500.00 Cr
QIB : 50%
Retail : 35%
Total HNI : 15%

IPO Timeline


EventDate
Open Date25-06-2025 , Wednesday
Close Date27-06-2025 , Friday
Tentative Allotment30-06-2025 , Monday
Tentative Listing Date02-07-2025 , Wednesday
Retail Appl. Cut Off Time27-06-2025 , Friday 05:00 PM
Non Retail Appl. Cut Off Time27-06-2025 , Friday 04:00 PM
Anchor Allotment24-06-2025 , Tuesday
Initiation Of Refund01-07-2025 , Tuesday
Credit Of Share To Demat01-07-2025 , Tuesday

Subscription Data


Subscription Data

CategorySize
(In Cr)
Subscribed
(In Cr)
No of Times
(x)
QIB2,246.001,31,696.5058.64
bNII (Above 10L)1,123.0013,969.2412.44
sNII (2L to 10L)561.503,811.986.79
NII Total1,684.5017,781.2210.56
Retail3,930.505,857.781.49
Employee20.00120.886.04
Shareholder1,250.005,624.324.50
Total9,131.001,61,080.7017.64

IPO Structure


CategoryPercentageNo. of Shares OfferedAmount
QIB
50.00 %
7,58,78,378
5,615.00 Cr
Retail
35.00 %
5,31,14,865
3,930.50 Cr
Total HNI
15.00 %
2,27,63,514
1,684.50 Cr
SHNI
5.00 %
75,87,838
561.50 Cr
BHNI
10.00 %
1,51,75,676
1,123.00 Cr
Employee
0.00 %
2,70,270
20.00 Cr
Shareholder
0.00 %
1,68,91,891
1,250.00 Cr

Lot Size Details


ApplicationDiscountQty (Lot)Total
Retail MIN
-
20 (1)
₹ 14,800
Retail MAX
-
260 (13)
₹ 1,92,400
SHNI MIN
-
280 (14)
₹ 2,07,200
SHNI MAX
-
1340 (67)
₹ 9,91,600
BHNI MIN
-
1360 (68)
₹ 10,06,400
Employee MIN
-
20 (1)
₹ 14,800
Employee MAX
-
260 (13)
₹ 1,92,400
Shareholder MIN
-
20 (1)
₹ 14,800
Shareholder MAX
-
660 (33)
₹ 4,88,400

Objectives


ObjectiveNo Of SharesAmount
Fresh Issue
-
2,500.00 Cr
Offer for Sale
-
10,000.00 Cr

IPO Blogs & News


#TitlePublished Date
1HDB Financial Services launches ₹12,500 crore IPO as regulatory issues persist23-06-2025 , Monday

Contact Details


IPO Contact Details
Registered Office
Radhika, 2nd Floor, Law Garden Road, Navrangpura, Ahmedabad –380 009, Gujarat, India
Corporate Office
HDB House, Tukaram Sandam Marg, A-Subhash Road, Vile Parle (East), Mumbai - 400 057, Maharashtra, India
Contact Person
Dipti Jayesh Khandelwa - Company Secretary and Compliance Officer
Telephone
+91 22 4911 6350
Email
investorcommunications@hdbfs.com
Website
www.hdbfs.com
Registrar to Issue Details
Registrar Name
MUFG Intime India Private Limited
Contact Person
Shanti Gopalkrishnan
Telephone
+91 810 811 4949
Email
hdbfinancial.ipo@linkintime.co.in
Website
www.in.mpms.mufg.com

Lead Managers

NameContact PersonTelephoneEmailWebsite
JM Financial Limited
Prachee Dhuri
+91 22 6630 3030 / 3262
hdbfs.ipo@jmfl.com
www.jmfl.com
BNP Paribas
Abhirav Patodia
+91 22 3370 4000
DL.HDBFS.IPO@bnpparibas.com
www.bnpparibas.co.in
BofA Securities India Limited
Sahil H. Jain
+91 22 6632 8000
dg.hdb_financial_services_ipo@bofa.com
www.ml-india.com
Goldman Sachs (India) Securities Pvt
Ltd
S Saurav
+91 22 6616 9000
hdbipo@gs.com
www.goldmansachs.com
HSBC Securities and Capital Markets
(India) Pvt Ltd
Harsh Thakkar / Harshit Tayal
+91 22 6864 1289
hdbfsipo@hsbc.co.in
www.business.hsbc.co.in
IIFL Capital Services Limited
Dhruv Bhavsar / Pawan Kumar Jain
+91 22 4646 4728
hdbfs.ipo@iiflcap.com
www.iiflcap.com
Jefferies India Private Limited
Suhani Bhareja
+91 22 4356 6000
HDB.FinancialServices.IPO@jefferies.com
www.jefferies.com
Morgan Stanley India Company Pvt Ltd
Rahil Shah
+91 22 6118 1000
hdb_ipo@morganstanley.com
www.morganstanley.com/india
Motilal Oswal Investment Advisors
Limited
Ronak Shah
+91 22 7193 4380
hdb.ipo@motilaloswal.com
www.motilaloswalgroup.com
Nomura Financial Advisory and
Securities (India) Pvt Ltd
Vishal Kanjani / Pradeep Tewani
+91 22 4037 4037
hdbfsipo@nomura.com
www.nomuraholdings.com/company/group/asia/india/index.html
Nuvama Wealth Management Limited
Pari Vaya
+91 22 4009 4400
hdbfs.ipo@nuvama.com
www.nuvama.com
UBS Securities India Private Limited
Abhishek Joshi
+91 22 6155 6000
ol-hdbfsipo@ubs.com
www.ubs.com/indiaoffers