HDB Financial IPO To Open on June 25: How To Invest, Key Dates, Price Band & HDFC Bank Share Sale Details

HDB Financial Services, a non-banking financial company (NBFC) is set to launch its Initial Public Offering (IPO) soon. The IPO subscription will start on Wednesday, June 25, 2025, and will close on Friday, June 27, 2025. This is an opportunity for investors to buy shares in the company as it becomes publicly listed.

HDB Financial Services IPO Set to Launch Soon: Know All Details of This Upcoming NBFC IPO

The total size of the IPO is Rs 12,500 crore. Out of this, Rs 2,500 crore worth of new shares will be issued by HDB Financial to raise fresh capital. The remaining Rs 10,000 crore will come from an offer-for-sale (OFS), where the company's promoter, HDFC Bank, will sell some of its existing shares. The exact price range for the shares will be announced shortly.

According to a recent official filing with the stock exchange, HDB Financial has submitted the red herring prospectus on June 19, 2025, with the Registrar of Companies in Gujarat. This document provides important details about the IPO, including the number of shares being offered and the offer-for-sale by HDFC Bank.

HDB Financial IPO Key Dates

Important dates for the IPO include June 24, 2025, when anchor investors (large institutional buyers) will place their bids. The final allotment of shares to investors will be decided by June 30, and the company's shares are expected to be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on July 2, 2025.

HDFC Bank Holds Around 95% Stake

Currently, HDFC Bank owns 94.36% of HDB Financial Services. The IPO will also include a special quota reserved for eligible employees and shareholders of HDFC Bank to participate in the share offering.

The money raised from this IPO will help HDB Financial Services strengthen its Tier-I capital, which is the core capital that supports its lending business. This capital will be used to meet future financial needs and to support the company's growth plans.

About Company

HDB Financial Services is a well-known NBFC in India that focuses on retail customers. It provides a wide range of loan products through three main areas: loans to businesses (enterprise lending), asset finance (such as vehicle loans), and consumer finance (personal loans and other consumer credit).

The IPO is being managed by several top financial institutions, including JM Financial, Bank of America Securities India, BNP Paribas, Goldman Sachs India Securities, HSBC Securities & Capital Markets, Jefferies India, IIFL Capital Services, Motilal Oswal Investment Advisors, Nomura Financial Advisory and Securities India, Morgan Stanley India, Nuvama Wealth Management, and UBS Securities India. These firms will help with the sale and distribution of shares during the IPO process.