HDB IPO: A Unique Opportunity For Investors To Engage With A Trusted Financial Brand

India’s financial landscape is poised to witness one of the most anticipated public listings with the HDB Financial Services IPO, launched by HDB Financial Services Limited. Backed by HDFC Bank, one of India’s most reputable banking institutions, HDB Financial’s journey from a retail-focused NBFC to a widely trusted financial brand makes this upcoming IPO a notable event in 2025.

This issue includes both fresh equity and an offer for sale, aiming to raise ₹12,500 crore. It opens on June 25, 2025, and closes on June 27, with allotment on June 30 and a tentative listing on July 2, 2025, on BSE and NSE.

An important facilitator in this journey is HDFC Sky, whose One-Click IPO feature simplifies the application process for retail and HNI investors alike. This function eliminates paperwork and offers seamless tracking, making it especially relevant for time-bound IPO windows like this one.

Company Profile and Strategic Expansion

Established in 2007, HDB Financial Services Limited is a non-banking financial company with a strong retail focus. The company offers loans across various verticals including enterprise lending, asset finance, and consumer finance. It also provides BPO services such as back-office support and collection services to its promoter.

As of March 31, 2025, the company operates 1,771 branches across 1,170 towns and cities in India, with over 80% of them located outside India’s top 20 cities by population. This wide geographic presence demonstrates its commitment to financial inclusion, particularly among underserved communities.

Investors interested in the HDB IPO can explore full details and participate in the offering by reviewing the official IPO documentation and schedule made publicly available.

Issue Structure and Financial Details

The HDB IPO comprises a fresh issue of 3.38 crore shares amounting to ₹2,500 crore and an offer for sale of 13.51 crore shares worth ₹10,000 crore. The price band is fixed between ₹700 to ₹740 per share, with a minimum application lot of 20 shares, translating to an investment of ₹14,000 to ₹14,800 for retail participants.

Investor quotas are distributed as follows:

• Qualified Institutional Buyers (QIB): 44.92%

• Non-Institutional Investors (NII): 13.48%

  • sNII (< ₹10L): 4.49%

  • bNII (> ₹10L): 8.98%

• Retail Individual Investors (RII): 31.44%

• Shareholders and employees are also provided separate quotas.

Operational Strengths and Financial Performance

One of HDB’s major strengths lies in its diversified product portfolio and phygital distribution network, enabling tailored loan sourcing and robust credit assessment.

Key financial highlights as of March 31, 2025:

• Revenue: ₹16,300.28 crore (up from ₹14,171.12 crore in FY24)

• PAT: ₹2,175.92 crore (down from ₹2,460.84 crore in FY24)

• Net Worth: ₹14,936.50 crore

• Total Assets: ₹1,08,663.29 crore

• ROE: 14.72%

• Debt-to-Equity Ratio: 5.85

Despite a slight drop in profit, the rise in assets and revenue reflects the company’s scaling capacity and operational reach. Pre-IPO shareholding stands at 94.32%, and post-IPO it will be diluted to 74.19%.

Investors looking to participate in this offering are required toOpen Demat Account in advance through recognised platforms to initiate the bidding process.

Promoter and Book Running Lead Managers

HDFC Bank Limited, one of India’s most prominent private sector banks, is the sole promoter of HDB Financial Services.

The IPO is backed by an impressive line-up of Book Running Lead Managers, including:

• BNP Paribas

• JM Financial Limited

• BofA Securities India Limited

• Goldman Sachs India

• HSBC Securities

• Morgan Stanley India

• Motilal Oswal

• IIFL Capital

• Jefferies India

• Nomura

• Nuvama

• UBS Securities

MUFG Intime India Pvt. Ltd. (Link Intime) acts as the registrar.

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 can seamlessly apply using HDFC Sky’s One-Click IPO feature.

If you're planning to apply for the HDB finance IPO , here’s how you can do it using this intuitive tool:

1. Log in to HDFC Sky: Access your account by entering your credentials on the HDFC Sky platform.

2. Access the IPO Section:  Navigate to your profile, select "Indian Stocks," and click on the "IPO" tab.

3. Select the IPO: Locate the HDB Financial Services IPO in the list and click on "Apply Now."

4. Place Your Bid: Enter your preferred bid amount and adjust the application details as needed.

5. Choose Payment Method: Select UPI as your payment option and proceed to make the payment.

6. Approve UPI Mandate: Open your UPI app and authorise the payment request.

7. 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.

• Instant updates: 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.

• 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 Finance IPO becomes a smooth and time-saving experience, allowing investors to take timely action with confidence.