HDB Financial Services IPO allotment today. Check status, GMP and other details

The allotment status for HDB Financial Services' Rs 12,500 crore IPO, one of the year’s most anticipated public issues, is expected to be finalized on Monday. Investors can check their allotment on the registrar’s website — MUFG Intime India Pvt Ltd (Link Intime) — once activated.

The IPO, which opened on June 25 and closed on June 27, comprised a fresh issue of shares worth Rs 2,500 crore and an offer for sale (OFS) of Rs 10,000 crore by promoter HDFC Bank. The price was fixed at Rs 740 per share, and the issue attracted strong demand across investor categories, receiving over 42.6 lakh applications.

According to stock exchange data, the IPO was subscribed 17.65 times overall, with the qualified institutional buyers (QIBs) portion subscribed 58.64 times, non-institutional investors (NIIs) 10.55 times, and the retail category 1.51 times. The employee and shareholder segments also received solid response.


The IPO garnered Rs 3,369 crore raised a day ahead of the opening from institutional investors including mutual funds, insurance firms, and global investors.

Allotment status can be checked on Link Intime’s official website

https://linkintime.co.in/initial_offer/public-issues.html

Select "HDB Financial Services" from the dropdown

Enter your PAN, Application Number, or DP/Client ID

Click on “Search” to view allotment details

or via the BSE at

https://www.bseindia.com/investors/appli_check.aspx

Select “Equity” as issue type

Choose “HDB Financial” from the dropdown

Enter your application number and PAN

As per the listing schedule, refunds will be initiated on July 1, and shares will be credited to successful applicants’ demat accounts the same day. The stock is expected to debut on the BSE and NSE on Wednesday, July 2, 2025.

HDB Financial IPO GMP

The GMP of the company is around Rs 57, which is 8% over the issue price.

About the Company

Incorporated in 2007, HDB Financial Services is a leading non-banking financial company (NBFC) offering retail loans, asset finance, consumer lending, and business process outsourcing services. It operates with a pan-India network of 1,771 branches across 31 states and union territories, with over 80 percent of its branches located in smaller towns.

For FY25, HDB reported revenue of Rs 16,300 crore and a net profit of Rs 2,175 crore. Despite a slight drop in profitability, analysts have cited its granular loan book, growing retail base, and strong parentage via HDFC Bank as long-term positives.

The company’s post-issue market capitalisation is estimated at Rs 61,253 crore.

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