IPO Detail
HDB Financial Services Limited
MAINBOARDNot investment advice. Read RHP before applying.
Overview
About the Company
HDB Financial Services Limited is one of India's largest NBFCs, a subsidiary of HDFC Bank Limited. The company provides two-wheeler loans, personal loans, gold loans, business loans, and secured asset-backed lending through its extensive distribution network.
New to IPO analysis? You may review our structured guides on how IPO allotment works and IPO subscription meaning to better understand demand and allocation mechanics.
Issue
IPO Issue Details
Issue Price
₹700 – ₹740
Face Value
₹10
Issue Size
12500.0
Fresh Issue
2500.0
Listing At
—
Lead Manager
Kotak Mahindra Capital Company Limited, Axis Capital Limited, BofA Securities India Limited, Citigroup Global Markets India Private Limited, Goldman Sachs (India) Securities Private Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, JM Financial Limited
Registrar
KFin Technologies Limited
Lot Size
20
For category-wise quota breakdown such as QIB, HNI, and Retail allocation, refer to our IPO quota structure explanation.
Milestones
Timeline
If you are tracking GMP alongside subscription demand, see our grey market premium guide for a structured comparison framework.
Subscription
Live Subscription Details
Subscription Progress
Subscription data sourced from exchange updates. Values represent times subscribed (x).
Learn how subscription categories are allocated by reading our guide on QIB, HNI and Retail IPO quota structure.
If you are tracking GMP alongside subscription demand, see our grey market premium guide for a structured comparison framework.
Allotment Probability Calculator
SEBI-compliant allotment prediction based on live subscription data.
Chance of Allotment
69.0%
The Retail category is oversubscribed by 1.45x. Under SEBI rules, allotment is done via a draw of lots (lottery). Every successful applicant gets a maximum of 1 lot, regardless of how many lots they applied for.
GMP (Grey Market Premium)
GMP Overview
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Updated —
Issue price comparison unavailable
GMP is unofficial and indicative only. It does not guarantee listing price or returns.
GMP is unofficial and indicative. To understand interpretation logic and limitations, read our IPO Grey Market Guide or begin with what IPO GMP means.
Trend
GMP Trend
No GMP data yet. Updates will appear once available.
Investment
Market Lot Details
Investors can bid in multiples of the lot size. Final investment depends on the cutoff price.
Allocation
Reservation Details
QIB
50%
NII
15%
RII
35%
Employee
—
Issue Summary
Objectives of Issue
Fresh issue for augmenting capital base; OFS by HDFC Bank Limited.
Financials
Key Financial Metrics
EPS Pre IPO
—
EPS Post IPO
—
P/E Pre
—
P/E Post
—
ROCE
—
Debt / Equity
—
PAT Margin
—
Market Cap
—
Financial figures sourced from official offer documents. Always verify with the RHP.
Ownership
Promoter Holdings
Pre Issue
95%
Post Issue
74%
Contacts
Company & Registrar Details
Company Address: Radhika, 2nd Floor, Law Garden Road, Navrangpura, Ahmedabad, Gujarat 380009
Phone: —
Email: —
Website: https://www.hdbfs.com
Registrar: KFin Technologies Limited
Registrar Phone: +91-40-6716-2222
Registrar Email: —
Registrar Website: https://ris.kfintech.com
Documents
Important Links
DRHP
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RHP
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Allotment Status
—
Performance
Listing Performance
Listing Exchange
NSE, BSE
Listing Price
₹835
Listing Gain
12.84%
Application
How to Apply
UPI Method (ASBA)
Log in to your broker's app or net banking, navigate to the IPO section, select this IPO, enter lot quantity, and authorise via UPI mandate. Funds are blocked, not debited, until allotment.
ASBA via Net Banking
Log in to your bank's net banking portal, go to the IPO / ASBA section, fill in the bid details, and submit. Your bank will block the required amount automatically.
Allotment & Refund
Allotment status is typically available within 6 days of the IPO close date. Refunds for unallotted bids are credited within 2 working days post allotment.
You may also review the complete IPO allotment process explanation to understand lottery mechanics and refund timelines.
Qualitative Factors
Strengths & Risks
Company Strengths
HDFC Bank parentage; large and diversified NBFC; strong distribution through HDFC Bank branches; quality loan book.
Company Risks
NBFC regulatory changes; competition from digital lenders; gold price risk for gold loan portfolio.
Legal Disclaimer
Information is sourced from publicly available exchange filings and company offer documents. GMP is unofficial and indicative. IPOCraft does not provide investment advice.
Research Before You Apply