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HDB Financial IPO 2025: Dates, Price, Review & Allotment Details
- Issue Size: ₹12,500 crore (₹2,500 cr fresh issue + ₹10,000 cr Offer‑for‑Sale by HDFC Bank)
- Face Value: ₹10 per share
- Promoter: HDFC Bank holds ~94.4–94.8% stake pre-IPO
- Lead Managers: Major banks including JM Financial, BNP Paribas, BofA, Goldman Sachs, HSBC, IIFL, Jefferies, Morgan Stanley, Motilal Oswal, Nomura, Nuvama, UBS
- Registrar: Link Intime India Pvt Ltd
🗓️ Timeline
- SEBI Approval Received: June 3, 2025
- Expected IPO Launch: Mid‑July 2025 (to meet RBI’s upper-layer NBFC listing deadline by Sept 2025)
- Listing Timeline: Expected between July–August 2025
Oswal Pumps IPO: Date, Price, GMP, Allotment & Full Review
💰 IPO Structure & Investor Quotas
- Fresh Issue: ₹2,500 crore to bolster Tier‑I capital
- OFS: ₹10,000 crore by HDFC Bank to trim stake while retaining operational control
Investor Allocation:
- Retail: 35%,
- QIB: 50%,
- HNI/NII: 15%
📈 Financial Snapshot
| FY | Revenue (₹ cr) | PAT (₹ cr) | EPS (₹) | ROE (%) |
|---|---|---|---|---|
| FY2022 | 11,306 | 1,011 | 12.80 | 11.25 |
| FY2023 | 12,402 | 1,959 | 24.76 | 18.68 |
| FY2024 | 14,171 | 2,460 | 31.08 | 19.55 |
- Loan book as of Sept 2024: ₹98,600 cr; 17.5 mn customers; 1,772 branches
- FY24 net profit of ₹2,460 cr with strong CAGR and stable credit under Upper‑Layer NBFC norms
Daily SIP Investment Guide: Benefits, Plans & How to Start
🚀 Strengths & Risks
Strengths:
- Largest NBFC IPO of 2025; enhances brand visibility & transparency
- Well-diversified lending portfolio: MSME, asset, consumer finance; robust underwriting & collection teams
- High-quality peer performance: solid EPS, ROE, and credit ratings
Risks:
- Subject to macroeconomic variables: interest rates, inflation, NPAs (~2.1% Gross S3 loan ratio)
- Heavy reliance on unsecured lending; promoter concentration from HDFC Bank (>90% control)
- Regulatory oversight as an “Upper‑Layer” NBFC with mandatory listing by September 2025
📌 Should You Apply?
- Pros: Leading NBFC franchise, solid growth, strong financials, meets regulatory goals, transparency; potential listing buzz.
- Cons: IPO priced at premium; market volatility; sector risks from rising interest rates and NPAs.
Best For: Long-term investors seeking exposure to India’s growing credit market. Short-term investors should assess market sentiment post-listing.
How to Diversify Your Investment Portfolio in 2025 with SIPs, Gold & More
🔍 Next Steps
- Watch updates: price band, lot size, opening/closing dates (likely released late June/early July).
- Track allotment: via Link Intime, BSE/NSE portals, or broker platforms
- Review RHP/UDRHP for full valuation metrics (P/B, P/E expectations).
Let me know if you’d like peer comparisons (e.g., Bajaj Finance), updates on GMP, or help tracking allotment and listing performance!