Today, June 30, 2025, is the anticipated date for the allotment of shares for the HDB Financial Services IPO. Investors who participated in the IPO, which was open for subscription from June 25 to June 27, are eagerly awaiting the finalization of allotment status. HDB Financial Services, a subsidiary of HDFC Bank, aimed to raise ₹12,500 crore through this IPO, which includes a fresh issue of shares worth ₹2,500 crore and an offer for sale (OFS) component of ₹10,000 crore. The IPO price band was set at ₹700 to ₹740 per share.
Investors can check their HDB Financial Services IPO allotment status through several online platforms. Here’s a step-by-step guide:
1. Via the Registrar's Website (MUFG Intime India) * Go to the official MUFG Intime India website. * Select 'HDB Financial Services IPO' from the dropdown menu. * Choose one of the following options: PAN, Application Number, DP ID/Client ID, or Bank Account Number. * Fill in the required details and click on the "Search" button to view your status.
2. Via the BSE Website * Visit the BSE IPO allotment status page. * Select 'Equity' as the issue type. * Choose 'HDB Financial Services IPO' from the dropdown list. * Enter your application number or PAN. * Complete the captcha verification and click on "Search".
3. Via the NSE Website * Visit the NSE IPO application tracking page. * Click on 'Equity and SME IPO Bid Details'. * Select 'HDB Financial Services IPO' from the list. * Enter your application number and PAN details. * Click "Submit" to view your allotment status.
The Grey Market Premium (GMP) can provide an indicator of the possible listing price. According to market observers, the GMP for HDB Financial Services IPO was around ₹54 to ₹57 per share as of June 27, 2025. This suggests an estimated listing price of ₹794 to ₹797 apiece, which is approximately a 7.3% to 7.7% premium over the IPO price of ₹740 per share.
However, it is important to note that GMP is not always a reliable predictor of listing performance, and investors should consider the company's fundamentals and overall market conditions. Stock market experts advise caution, as grey market prices can fluctuate before listing.
The HDB Financial Services IPO received a strong response from investors, being subscribed 16.69 times in total. The IPO received bids for 217.67 crore equity shares against the 13.04 crore shares on offer. The Qualified Institutional Buyers (QIBs) category was subscribed 55.47 times, while the Non-Institutional Investors (NII) segment was subscribed 9.99 times. The retail category was subscribed 5.72 times.
The HDB Financial Services shares are expected to be listed on July 2, 2025, on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please consult with a certified financial expert before making any investment decisions.
