HDB Financial IPO allotment: How to check status online on MUFG Intime India, BSE, NSE; check listing date

HDB Financial IPO allotment status is expected to be finalised on Monday, June 30, and the bid finalisation details will be available on the websites of the NSE, the BSE and the registrar, MUFG Intime India.

During the three-day bidding window, the initial share sale received 16.69 times the subscription with robust participation from institutional investors. It secured bids for 2,17,67,62,140 equity shares compared to 13,04,42,855 shares on offer.

The part reserved for qualified institutional buyers (QIBs) fetched 55.47 times the subscription, while the non-institutional investors' portion got subscribed 9.99 times. The retail investors portion was booked 1.41 times.

Before the IPO, HDB Financial Services, a subsidiary of HDFC Bank, mobilised ₹3,369 crore from anchor investors.

The ₹12,500 crore public issue is a fresh issuance of shares worth ₹2,500 crore and an offer for sale of ₹10,000 crore by HDFC Bank. The price range was fixed at ₹700-₹740 per share, and the application size was 20 shares.

The money raised will be used for strengthening the NBFC's Tier-I capital base. "In addition, our company expects to receive the benefits of the listing of the equity shares on the stock exchanges, including enhancement of our company’s brand name and creation of a public market for our equity shares in India," the firm said in its RHP.

HDB Financial Services IPO allotment status online on MUFG Intime India: Step-by-step guide

• Head to the allotment page of MUFG Intime at https://in.mpms.mufg.com/Initial_Offer/public-issues.html
• Pick 'HDB Financial Services Ltd' from the 'Select Company' option
• Fill in any one: PAN, account no/IFSC, DP/Client ID or application number
• Click on submit

Steps to check HDB Financial Services IPO allotment status online on NSE

• Go to NSE's portal: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Click on 'Equity & SME IPO bid details'
• Select HDB Financial Services Ltd, under the 'HBDFS' symbol
• Enter your IPO application number and PAN card details
• Press the 'Submit' button

How to check HDB Financial Services IPO allotment status online on BSE

• Visit BSE's bid verification URL: https://bseindia.com/investors/appli_check.aspx
• Keep 'Equity' as the issue type
• From the IPO names, select 'HDB Financial Services Ltd'
• Enter either your IPO application number or PAN card details
• Click on search

HDB Financial Services IPO listing date and time

Shares of HDB Financial Services will be listed on the National Stock Exchange (NSE) and the BSE on Wednesday, July 2, at 10 am.

HSBC Securities and Capital Markets (India) Pvt Ltd, BNP Paribas, Goldman Sachs (India) Securities, JM Financial, IIFL Capital Services, Jefferies India, BofA Securities India, Morgan Stanley India Company, Nomura Financial Advisory and Securities (India) Pvt Ltd, Motilal Oswal Investment Advisors, UBS Securities India, and Nuvama Wealth Management are the IPO's book-running lead managers.

HDB Financial Services IPO GMP