HDB Financial Services IPO: Allotment Guide, Live Updates & What Investors Should Know

HDB Financial Services IPO allotment

Introduction: A Big Day for IPO Investors

June 30, 2025 – Today marks a crucial milestone for thousands of investors who applied for the much-awaited HDB Financial Services IPO. After days of buzz and overwhelming demand, everyone is now eagerly waiting for the HDB Financial Services IPO allotment status.

This IPO has made headlines not just because of its size—₹12,500 crore—but also due to the company’s strong connection with HDFC Bank, one of India’s most trusted financial institutions. If you’re one of those who applied, this guide will help you check your allotment status, understand what’s next before the listing, and take a look at the latest grey market premium (GMP) trends.


IPO Recap: What Made This Issue So Special?

HDB Financial Services is a leading non-banking financial company (NBFC) in India. It caters to a wide range of financial needs, from personal loans to commercial vehicle finance, and boasts a growing customer base across the country.

Here are some highlights of the IPO:

Feature Details
Issue Size ₹12,500 crore
Fresh Issue ₹2,500 crore
Offer for Sale (OFS) ₹10,000 crore (by HDFC Bank)
IPO Dates June 25 to June 27, 2025
Price Band ₹399–₹420 per share
Lot Size 35 shares
Listing Exchange NSE & BSE
Expected Listing Date July 3, 2025    

IPO Subscription Numbers: Strong Demand from All Quarters

The IPO attracted huge investor interest, being oversubscribed 16.69 times overall. Here's a category-wise breakdown:

Investor Category Subscription (Times)
Qualified Institutional Buyers (QIBs) 55.47x
Non-Institutional Investors (NIIs) 10.00x
Retail Individual Investors (RIIs) 1.5x
Employee Category 5.72x

The high oversubscription, especially from institutional and HNI categories, indicates strong confidence in the company’s growth potential.


Allotment Date and Timings: When Will You Know?

The allotment status for HDBFinancial Services IPO is expected to be finalized today—June 30, 2025. Most likely, investors will begin receiving SMS and email notifications by the evening. Alternatively, you can manually check your allotment status online.


How to Check HDB Financial Services IPO Allotment Status: Step-by-Step Guide

You can check your allotment status in 3 easy ways:

1. Via BSE Website

  • Go to: https://www.bseindia.com/investors/appli_check.aspx
  • Select “Equity
  • Enter “HDB Financial Services” from the dropdown
  • Enter your application number and PAN
  • Click “Search

2. Via Your Demat Account or Broker App

Most brokers like Zerodha, Groww, Angel One, and Upstox will show allotment updates directly in their mobile apps or on their websites.


What If You’re Allotted Shares?

Congratulations! If you’ve been allotted shares, here’s what you should expect next:

  • The shares will be credited to your Demat account by July 2, 2025
  • Listing is scheduled for July 3, 2025 on NSE and BSE
  • Keep an eye on opening price trends, which are often influenced by the Grey Market Premium (GMP)

What If You Didn’t Get Allotment?

If you were not allotted any shares, the blocked amount in your bank account will be unblocked/refunded by July 2, 2025. Refunds typically appear automatically via UPI or ASBA.


Grey Market Premium (GMP) Today: June 30, 2025

As of today, market watchers report a GMP of ₹135–₹145 for HDB Financial Services shares. That means the stock may list at ₹555–₹565, which is up to 34% above the issue price.

Date GMP (₹) Estimated Listing Price (₹) Listing Gain (%)
June 27 ₹120 ₹540 ~29%
June 29 ₹135 ₹555 ~32%
June 30 ₹145 ₹565 ~34%

Note: GMP is unofficial and can fluctuate quickly.


Why Investors Are Excited About HDB Financial Services

Here’s why this IPO generated so much attention:

Backed by HDFC Bank

As a wholly owned subsidiary of HDFC Bank, the company benefits from strong governance, credit ratings, and trust.

Proven Business Model

HDB has a well-diversified loan portfolio, strong collections, and a good track record of managing risks, especially in the unsecured loan segment.

Digital Push

The company is increasingly focusing on digital loan disbursements and customer onboarding—key for scaling efficiently in Tier 2 and Tier 3 cities.


Analyst Take: Should You Hold, Sell, or Buy on Listing Day?

Market analysts are mixed on listing day strategy:

  • Short-term investors may consider booking partial profits if GMP holds.
  • Long-term investors may want to hold and ride the NBFC sector's growth potential.
  • New investors can wait for listing volatility to settle before entering.

Pre-Listing Buzz on Social Media

Investors on platforms like X (formerly Twitter), Reddit, and Telegram are flooding timelines with screenshots of their allotment results. Hashtags like #HDBIPO, #IPOAllotment, and #HDFCBank are trending.

Some are already speculating that HDB could become another Bajaj Finance if it maintains growth momentum and controls NPAs post listing.


Final Thoughts: All Eyes on July 3

The HDB Financial Services IPO allotment marks the beginning of a new chapter—not just for the company, but also for thousands of investors who bet on its future. Whether you're allotted shares or not, the listing on July 3 is likely to create significant market buzz.

In a year where NBFCs are expected to outperform, HDB's debut might become a benchmark IPO for 2025. Stay tuned!


FAQs: HDB Financial Services IPO Allotment

Q1. When is the HDB Financial Services IPO allotment date?
A: Allotment is expected to be finalized on June 30, 2025.

Q2. How to check allotment status for HDB Financial Services IPO?
A: You can check on the BSE website, Link Intime, or through your broker’s app.

Q3. What is the expected listing date?
A: Shares will list on July 3, 2025, on NSE and BSE.

Q4. What is the latest GMP of HDB Financial Services IPO?
A: As of June 30, the GMP is around ₹145, indicating a potential 34% premium on listing.

Q5. What if I don't get any shares?
A: The money blocked in your bank account will be refunded/unblocked by July 2, 2025.

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