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  5. HDB Financial IPO subscribed over 16 times on final day; here's how to check allotment online

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HDB Financial IPO subscribed over 16 times on final day; here's how to check allotment online

Upstox
By Upstox News Desk

3 min read | Updated on June 27, 2025, 17:57 IST

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SUMMARY

HDB Financial IPO seeks to raise ₹12,500 crore, which includes a fresh issuance of shares valued at ₹2,500 crore and an offer for sale of ₹10,000 crore by promoter HDFC Bank.

HDB Financial Services IPO price band is fixed at ₹700 to ₹740 per share, and an application size is 20 shares.

HDB Financial Services IPO price band is fixed at ₹700 to ₹740 per share, and an application size is 20 shares.

HDB Financial Services IPO has been subscribed 16.69 times on the last and final day of bidding on Friday, June 27.

It secured 2,17,68,60,98 bids against 13,04,42,855 shares on offer, according to data on NSE until 5 pm.

CategoryNo. of Shares OfferedN. of Shares Bid ForTimes Subscribed
Qualified Institutional Buyers (QIBs)3,20,85,7131,77,96,82,48055.47
Non Institutional Investors2,40,64,28624,02,85,0009.99
Retail Individual Investors (RIIs)5,61,50,0007,91,58,4801.41
Employees2,85,71416,32,7205.71
Shareholders1,78,57,1427,60,01,1004.26
Total13,04,42,8552,17,67,59,78016.69
HDB Financial IPO seeks to raise ₹12,500 crore, which includes a fresh issuance of shares valued at ₹2,500 crore and an offer for sale of ₹10,000 crore by promoter HDFC Bank.

The price band is fixed at ₹700 to ₹740 per share, and an application size is 20 shares. At the upper price band, the firm is valued at nearly ₹61,400 crore.

The money generated will be used to strengthen its Tier-I capital base for future capital requirements, including additional lending.

Globe Civil Projects IPO allotment: How to check status online on BSE, NSE, KFin Technologies

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

HDB Financial Services IPO allotment status is likely to be finalised on Monday, June 30, with the details being out on the NSE, the BSE and MUFG Intime India.

How to check HDB Financial Services IPO allotment status on NSE

Steps to check HDB Financial Services IPO allotment status on BSE

  • Visit BSE's bid finalisation page: https://bseindia.com/investors/appli_check.aspx
  • Keep 'Equity' as the issue type
  • Select 'HDB Financial Services Ltd' from IPO names
  • Enter your IPO application number or PAN
  • Click on search after CAPTCHA verification

HDB Financial Services IPO allotment status on MUFG Intime India: Check steps

The company's shares are expected to be listed on the NSE and BSE on July 2.

HDB Financial Services IPO GMP

A report by Moneycontrol, citing Investorgain.com, said HDB Financial Services' unlisted shares are trading at ₹805 per unit, a grey market premium (GMP) of 8.78% or ₹65 over the upper end of the price band.
Disclaimer: Grey Market Premium, or GMP, is an unofficial indicator of market sentiment toward an IPO. It is not regulated by the stock exchanges or SEBI. Upstox neither supports nor encourages grey market trading. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
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About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.