HDB Financial Services set for IPO Next Week; Check Details Here
New Delhi: HDFC Ltd’s subsidiary HDB Financial Services has filed a Red Herring Prospectus dated June 19, 2025, with the Registrar of Companies, Gujarat, Dadra and Nagar Haveli at Ahmedabad in connection with its Initial Public Offer (IPO) of equity shares. The Parent company informed through exchanges.
The initial public offering consists of equity shares of face value of Rs 10 each, comprising a fresh issue of equity shares aggregating up to Rs 25,000.0 million and an offer for sale of Equity Shares aggregating up to Rs 100,000.0 million by HDFC Bank Ltd., which is a promoter of the company.
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This offer includes reservation for subscription by the eligible employees of the company and eligible HDFC Bank Shareholders. Further, it should be noted that the Bid or Offer opens on Wednesday June 25 2025 and will closes on Friday June 27, 2025. The Anchor Investor Bidding Date shall be Tuesday June 24, 2025.
Read Also : NALCO gears up for International Day of Yoga 2025According to sources, the minimum grey market premium is Rs 0.00 and the maximum GMP is above Rs 100. The shares of HDB Financial Services will be likely listed on BSE and NSE on July 2.
Currently, the HDFC Bank holds 94.3% share in HDB Financial ahead of IPO.
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