Introduction
HDB Financial Services, a key non-banking financial arm of HDFC Bank, recently closed its much-awaited Initial Public Offering (IPO) to a strong response from investors. With the HDB Financial Services IPO allotment now finalised and the listing date just around the corner, investor excitement is running high.
In this blog post, we will walk you through everything you need to know—how to check the allotment status online, what the latest GMP (Grey Market Premium) is saying, how the IPO performed during subscription, and what lies ahead for investors.
HDB Financial Services IPO: Snapshot
· IPO Opened On: June 25, 2025
· IPO Closed On: June 27, 2025
· IPO Price Band: ₹740 per share
· Total Issue Size: ₹12,500 crore
· Fresh Issue: ₹2,500 crore
· Offer-for-Sale (OFS): ₹10,000 crore
· IPO Allotment Date: June 30, 2025
· Expected Listing Date: July 2, 2025
· Registrar: MUFG Intime India Private Limited (Link Intime)
IPO Subscription Status: Massive Investor Interest
The HDB Financial Services IPO saw overwhelming demand, with total subscription reaching 16.69 times the number of shares on offer. Here's a quick look at the subscription breakdown:
| Category | Subscription Times |
|---|---|
| Retail Individual Investors | 5.72x |
| Non-Institutional Investors | 9.99x |
| Qualified Institutional Buyers (QIBs) | 55.47x |
| Total | 16.69x |
This kind of strong demand highlights the market’s trust in HDB Financial Services’ long-term growth and association with its parent company, HDFC Bank.
HDB Financial Services IPO Allotment: Status Finalised
The company finalised the HDB Financial Services IPO allotment on June 30, 2025. If you applied for the IPO, you can now check whether you’ve been allotted shares.
If you're among the successful applicants, the shares will be credited to your Demat account on or before July 1, 2025. For those who didn’t receive an allotment, refunds are already being processed.
How to Check HDB Financial Services IPO Allotment Status Online
You can check your IPO allotment status in three different ways—via BSE, NSE, and the official registrar’s portal (MUFG Intime India).
Option 1: Check on BSE Website
1. Visit BSE Allotment Page
2. Choose “Equity” under Issue Type
3. Select “HDB Financial Services Limited” from the dropdown
4. Enter your Application Number or PAN
5. Confirm captcha (“I am not a robot”)
6. Click on “Search”
Result: Your HDB Financial Services IPO allotment status will appear on the screen.
Option 2: Check on NSE Website
1. Go to NSE IPO Allotment Page
2. Click on “Equity and SME IPO bids”
3. Select “HDB Financial Services” as the Issue
4. Enter your PAN and Application Number
5. Click “Submit”
Result: Your allotment status will be shown.
Option 3: Check on MUFG Intime (Link Intime) Registrar Portal
1. Visit MUFG Intime IPO Page
2. Select “HDB Financial Services Limited” from the dropdown
3. Choose how to search: PAN, Application No., or DP ID/Client ID
4. Enter the required details
5. Click on “Search”
Result: Allotment status will be displayed instantly.
HDB Financial Services IPO GMP Today
The Grey Market Premium (GMP) today for HDB Financial Services IPO is ₹57 per share. This means the stock is expected to list at ₹797 per share, marking a 7.7% premium over the issue price of ₹740.
GMP is a key indicator of investor sentiment in the unlisted market. Though unofficial, it provides a rough idea of how the stock might perform upon listing.
| Parameter | Value |
|---|---|
| IPO Issue Price | ₹740 |
| GMP Today (Unofficial) | ₹57 |
| Expected Listing Price | ₹797 (Approx.) |
| Estimated Listing Gain | +7.7% |
What Makes HDB Financial Services IPO Special?
HDB Financial Services is a leading NBFC (Non-Banking Financial Company) with a strong presence in consumer and business loans. Backed by HDFC Bank, it brings credibility, scale, and experienced management to the table.
Here are a few reasons why the IPO garnered such high interest:
· Strong Parentage: Being a subsidiary of HDFC Bank adds confidence
· Large Loan Portfolio: Wide product range including personal loans, gold loans, vehicle loans, etc.
· Consistent Growth: High growth in AUM (Assets Under Management) over the years
· Expanding Reach: Strong physical presence in Tier 2 and Tier 3 cities
What Happens After Allotment?
Here’s what to expect post-allotment:
| Date | Event |
|---|---|
| June 30, 2025 | Allotment finalised |
| July 1, 2025 | Shares credited to Demat or Refund issued |
| July 2, 2025 | Listing on NSE and BSE |
If you're allotted shares, keep an eye on the stock performance after listing. If you weren’t allotted, the refund will reflect in your bank account soon—usually within 1–2 working days.
What Should Investors Do Next?
If you’ve been allotted HDB Financial Services shares, consider your investment goals before deciding to hold or book listing gains. The company’s fundamentals are strong, but market volatility can affect listing performance.
Here are some quick investor tips:
Hold if you're looking for long-term growth in NBFCs
Book profits if you’re targeting short-term listing gains
Keep watching the GMP and market sentiment a day before listing
Final Thoughts
The HDB Financial Services IPO allotment is now out, and it marks one of the most anticipated IPOs of 2025. Backed by HDFC Bank and strong demand from all investor categories, the IPO signals confidence in India’s NBFC growth story.
If you’ve invested, checking the allotment status is just a few clicks away. With a healthy GMP and a strong company foundation, investors are looking forward to July 2 when HDB Financial Services shares will list on the stock exchanges.
