Latest news with #HDBFinancialServices
News18
9 hours ago
- Business
- News18
HDB Financial IPO Allotment Date: GMP Falls Ahead of Listing, Check Final Subscription Status
Last Updated: The GMP of the HDB Financial IPO is 7.70% today; its allotment is scheduled to be finalised on Monday, June 30. HDB Financial IPO Allotment Date: The HDB Financial IPO has received a decent 17.65x subscription on the final day of bidding on Friday, amid weak GMP. Its grey market premium of 7.70% signals muted listing gains for investors. As the issue has closed, investors are awaiting its allotment. HDB Financial Services IPO Allotment Date The allotment of the HDB Financial Services IPO is scheduled to be finalised on Monday, June 30. HDB Financial IPO: A Step-By-Step Guide To Check Allotment Status Once the IPO allotment is finalised, investors will start receiving bank debit messages, most probably in the evening on June 30. They can also check their allotment status on the websites of the NSE as well as registrar Link Intime. The allotment status can be checked by following these steps: 1) Go to the official BSE website via the URL — 2) Under 'Issue Type', select 'Equity'. 3) Under 'Issue Name', select 'HDB Financial Services Ltd' in the dropbox. 4) Enter your application number, or the Permanent Account Number (PAN). 5) Then, click on the 'I am not a robot' to verify yourself and hit the 'Search' option. and check the HDB Financial IPO allotment status. The allotment status can also be checked on the NSE's website at . According to market observers, the GMP of the HDB Financial IPO is 7.70% today. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. HDB Financial IPO Listing Date The listing of Suntech Infra Solutions Ltd's shares will take place on Wednesday, July 2, on both BSE and NSE. HDB Financial IPO: More Info The HDB Financial Services IPO is a Rs 12,500-crore issue, comprising a fresh issue of Rs 2,500 crore and an offer for sale (OFS) of Rs 10,000 crore by parent HDFC Bank, which holds 94.3 per cent stake. The public issue is the biggest IPO of 2025 so far, surpassing the Rs 8,750-crore issue by Hexaware Technologies earlier this year. It was open for public subscription between June 25 and June 27. On the final day of bidding on Friday, the Rs 12,500-crore IPO received a 17.65 times subscription, garnering bids for 2,17,78,03,360 shares as against the 12,33,91,893 shares on offer. The retail and NII participation stood at 1.51 times and 10.55 times, respectively. Its qualified institutional buyer (QIB) category got a 58.64 times subscription. The IPO is primarily in response to the Reserve Bank of India's 2022 regulation mandating all large NBFCs categorised as 'upper layer" to be listed on the stock exchange by September 2025. About HDB Financial Services Founded in 2007, HDB Financial Services provides a broad range of retail loans under three business verticals — enterprise lending, asset finance, and consumer finance. It focuses on both secured and unsecured loans, including personal loans and loans against property, particularly catering to underbanked segments. As of September 30, 2024, the company had a gross loan book of Rs 98,620 crore, with a CAGR of 20.93% from March 2022. Its FY24 profit stood at Rs 2,460 crore, with a CAGR of 55.9% over FY22-FY24. In its DRHP, the company noted that its loan book is highly diversified, with the top 20 customers contributing less than 0.36% of total gross loans. The average loan ticket size was around Rs 1.45 lakh as of September 30, 2024. The company had initially filed its DRHP on October 30, 2023, and received SEBI's approval at the end of May 2025. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! tags : initial public offering (IPO) IPO Location : New Delhi, India, India First Published: June 28, 2025, 09:23 IST News business » ipo HDB Financial IPO Allotment Date: GMP Falls Ahead of Listing, Check Final Subscription Status
Time of India
11 hours ago
- Business
- Time of India
Big FOMO! Investors bring Rs 1.8 lakh crore to Rs 15,600 crore IPO party
Live Events Agencies (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Mumbai: One of the busiest weeks in the Indian market for initial public offerings ended on a strong note, with all five issues launched over the past five days witnessing robust investor demand, especially from IPOs of HDB Financial Services, Kalpataru, Ellenbarrie Industrial Gases, Sambhv Steel Tubes and Globe Civil Projects received bids totalling more than ₹1.85 lakh crore, nearly 12 times the ₹15,600 crore worth of shares they are offering to ₹12,500 crore HDB Financial IPO-the largest public issue by a non-banking financial company-closed Friday with investors bidding for 16.69 times the shares the company is offering. It received bids worth ₹1.52 lakh crore, the highest among billion-dollar Indian IPOs since Zomato's issue four years ago. The company is offering to sell 130.4 million shares, while the demand is for 2.18 billion institutional buyers (QIBs) put in bids for 55.47 times the shares reserved for them. Retail investors bid for 1.41 times