Latest news with #HDBFinancialServicesLimited
Indian Express
16-07-2025
- Business
- Indian Express
HDB Financial Services share price sinks 3% after Q1 earnings
HDB Financial Services Share Price: Shares of HDB Financial Services Limited fell around 3 per cent on Wednesday (July 16). Shares of HDB Financial Services settled at Rs 816.05 apiece on NSE. On BSE, the shares of HDB Financial Services declined 3.13 per cent to settle at Rs 814.75. On Tuesday, HDB Financial Services reported a 2.4 per cent decline in net profit at Rs 568 crore for the first quarter of this financial year. Its net profit was at Rs 582 crore during April-June quarter of 2024-15, HDB Financial Services, a subsidiary of HDFC Bank, said in a regulatory filing. The company said its net total income was at Rs 2,726 crore as on June 30, 2025, compared to Rs 2,387 crore as on June 30, 2024, a growth of 14.2 per cent. Its asset under management (AUM) was Rs 1,09,690 crore as on June 30, 2025, up 14.7 per cent from the year-ago period. As on June 30, 2025, HDB Financial Services said its net interest income stood at Rs 2,092 crore, compared to Rs 1,768 crore in the year-ago period, a growth of 18.3 per cent. HDB Financial Services Limited is a component of the BSE IPO. According to the BSE analytics (as of July 16), shares of HDB Financial Services gave negative returns of 3.08 per cent and 3.11 per cent in the last 1 week and 2 weeks, respectively. Shares of HDB Financial Services Ltd listed on NSE and BSE on July 2. It got listed with a premium of nearly 14 per cent against the issue price of Rs 740. The company's stock began trading at Rs 835, a 12.83 per cent jump from the issue price on the BSE. At the NSE, shares of the firm were listed at Rs 835. The Rs 12,500-crore initial share sale of HDB Financial Services got subscribed 16.69 times on the closing day of bidding. The mega initial public offer (IPO) had a price band of Rs 700-740 per share.
News18
15-07-2025
- Business
- News18
HDB Financial Services Q1 FY26 Results:14.7% AUM Growth, Profit Falls To Rs 568 Cr
Last Updated: HDB Financial Services, a subsidiary of HDFC Bank, reported a 14.7% YoY growth in AUM to Rs 1,09,690 crore as of June 30, 2025. HDB Financial Q1FY26 Results: HDB Financial Services Limited (HDBFS), a subsidiary of HDFC Bank, reported a 14.7% year-on-year (YoY) growth in Assets Under Management (AUM), reaching rs 1,09,690 crore as of June 30, 2025, compared to Rs 95,643 crore a year ago. The company's board approved the unaudited financial results for the quarter ended June 30, 2025, at its meeting held in Mumbai on Tuesday. This is the first quarterly earnings of HDB Financial Services post the launch of the IPO to raise Rs 12,500 crore from the primary market. Shares of HDB Financial Services Limited fell 0.28 per cent on Tuesday to settle at Rs 841 per share. Gross loans rose by 14.3% YoY to Rs 1,09,342 crore, while net interest income grew 18.3% to Rs 2,092 crore. Net total income came in at Rs 2,726 crore, up 14.2% from the same period last year. The company's pre-provisioning operating profit increased 17.2% to Rs 1,402 crore, but rising provisions impacted overall profitability. Loan losses and provisions surged to Rs 670 crore, up from Rs 412 crore in Q1FY25, resulting in a slight decline in profit. Profit before tax fell to Rs 733 crore from Rs 784 crore, while profit after tax stood at Rs 568 crore, down from Rs 582 crore in the same quarter last year. Asset quality weakened with Gross Stage 3 loans rising to 2.56%, compared to 1.93% a year ago. Net Stage 3 loans stood at 1.11%, up from 0.77% in June 2024. The provisioning coverage ratio declined to 56.70% from 60.24%. HDB Financial Services Limited (HDBFS) is a non-deposit taking non-banking finance company ('NBFC') offering wide range of loan products to individuals, emerging businesses and micro enterprises. Established in 2007, as a subsidiary of HDFC Bank Limited, HDBFS is categorized as an upper layer NBFC by the RBI. HDBFS offers a large portfolio of lending products that cater to a growing and diverse customer base through a wide omni-channel distribution network. Its lending products are offered through the three business verticals: Enterprise Lending, Asset Finance and Consumer Finance. As of June 30, 2025, the Company's distribution network spans 1,771 branches across 1,166 cities/ towns. About the Author Varun Yadav Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. Location : New Delhi, India, India First Published: July 15, 2025, 18:06 IST News business » markets HDB Financial Services Q1 FY26 Results:14.7% AUM Growth, Profit Falls To Rs 568 Cr
Indian Express
03-07-2025
- Business
- Indian Express
HDB Financial Services stock surges over 4%; market cap crosses Rs 72400 crore
HDB Financial Services Share Price, HDB Financial Services Market Cap: Shares of HDB Financial Services Limited climbed over 4 per cent today i.e. July 3. At around 10 am, shares of the non banking financial company (NBFC) traded at Rs 876.75 apiece, up 4.26 per cent. According to the NSE, the company has a total market cap of Rs 72412 crore (at the time of writing). The company has a face value of Rs 10. At the same time, about 159.99 lakh shares were traded on the NSE. On Wednesday (July 2), shares of HDB Financial Services were listed at Rs 835 on the NSE. The Rs 12,500-crore initial share sale of HDB Financial Services got subscribed 16.69 times on the closing day of bidding on Friday last week amid encouraging participation from institutional buyers. The HDB Financial Services IPO has a price band of Rs 700 to Rs 740 per share. The IPO was a combination of a fresh issue of equity shares worth Rs 2,500 crore and an offer-for-sale (OFS) of Rs 10,000 crore by promoter HDFC Bank. HDFC Bank Limited and Kotak Mahindra Bank Limited were the sponsor banks for the HDB Financial Services IPO. MUFG Intime India Private Limited (formerly Link Intime India Private Limited) was the registrar for the HDB Financial Services IPO. The HDB Financial IPO was the second-biggest in the last three years after South Korean automaker Hyundai's Rs 27,000-crore offer.
