Ram Kumar 
The much-awaited IPO of HDB Financial Services, the non-banking finance arm backed by HDFC, has taken the primary market by storm. After closing subscriptions on June 27 with an impressive overall subscription of 17.65 times, investors are now eagerly waiting for the share allotment, which is expected to be finalized on June 30, 2025.
The ₹12,500 crore issue, offered at a price band of ₹700–740 per share, saw overwhelming demand across investor categories thanks to the company’s strong HDFC Group lineage and consistent financial performance. Market watchers point to the latest grey market premium (GMP) of ₹59 as a sign of positive sentiment ahead of the listing.
When will HDB Financial IPO shares be allotted?
Investors who applied for the IPO can expect the allotment status to go live on June 30. Refunds for unallotted applications will begin on July 1, and shares will likely be credited to demat accounts on the same day.
When is the HDB Financial IPO listing date?
The HDB Financial Services IPO is set to list on Indian stock exchanges on Wednesday, July 2, 2025. Given the robust oversubscription and healthy GMP, a premium listing is anticipated, although actual performance will depend on broader market conditions.
Key IPO Details:
- Issue Size: ₹12,500 crore
- Price Band: ₹700 – ₹740 per share
- Subscription: 17.65 times overall
- Allotment Date: June 30, 2025
- Listing Date: July 2, 2025
- Latest GMP: ₹59 per share
How to check HDB Financial IPO allotment status
Applicants can check the allotment on the official registrar website or BSE/NSE IPO allotment portals after June 30 using their PAN, application number, or demat account details.
Disclaimer: This article is for informational purposes only. Investing in IPOs involves risks. Please consult your financial advisor before investing.