their portion, while the non-institutional, or HNI, category received subscriptions for 9.99 Steel Tubes' ₹540 crore IPO, which also closed on Friday, was subscribed 28.46 times. The QIB category was subscribed 62.32 times, non-institutional category by 31.82 times and the retail investor portion by 7.99 ₹1,590 crore IPO of Kalpataru received bids for 2.26 times, while Ellenbarrie Industrial Gases' ₹852-crore issue got 22.19 times and Globe's ₹119 crore issue received 86 three issues closed bankers said institutional investors, mainly mutual funds and foreign investment vehicles, were among those most actively bidding for the IPOs."Domestic institutions such as mutual funds are flush with liquidity and are finding IPOs an additional avenue to invest currently, apart from investing significantly in the secondary market. Even the FPIs are actively investing in good quality IPOs," said Kotak Investment Banking MD V Jaya dozen companies have raised close to ₹45,300 crore through IPOs so far in 2025, according to The improved stock market sentiment is encouraging more companies to hit the primary market."As the primary market moves in tandem with the secondary market, this may translate into more launches with better subscriptions and listing gains in the current bullish environment," Prime Database Group MD Pranav Haldea said. "The retail interest in upcoming issues will likely hinge on the prospect of listing gains."Haldea said IPOs worth ₹2.5-3.0 lakh crore are in the pipeline, including those that have received regulatory approval, those awaiting the regulator's green signal, and those set to file the IPO documents in the coming weeks. As per data from at least 73 companies have received approval from the Securities and Exchange Board of India to launch IPOs, with the total amount to be raised estimated at ₹1.2 lakh crore. Another 70 companies have filed draft red herring prospectus with Sebi and may raise another ₹99,500 crore.
Time of India
13 hours ago
- Business
- Time of India
Big FOMO! Investors Bring ₹1.8 lakh cr to ₹15,600 cr IPO Party
One of the busiest weeks in the Indian market for initial public offerings ended on a strong note, with all five issues launched over the past five days witnessing robust investor demand, especially from institutions. The IPOs of HDB Financial Services, Kalpataru, Ellenbarrie Industrial Gases, Sambhv Steel Tubes and Globe Civil Projects received bids totalling more than ₹1.85 lakh crore, nearly 12 times the ₹15,600 crore worth of shares they are offering to sell. The ₹12,500 crore HDB Financial IPO—the largest public issue by a non-banking financial company—closed Friday with investors bidding for 16.69 times the shares the company is offering. It received bids worth ₹1.52 lakh crore, the highest among billion-dollar Indian IPOs since Zomato's issue four years ago. The company is offering to sell 130.4 million shares, while the demand is for 2.18 billion shares. Qualified institutional buyers (QIBs) put in bids for 55.47 times the shares reserved for them. Retail investors bid for 1.41 times their portion, while the non-institutional, or HNI, category received subscriptions for 9.99 times. Sambhv Steel Tubes' ₹540 crore IPO, which also closed on Friday, was subscribed 28.46 times. The QIB category was subscribed 62.32 times, non-institutional category by 31.82 times and the retail investor portion by 7.99 times. The ₹1,590 crore IPO of Kalpataru received bids for 2.26 times, while Ellenbarrie Industrial Gases' ₹852-crore issue got 22.19 times and Globe's ₹119 crore issue received 86 times. These three issues closed Thursday. Investment bankers said institutional investors, mainly mutual funds and foreign investment vehicles, were among those most actively bidding for the IPOs. "Domestic institutions such as mutual funds are flush with liquidity and are finding IPOs an additional avenue to invest currently, apart from investing significantly in the secondary market. Even the FPIs are actively investing in good quality IPOs,' said Kotak Investment Banking MD V Jaya Sankar. Two dozen companies have raised close to ₹45,300 crore through IPOs so far in 2025, according to The improved stock market sentiment is encouraging more companies to hit the primary market. 'As the primary market moves in tandem with the secondary market, this may translate into more launches with better subscriptions and listing gains in the current bullish environment,' Prime Database Group MD Pranav Haldea said. 'The retail interest in upcoming issues will likely hinge on the prospect of listing gains.' Haldea said IPOs worth ₹2.5-3.0 lakh crore are in the pipeline, including those that have received regulatory approval, those awaiting the regulator's green signal, and those set to file the IPO documents in the coming weeks. As per data from at least 73 companies have received approval from the Securities and Exchange Board of India to launch IPOs, with the total amount to be raised estimated at ₹1.2 lakh crore. Another 70 companies have filed draft red herring prospectus with Sebi and may raise another ₹99,500 crore.
