HDB Financial Services IPO: Hype, Numbers & Key Things to Know
26 Jun, 2025

HDB Financial Services IPO: Hype, Numbers & Key Things to Know


The much-anticipated HDB Financial Services IPO has finally opened for bidding on 25th June 2025 and it’s already creating buzz in market circles. Here’s a breakdown of what’s happening, what the numbers say, and what investors need to watch out for before the issue closes on Friday, 27th June 2025.
 

IPO Details at a Glance:
 

IPO Open Date: 25th June 2025
IPO Close Date: 27th June 2025
Price Band: ₹700 – ₹740 per share
Lot Size: 20 equity shares per lot (and in multiples thereafter)
Face Value: ₹10 per share
 

Subscription Status (as of 5 PM, 25th June)
 

As per data collected from the stock exchange by 5 PM, the IPO received bids for 48,142,080 shares against 130,442,855 shares on offer — meaning the issue got subscribed 0.37 times on Day 1.
 

While Day 1 demand wasn’t overwhelming, market participants expect interest to pick up strongly towards the closing days, particularly with the final price likely to settle at the upper end of ₹740.
 

Grey Market Premium (GMP) & Sentiment
 

Interestingly, the Grey Market Premium (GMP), which was earlier significantly high when the stock was trading in the unlisted space, has seen a noticeable decline. It currently hovers around 10% premium, hinting at some cooling off in speculative enthusiasm.
 

Why?



There are certain investor concerns regarding the company’s lending profile. HDB Financial is known to lend to customers without prior credit scores, bank accounts, or established credit histories — focusing on financially underserved or unbanked segments. While this business model captures a massive untapped market, it also comes with increased risk and volatility, leading some institutional investors to tread cautiously.
 

Final Word
 

HDB Financial Services remains one of the most talked-about IPOs of 2025, with potential for long-term growth but a few short-term challenges to watch for. Investors should keep a close eye on subscription trends over the next couple of days and GMP movement before placing bids.

 


By Saurabh Jain 


This content is for educational and knowledge purposes only and should not be considered as investment or Trading advice. Please consult a certified financial advisor before making any investment or Trading decisions.

 

Our Recent FAQS

Frequently Asked Question &
Answers Here

Q 1 : When did the HDB Financial Services IPO open and when will it close?

The IPO opened on 25th June 2025 and will close on 27th June 2025.
 

Q 2 : What is the price band for this IPO?

The price band is between ₹700 and ₹740 per equity share

Q 3: What is the minimum lot size for investors?

Retail investors can bid for a minimum of 20 equity shares per lot and in multiples thereafter.

Q 4 : How much was the subscription on Day 1?

By 5 PM on Day 1, the issue was subscribed 0.37 times, receiving bids for 48,142,080 shares against an offer of 130,442,855 shares.

Q 5 : What is the current Grey Market Premium (GMP) for HDB Financial IPO?

The GMP is currently around 10% premium, down from earlier levels in the unlisted market.

Q 6 : Why is there concern about HDB Financial’s lending model?

The company primarily lends to borrowers without a credit score, bank account, or credit history — a higher-risk segment that could affect loan recoverability and profitability in volatile economic conditions.

Q 7 : Should I invest in this IPO?

It depends on your risk appetite. While HDB Financial targets a large underserved market with high growth potential, the risk profile is equally high. Evaluate fundamentals, subscription trends, and consult your financial advisor before investing.
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