Mint
30-06-2025
- Business
- Mint
HDB Financial Services IPO allotment date likely today. Latest GMP, how to check share allotment status online
HDB Financial Services IPO Allotment: The initial public offering (IPO) of HDB Financial Services, a subsidiary of HDFC Bank, ended with strong strong demand. Investors now focus on HDB Financial Services IPO allotment date which is expected to be finalised soon. The public issue opened for subscription on June 25 and closed on June 27. HDB Financial Services IPO allotment date is likely today, June 30, and HDB Financial Services IPO listing date is expected to be July 2. The company is expected to finalise HDB Financial Services IPO allotment status soon. Once HDB Financial Services IPO allotment status is fixed, it will then credit the equity shares into the demat accounts of the eligible allotment holders and then initiate refunds to unsuccessful bidders on the same day. HDB Financial Services IPO allotment status online can be checked on the websites of BSE and NSE, along with the official portal of IPO registrar. MUFG Intime India Private Limited (Link Intime) is the HDB Financial Services IPO registrar. In order to check HDB Financial Services IPO allotment status online, investors must follow the below simple steps: 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. HDB Financial Services shares are showing a bullish trend in the unlisted market with a decent grey market premium (GMP) today. According to market experts, HDB Financial Services IPO GMP today is ₹ 57 per share. This means that HDB Financial Services shares are trading higher by ₹ 57 apiece than their issue price. HDB Financial Services IPO GMP today signals that the HDB Financial Services shares' estimated listing price would be ₹ 797 apiece, a premium of 7.7% to the IPO price of ₹ 740 per share. The bidding for HDB Financial Services IPO commenced on Wednesday, June 25, and concluded on Friday, June 27. HDB Financial Services IPO price band was fixed at ₹ 740 per share. The IPO size was ₹ 12,500 crore, which comprised a combination of fresh issue of 3.38 crore equity shares worth ₹ 2,500 crore, and an offer-for-sale (OFS) component of 13.51 crore shares accounting to ₹ 10,000 crore. HDB Financial Services IPO was subscribed by 16.69 times in total. The public issue received bids for 217.67 crore equity shares as against 13.04 crore on the offer, as per the IPO subscription data on NSE. The public issue has been 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. 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.
Mint
28-06-2025
- Business
- Mint
Stock market this week sees top gainers and losers you can't ignore
India recorded a current account surplus of USD 13.5 billion (1.3% of GDP) in Q4 of FY25, marking the first surplus in four quarters and showcasing the country's strong external position. This positive development was driven by record-high services exports and robust remittance inflows, which together reinforced the resilience of India's external sector. For the full fiscal year FY25, the current account deficit narrowed to just 0.6% of GDP, down from 0.7% in FY24, highlighting improved trade dynamics and better foreign exchange management. A surplus in the current account not only reflects strong demand for Indian services globally but also strengthens the Indian rupee, boosts investor confidence, and reduces the country's dependence on foreign capital. This positive shift enhances India's macroeconomic stability and signals a favorable outlook for global investors, making the Indian economy more resilient to global uncertainties. 2. Strong investor response to recent IPOs reflects market optimism. The recent IPO activity in the Indian market has shown encouraging signs of investor confidence. Indogulf Cropsciences Limited witnessed a healthy subscription of 0.98 times, reflecting steady interest from retail and institutional investors despite a competitive environment. Meanwhile, HDB Financial Services Limited, a subsidiary of HDFC Bank, received an overwhelming response with its IPO being oversubscribed by 17.65 times, showcasing strong investor trust in its financial strength and growth prospects. Even more impressive, Sambhv Steel Tubes Limited saw an extraordinary subscription of 30.33 times, signaling robust demand for industrial and manufacturing-based stocks. These oversubscriptions across diverse sectors—agriculture, financial services, and infrastructure—indicate a positive outlook among investors and a resilient capital market. Such strong participation is a testament to India's economic growth potential and the increasing appetite for new investment opportunities, setting a vibrant tone for the upcoming IPO season. The mutual fund industry continues to innovate and diversify with several New Fund Offers (NFOs) launched by prominent AMCs, reflecting a positive momentum in investor-centric offerings. Groww AMC has introduced the Groww Nifty India Internet ETF FoF, tapping into the booming digital economy. SBI AMC launched the Nifty200 Momentum 30 Index Fund, catering to investors seeking momentum-driven strategies. Union AMC brought in the Low Duration Fund, ideal for short-term parking with stability. Zerodha AMC unveiled its Silver ETF FoF, enabling access to precious metals diversification. *Kotak AMC's Nifty 200 Quality 30 Fund emphasizes high-quality stocks, while Bajaj Finserv AMC introduced a Small Cap Fund targeting high-growth potential companies. Lastly, Mahindra AMC launched a Banking & Financial Services Fund, aligned with India's robust financial sector outlook. These NFOs present varied and strategic investment opportunities, catering to diverse investor needs and reinforcing positive sentiment across asset classes. Index Returns Best Performers Worst Performers Bought and Sold Most Watchlisted Kuvera is a free direct mutual fund investing platform. Unless otherwise stated data sourced from BSE, NSE and kuvera.
