HDB Financial Services Limited (Mainboard) (Tentative Dates)
June 24, 2025 – June 26, 2025
| Price | ₹0 - ₹0 |
| Premium | ₹0 |
|---|---|
| Lot size | 0 |
| Allotment | Jun 27, 2025 |
| Listing | Jul 1, 2025 |
About
IPO Details as per DRHP
| Total Issue Size | [.] shares (aggregating up to 12,500.00 Cr) |
| Fresh Issue | [.] shares (aggregating up to 2,500.00 Cr) |
| Offer for Sale | [.] shares of 10 (aggregating up to 10,000.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 79,39,63,540 share |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
Key Performance Indicators
| KPI | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 16.39% | 19.55% | 18.68% |
Financial Details (In Crores)
| Period Ended | Sep-24 | Mar-24 | Sep-23 | Mar-23 |
|---|---|---|---|---|
| Assets | 101,960 | 92,557 | 78,464 | 70,050 |
| Revenue | 7,891 | 14,171 | 6,902 | 12,403 |
| Profit After Tax | 1,173 | 2,461 | 1,168 | 1,959 |
| Net Worth | 14,879 | 13,743 | 12,527 | 11,437 |
| Reserves and Surplus | 14,085 | 12,950 | 11,735 | 10,646 |
| Total Borrowing | 82,681 | 74,331 | 61,892 | 54,865 |
About Company
Founded: 2007
Headquarters: Ahmedabad, Gujarat; Corporate office in Mumbai
Nature of Business: Non-Banking Financial Company (NBFC)
Focus Areas: Retail loans, consumer loans, gold loans, business loans, and asset finance
Promoter: HDFC Bank Limited
Strength
Strong Promoter Lineage: Backed by HDFC Bank, ensuring brand credibility and funding access.
Diversified Loan Portfolio: Retail and MSME focus helps mitigate sector-specific risks.
Efficient Cost Structure: Among the lowest cost of borrowings in the NBFC sector.
Weakness
High Promoter Dependency: Substantial pre-IPO stake held by HDFC Bank; dilution post-IPO is unclear.
Credit Risk Exposure: Exposure to unsecured and SME lending may lead to NPAs if not managed well.
Economic Sensitivity: Business highly sensitive to interest rate changes and macroeconomic downturns.
Lead Manager(s)
Address
HDB Financial Services Limited
Radhika, 2nd Floor, Law Garden Road
Navrangpura
Gujarat, India
Ahmedabad, Gujarat
Phone: +91 22 4911 6350
Email: investorcommunications@hdbfs.com
Registrar
MUFG Intime India Private Limited (Link Intime)
Link Intime India Private Ltd
C 101, 247 Park,
L.B.S.Marg Vikhroli (West),
Mumbai - 400083