HDB Financial Services IPO Subscription Window Opens Today– Check Latest GMP And Other Key Details

HDB Financial Services IPO: The largest mainboard public issue of 2025 so far, HDB Financial Services opened for subscription today on June 25. The subscription window for the public issue is scheduled to close on June 27. Here’s a look at the Grey Market Premium (GMP), important dates, offer size, price band and other key details of the public issue:

HDB Financial Services IPO GMP Today

On June 25 the GMP for HDB Financial Services shares is trending around Rs 74 per share according to various websites that track grey market activity of IPO-bound stocks. In the last 13 sessions the GMP for HDB Financial Services shares has ranged between Rs 47.5 to Rs 104.5. At the upper limit of the price band for the public issue of Rs 740 the estimated listing pricing basis the GMP is Rs 814 (Rs 740 + Rs 74).

GMP refers to the premium or additional amount of money that investors indicate a readiness to pay for unlisted shares in the grey market prior to the actual listing of the stock on the exchanges. Notably, the GMP is an unofficial measure and does not determine by itself how a stock will be listed. However, investors can use it to gauge the demand for the stock ahead of its listing. Higher demand is likely to correspond with a higher GMP, and a lower GMP typically indicates less demand for the unlisted shares of an IPO-bound company.

HDB Financial Services IPO Offer Size

HDB Financial aims to raise Rs 12,500.00 crore through a fresh issuance of 3.38 crore shares amounting to Rs 2,500 crore and an offer-for-sale of 13.51 crore shares amounting to Rs 10,000 crore. The promoter of the company HDFC Bank will pare its stake in the public issue reducing its shareholding from 94.32 per cent to approximately 74.19 per cent post the issue.

HDB Financial Services IPO Price Band

HDB Financial IPO price band has been set between Rs 700 to Rs 740 per share. Retail Individual Investors (RIIs) can bid for a minimum lot size of 20 shares by making a minimum investment of Rs 14,000. The minimum lot size for Small Non Institutional Investors (sNIIs) and Big Institutional Investors has been fixed at 14 lots and 68 lots respectively. The minimum investment amounts for sNIIs and bNIIs are Rs 2,07,200 and Rs 10,06,400 respectively.

HDB Financial Services IPO Key Dates

HDB Financial Services' IPO's three-day bidding window will close on June 27. The share allotment status of the HDB Financial Services IPO is expected to be finalized by June 30. Once the share allotment process for the HDB Financial Services IPO is completed, refunds will be initiated for unsuccessful bidders on July 1, and shares of HDB Financial Services will be credited to the demat accounts of successful bidders on the same day. The tentative listing date for HDB Financial Services IPO is July 2.

HDB Financial Services IPO: Objective 

The NBFC plans to use the proceeds of its public issue to augment its Tier–I Capital base in order to fulfill its future capital requirements under any of its verticals.

About HDB Financial Services

HDB Financial Services operates as a non-banking financial company (NBFC) and also offers services like back-office support services, collection, and sales support services to HDFC Bank.The NBFC operates as an omnichannel "phygital" distribution model.