- By Shreyansh Mangla
- Mon, 30 Jun 2025 12:40 PM (IST)
- Source:JND
HDB Financial IPO Share Allotment date: HDB Financial Bank is going to finalise the allotment of shares on Monday, June 30. All the investors are eagerly looking towards the allocation details. The Registrar to the IPO is the entity responsible for releasing the allocation details of an IPO and all the investors are eagerly looking towards it. The subscription period for HDB Financial Services IPO was from June 25th to June 27th.
The HDB Financial Bank, being the biggest IPO of 2025, attracted a large number investors even before the company could launch its announcement on its official site, some investors were willing to pay an extra Rs 74 to Rs 83 per share on top of the actual IPO price. This so-called "unofficial" trading shows that many investors expected the company’s shares to do really well once they started on the stock market. However, the IPO’s extra share price dipped a bit later to Rs 54 to 60 bracket, but still it has captured the attention of the investors. This hype about the IPO has generated a lot of excitement as more and more investors are coming up to apply for the actual IPO. Almost all the investors are ready to buy the shares and it has helped the company get a lot of applications.
The HDB Financial Services IPO was a book-built issue totaling Rs 12,500 crore. This substantial offering was composed of two main parts: a fresh issue of approximately 3.38 crore equity shares aimed at raising Rs 2,500 crore for the company's capital needs, and a larger Offer for Sale (OFS) of about 13.51 crore shares valued at Rs 10,000 crores, where the promoter, HDFC Bank, sold a portion of its stake. The shares are set to be officially listed and traded on both major Indian stock exchanges, the BSE and the NSE.
For this, the company set a price band of Rs 700 to Rs 740 per equity share. This means investors could bid for shares within that range with 740 being the maximum price. The lot size was fixed at 20 shares, which is the minimum number of shares a retail investor could apply for. The minimum investment required for a retail investor to participate in this IPO was Rs 14,800.
The HDB Financial Services IPO strategically allocated its shares among many investor groups to ensure wider participation. A large chunk was reserved for Qualified Institutional Buyers (QIBs), catering to large financial institutions. Individual investors were also given a significant opportunity, with not less than 35 percent of the issue marked for retail investors. Lastly, Non-institutional Investors (NIIs), including high net-worth individuals, were allocated not less than 15% of the shares, ensuring diverse participation across different investor segments.
For the HDB Financial Services IPO, the GMP, Grey Market Premium (GMP), initially showed strong enthusiasm, reaching as high as Rs 83, suggesting a potential listing price significantly above its issue price. While this historical GMP trend fluctuated, it generally remained positive, settling around Rs 54 - Rs 60 (approximately 7-8% above the upper price band of ₹740) by the close of the IPO subscription period. This consistent positive GMP served as a strong sentiment indicator, signaling to potential investors an indicated listing gain, which encouraged greater participation in the IPO with the expectation of a quick profit on the first day of trading.
The HDB Financial Services IPO share allotment was finalised today, Monday, June 30, 2025. For those who applied, the shares are expected to be credited to Demat accounts by Tuesday, July 1, 2025, with refunds for unallotted applications also initiated on the same day. The tentative listing date for HDB Financial Services shares on both the BSE and NSE is Wednesday, July 2, 2025.
Here's how you can check your allotment status online via the IPO Registrar (MUFG Intime India Private Limited):
Step 1: Visit the official Link Intime website for IPO allotment status
Step 2: Select "HDB Financial Services Limited" from the dropdown menu
Step 3: Choose one of the options (PAN, Application Number, or DP ID/Client ID) and enter the relevant details
Step 4: Click "Search" to view your allotment status
How To Check HDB Financial IPO Share Allotment date via BSE Website:
Step 1: Go to the BSE IPO allotment status page
Step 2: Select "Equity" as the issue type
Step 3: Choose "HDB Financial Services Limited" from the issue name dropdown
Step 4: Enter your Application Number or PAN
Step 5: Click "Search" after verifying you are not a robot
HDB Financial IPO Share Allotment date via NSE Website:
Step 1: Visit the NSE IPO bid verification page
Step 2: Select "Equity and SME IPO bids"
Step 3: Choose "HDB Financial Services" from the Issue Name dropdown menu
Step 4: Enter your PAN and Application Number
Step 5: Click "Submit"
Once the shares are credited, you can expect them to begin trading on the stock exchanges on the listing date.