HDB Financial Services Ltd, a subsidiary of HDFC Bank and one of India's leading non-banking financial companies (NBFCs), is set to hit the primary markets with its much-anticipated Initial Public Offering (IPO).
About HDB Financial Services
Incorporated in 2007, HDB Financial provides a wide range of secured and unsecured loans to retail and commercial customers, along with fee-based services such as insurance. The company has shown strong growth in both assets under management and profitability over the past few years.
IPO Overview
- IPO Type: Fresh Issue + Offer for Sale
- IPO Size: Estimated ₹9,000 crore
- Price Band: To be announced
- Lot Size: To be announced
- Face Value: ₹10 per equity share
- Listing Exchange: BSE & NSE
HDB Financial IPO Schedule
| Event | Date (Tentative) |
|---|---|
| IPO Opening Date | July 2025 |
| IPO Closing Date | July 2025 |
| Basis of Allotment | To be updated |
| Refunds Initiated | To be updated |
| Shares Credited to Demat | To be updated |
| IPO Listing Date | To be updated |
Financial Performance Snapshot
| Particulars | FY23 | FY24 |
|---|---|---|
| Total Income (₹ crore) | 12,500 | 14,800 |
| Net Profit (₹ crore) | 1,350 | 1,720 |
| Net NPA (%) | 1.4% | 1.1% |
| Capital Adequacy Ratio | 19.5% | 20.2% |
Key Strengths
- Strong parentage (HDFC Bank ownership)
- Diversified loan book and wide distribution network
- Stable asset quality with strong underwriting
- Consistent growth in income and profit
Risk Factors
- Exposure to unsecured loans poses credit risk
- Regulatory changes in NBFC sector could impact business
- High competition from other private NBFCs and banks
Grey Market Premium (GMP)
As of now, the GMP for HDB Financial Services IPO is not available. Stay tuned to IPOGyan.in for real-time updates.
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Disclaimer: This content is for informational purposes only. Please consult your financial advisor before making investment decisions.
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