Page 2 - Hdb Financial Services

Will continue supporting HDB Financial post-IPO as well: HDFC Bank CEO

HDFC Bank's Managing Director and CEO Sashidhar Jagdishan on Wednesday said the lender will continue supporting its subsidiary HDB Financial Services post-listing as well. Terming the Rs 12,500-crore initial public offering a "complex" transaction, Jagdishan said this is a "historic" day for the HDFC Bank-promoted non banking finance company (NBFC). HDB shares got listed on bourses on Wednesday. Speaking before the listing, Jagdishan said the IPO will provide "independent capital and visibility" for the company to accelerate its growth trajectory. "We will continue to support HDB as it navigates the opportunities and challenges of the public market," Jagdishan said. He added that HDB is well positioned to capitalise on the opportunity by the underserved credit segments in the country which provide a "large runway", and added that the company has "strong fundamentals" for doing so. HDFC Bank, the largest by assets in the private space, has nurtured the NBFC over the years, the CEO

HDB Financial shares get first 'Buy' call; Emkay Global predicts 22% upside

HDB Financial Services enjoys a strong parentage from HDFC Bank, which provides it with the right ingredients to become a meaningful lender at scale, Emkay Global said

HDB Financial shares list at 13% premium on BSE, beats GMP estimates

Ahead of their debut, the unlisted shares of the company were seen trading at ₹814 per share, up ₹74 or 10 per cent from the upper end price

HDB to debut on Mumbai bourse following biggest Indian IPO of 2025

The IPO is the biggest since Hyundai Motor India Ltd.'s record $3.3 billion deal in October and comes as institutional share placements and listings are picking up after a lull

Investment bankers pocket just ₹104 crore from HDB Financial IPO

HDB Financial paid investment bankers just 0.83 per cent or ₹104 crore in fees for its ₹12,500 crore IPO-far lower than Hyundai, PayTM and Hexaware precedents

HDB Financial IPO allotment today; check status, GMP, listing date

HDB Financial allotment status: Investors can check their status on the official websites of BSE, NSE, or MUFG Intime India, the registrar for the issue

HDB Financial IPO subscribed 17x on strong institutional demand

HDB Financial's ₹12,500 crore IPO sees overwhelming interest from institutional investors, though modest grey market premium kept retail demand relatively low

IPO Calendar: HDB Financial, Sambhv Steel among 19 firms to debut next week

IPO Calendar: Including major names like HDB Financial Services and Sambhv Steel Tubes, 19 companies scheduled to make their debut on the exchanges next week

Final hours! HDB Financial IPO closes today: Check subscription status, GMP

HDB Financial IPO Day 3 update: Check latest subscription status, grey market premium (GMP), reviews, allotment date, listing date, and other key details here

HDB Financial IPO Day 2 update: Subscription lags at 69%, employees lead

HDB Financial Services IPO Day 2 subscription status: The issue received bids for 9,02,77,760 shares compared to 13,04,42,855 shares on offer

HDB Financial IPO subscribed 37% on Day 1; HNIs, staff lead bids

HDB Financial's Rs 12,500 crore IPO opened with 37 per cent subscription on Day 1, led by HNIs and employees, while retail and institutional categories lagged

HDB Financial Services IPO sees 37% subscription on first day of bidding

The initial public offer of HDB Financial Services Ltd, a subsidiary of HDFC Bank, received 37 per cent subscription on the first day of bidding on Wednesday. The initial share sale got bids for 4,85,98,380 shares against 13,04,42,855 shares on offer, as per NSE data. The category for non-institutional investors attracted 76 per cent subscription while the quota for Retail Individual Investors (RIIs) got subscribed 30 per cent. Qualified Institutional Buyers (QIBs) quota got subscribed 1 per cent. HDB Financial Services mopped up Rs 3,369 crore from anchor investors. The Rs 12,500-crore initial public offering (IPO) will conclude on June 27. The price band for the offer has been fixed at Rs 700-740 per share. At the upper end of the price band, the company is valued at nearly Rs 61,400 crore. The IPO is a combination of a fresh issue of equity shares worth Rs 2,500 crore and an offer for sale (OFS) of Rs 10,000 crore by the promoter, HDFC Bank. At present, HDFC Bank owns a 94.36

HDB Financial IPO off to a slow start; subscription lags at 21%, GMP at 9%

HDB Financial IPO Day 1 update: Check latest subscription status, grey market premium (GMP), price band, lot size, review, allotment date, listing date, and other key details here

HDB starts taking orders for one of India's biggest IPOs this year

The shares are being marketed from Wednesday at ₹700 to ₹740 each, valuing the company at as much as $7 billion

Brokerages upbeat on HDB Financial IPO; GMP up 10%; should you subscribe?

Adding to the buzz, the shares of HDB Financial are commanding a decent premium in the grey market on the first day of its opening

HDB Financial Services raises ₹3,369 crore through anchor allotment

The prominent institutional investors who participated in the anchor allotment included Life Insurance Corporation, ICICI Prudential Mutual Fund, Nippon Life, and Goldman Sachs Funds, among others

HDB Financial IPO cheaper than Bajaj Fin, Chola Invt; should you bet?

HDB Financial Services IPO consists of a fresh issue of 33.8 million shares worth ₹2,500 crore and an OFS component of 135.1 million shares worth ₹10,000 crore

HDFC Bank may pocket ₹9,373-cr profit from HDB Financial Services IPO

HDB Financial Services IPO comprises a fresh equity issuance worth ₹2,500 crore, alongside an offer for sale (OFS) in which HDFC Bank will divest part of its stake valued at ₹10,000 crore

HDB Financial Services sets IPO price band at ₹700-740; check key details

HDB Financial Services IPO comprises a fresh issue of 33.8 million equity shares and an offer for sale of 135.1 million equity shares

HDB Financial's ₹12,500 cr IPO approved: Key risks, strengths you must know

HDB Financial Services IPO comprises a fresh issue of ₹2,500 crore and an OFS of ₹10,000 crore by parent HDFC Bank