HDB Finance IPO: A Comprehensive Guide for Retail Investors
By News Desk Published on June 23, 2025, 21:02 IST
The upcoming HDB Financial Services IPO is one of the most anticipated public issues in the Indian financial sector for 2025. As a subsidiary of HDFC Bank and a leading player in the non-banking financial space, HDB is looking to capitalise on its growth momentum through this book-built issue. The IPO is scheduled between 25 June and 27 June 2025, with a listing planned on 2 July 2025.
This article offers a detailed overview of the HDB Financial Services IPO, including key dates, financials and strengths. We'll also explore how the One-Click IPO feature simplifies the investment journey, making it faster and more accessible for retail investors. Key IPO Highlights Total issue size: ₹12,500 crore Fresh issue: ₹2,500 crore Offer for Sale (OFS): ₹10,000 crore
Price band: ₹700 to ₹740 per share
Face value: ₹10 per share
Lot size: 20 shares per lot
Minimum investment (retail): ₹14,800
Promoter: HDFC Bank Limited (pre-IPO holding: 94.36%)
As a Mainboard IPO, HDB Financial Services will be listed on both BSE and NSE, targeting long-term investors looking for stability and growth. IPO Timeline IPO opens: 25 June 2025
IPO closes: 27 June 2025
Allotment finalisation: 30 June 2025
Refund initiation: 1 July 2025
Shares credited in demat: 1 July 2025
Listing date: 2 July 2025
Investors can track these dates and apply directly through HDFC Sky's Mobile Trading App for a faster, more convenient experience. About HDB Financial Services Limited
Established in 2007, HDB Financial Services Limited is a retail-focused Non-Banking Financial Company (NBFC) that offers a diverse range of financial services across three core segments—Enterprise Lending, Asset Finance, and Consumer Finance. In addition to its lending operations, the company also provides BPO services and fee-based offerings, including insurance distribution to its customers. HDB operates through a robust phygital model that combines physical and digital channels, ensuring extensive reach and service efficiency. As of September 2024, it manages a network of 1,772 branches spread across 1,162 towns in 31 states and Union Territories. This is supported by over 140,000 dealer touchpoints and partnerships with more than 80 brands. The company's growing digital presence is reflected in its 6.9 million app downloads, enabling it to connect with customers across both urban and rural markets. Financial Performance (Amount in ₹ Crore) Particulars 31 Mar 2025 31 Mar 2024 31 Mar 2023 Assets 1,08,663.29 92,556.51 70,050.39 Revenue 16,300.28 14,171.12 12,402.88 Profit After Tax 2,175.92 2,460.84 1,959.35 EBITDA 9,512.37 8,314.13 6,251.16 Net Worth 14,936.50 12,802.76 10,436.09 Reserves & Surplus 15,023.97 12,949.63 10,645.57 Total Borrowing 87,397.77 74,330.67 54,865.31 Use of IPO Proceeds Augment the Company's Tier-I capital base.
Meet future capital requirements across business operations.
Support onward lending activities.
Utilise funds under any of the business verticals: Enterprise Lending Asset Finance Consumer Finance
Key Strengths of the IPO Strong promoter backing from HDFC Bank
Wide-reaching phygital model with strong rural and semi-urban penetration
Granular, diversified retail loan book with low concentration risk
Technology-enabled credit, underwriting, and collection systems
Robust credit discipline with GNPA at 1.90%
Proven financial growth with a consistent rise in assets and EBITDA
SWOT Analysis of HDB Financial Services Limited Strengths & Opportunities Weaknesses & Threats AAA/CRISIL-rated long-term debt and A1+ short-term credit rating enhances credibility Moderate asset quality with exposure to unsecured, riskier loans Strong parentage and strategic backing from HDFC Bank NIM pressure due to rising borrowing costs (contracted 50bps to 7.83%) Diverse lending across enterprise, asset, and consumer finance verticals Dependence on unsecured segments may affect loan repayment resilience Extensive 'phygital' distribution—1,772 branches + 140,000 touchpoints Operating expenses remain elevated despite improvement (Opex/ATA ~5.96%) BPO capabilities add diversified fee income streams Asset-quality trends remain monitorable, with GNPA ~1.90% Rapid AUM growth (~48% y/y in FY24) offers scale advantage Liquidity mismatches in shorter buckets could pose repayment pressure Technology-driven cost efficiencies and vendor diversification Vulnerability to economic shocks affecting borrower cash flows Opportunities in financing MSME, vehicle, and asset segments Rising competition from banks, fintechs, and NBFCs may impact margins Infrastructure and affordable housing lending expansion potential Cybersecurity threats targeting outsourced BPO operations Declining interest rates could improve credit uptake Regulatory oversight intensifies amid growth and unsecured exposure
How to Apply for the HDB Financial IPO Using HDFC Sky's One-Click Feature
HDFC Sky's One-Click IPO feature simplifies the entire IPO application journey, making it fast, efficient, and hassle-free.Investors exploring public issues across different categories—whether a Mainboard IPO or an SME IPO, can seamlessly apply using HDFC Sky's One-Click IPO feature
If you're planning to apply for the HDB Financial Services IPO, here's how you can do it using this intuitive tool: Log in to HDFC Sky: Access your account by entering your credentials on the HDFC Sky platform.
Access your account by entering your credentials on the HDFC Sky platform. Access the IPO Section: Navigate to your profile, select 'Indian Stocks,' and click on the 'IPO' tab.
Navigate to your profile, select 'Indian Stocks,' and click on the 'IPO' tab. Select the IPO: Locate the HDB Financial Services IPO in the list and click on 'Apply Now.'
Locate the HDB Financial Services IPO in the list and click on 'Apply Now.' Place Your Bid: Enter your preferred bid amount and adjust the application details as needed.
Enter your preferred bid amount and adjust the application details as needed. Choose Payment Method: Select UPI as your payment option and proceed to make the payment.
Select UPI as your payment option and proceed to make the payment. Approve UPI Mandate: Open your UPI app and authorise the payment request.
Open your UPI app and authorise the payment request. Confirm and Submit: Review your application and complete the process by submitting it.
Why Choose HDFC Sky's One-Click IPO Feature? Quick and seamless process: Apply in a single click without paperwork or manual entries.
Apply in a single click without paperwork or manual entries. Instant updates: Receive real-time alerts on application status, allotment results, and refunds.
Receive real-time alerts on application status, allotment results, and refunds. All-in-one platform: Track and manage all IPO applications from one unified dashboard.
Track and manage all IPO applications from one unified dashboard. Anytime access: Apply conveniently through the HDFC Sky mobile app or web interface.
With HDFC Sky's One-Click IPO feature, applying for the HDB Financial IPO becomes a smooth and time-saving experience, allowing investors to take timely action with confidence.
Ahmedabad Plane Crash
News desk at BusinessUpturn.com
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