Mint
14 hours ago
- Business
- Mint
HDB Financial Services IPO allotment date in focus. GMP, subscription, how to check status
HDB Financial Services IPO Allotment: The initial public offering (IPO) of HDB Financial Services, a subsidiary of HDFC Bank, has received strong demand from investors. As the bidding period has ended, investors now focus on HDB Financial Services IPO allotment date which is expected to be finalise soon. The public issue was open for subscription from June 25 to June 27. HDB Financial Services IPO allotment date is likely June 30, Monday, and HDB Financial Services IPO listing date is expected to be July 2. The ₹ 12,500-crore worth HDB Financial Services IPO was a combination of fresh issue of 3.38 crore equity shares aggregating to ₹ 2,500 crore and an offer-for-sale (OFS) component of 13.51 crore shares amounting to ₹ 10,000 crore. HDB Financial IPO price band was set at ₹ 700 to ₹ 740 per share. HDB Financial Services IPO subscription status suggests the mainboard IPO from the HDFC group has received a strong response from the primary market investors in the three day-bidding period. However, the trends in the unlisted market for HDB Financial Services shares remains upbeat, with a muted grey market premium (GMP). The sentiment in the grey market still remains tepid despite a sharp rally in the Indian stock market. HDB Financial Services IPO GMP today is ₹ 54 per share, according to market observers. This means that HDB Financial Services shares are available at a premium of ₹ 52 in the grey market today. HDB Financial Services IPO GMP today signals that the HDB Financial Services shares is estimated to list at ₹ 794 apiece, a premium of 7.30% to the issue price of ₹ 740 per share. However, stock market experts have cautioned investors to not subscribe to the IPOs by just watching at the GMPs, as the grey market prices may change anytime before listing. One should look at and consider the company's fundamentals before investing. HDB Financial Services IPO has been subscribed by 16.69 times in total as the public issue received bids for 217.67 crore equity shares as against 13.04 crore on the offer, data on NSE showed. The public issue is subscribed 5.72 times in the retail category, and 55.47 times in the Qualified Institutional Buyers (QIBs) category. The Non Institutional Investors (NII) segment received 9.99 times subscription. HDB Financial Services IPO opened for subscription on Wednesday, June 25, and closed on Friday, June 27. As June 28 and June 29 is a weekend and it is stock market holiday, HDB Financial Services IPO allotment date is likely June 30, Monday. As per the T+3 listing rule, HDB Financial Services shares are expected to be listed on July 2 on both the stock exchanges, BSE and NSE. The company is expected to finalise the HDB Financial Services IPO allotment status soon. Once HDB Financial Services IPO allotment status is fixed, the company will then credit the equity shares into the demat accounts of eligible allotment holders, and then initiate refunds to unsuccessful investors on the same day. HDB Financial Services IPO allotment status online check can be done through the BSE and NSE websites, as well as the official portal of the IPO registrar. MUFG Intime India Private Limited (Link Intime) is the HDB Financial Services IPO registrar. Step 2] Select 'Equity' in the Issue Type Step 3] Choose 'HDB Financial Services Limited' in the Issue Name dropdown menu Step 4] Enter either Application No. or PAN Step 5] Verify by ticking on 'I am not robot' and click on 'Search' Your HDB Financial Services IPO allotment status will be displayed on the screen. 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 Your HDB Financial Services IPO allotment status will be displayed on the screen. Step 2] Choose 'HDB Financial Services Limited' in the Select Company dropdown menu Step 3] Select among PAN, App. No., DP ID or Account No. Step 4] Enter the details as per the option selected Your HDB Financial Services IPO allotment status will be displayed on the screen. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
New Indian Express
18 hours ago
- Business
- New Indian Express
HDB Fin IPO closes with 16.7x over subscription; QIB portion gets 55x
The maiden public issue of HDB Financial Services, which at Rs 12,500 crore is also the largest ever from the non-banking companies segment till date, has closed with strong investor interest on the final day of bidding on Friday. The 12,500-crore IPO of the HDFC Bank subsidiary was subscribed 16.69 times its offer size, according to data from exchanges. The IPO has received bids for over 217.66 crore shares, as against the offer size of 13.04 crore shares, according to NSE data, making it the most subscribed billion dollar IPO since Zomato-parent Eternal's public issue that was oversubscribed more than 29 times in July 2021. Qualified institutional buyers took the lead in the subscription race, booking their reserved portion by over 55 times. Non-institutional investors have subscribed their reserved portion nearly 9.98 times. Retail investors booked the portion kept for them over 1.4 times.
