HDB Financial Services IPO Allotment Finalised Today; Listing Scheduled for July 2 on BSE and NSE

Mumbai, July 1 – HDB Financial Services Ltd, the non-banking financial subsidiary of HDFC Bank, has completed the IPO allotment process today, following its massively oversubscribed ₹12,500 crore public issue. The company’s equity shares will be listed on the BSE and NSE tomorrow, July 2, 2025, under the symbol HDBFIN.

The IPO, which ran from June 25 to June 27, saw widespread interest across investor categories, leading to a total subscription of 16.69 times.

Allotment Status Finalized; Shares Credited and Refunds Initiated

The registrar finalized share allotment on the morning of July 1, and successful applicants have received credit of shares to their demat accounts. Refunds for unallotted bids via UPI and ASBA have also been processed.

Investors can check their allotment status through:

How to Check HDB IPO Allotment Status Online

1. 1. Open the portal: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
   2. From the “Select Company” dropdown, choose “HDB Financial Services Ltd – IPO.”
   3. Enter any one of the following credentials:
      1. PAN
      2. Application No.
      3. DP/Client ID
      4. Bank Account No. / IFSC
   4. Click “Submit” to view your allotment status.
   5. If allotted, you’ll see the number of shares allocated; if not, no allotment is shown

Or

• BSE website: https://www.bseindia.com/investors/appli_check.aspx
• Registrar portal (KFin Technologies or Link Intime)

Final Subscription Breakdown

Investor Category	Subscription (x)
QIBs (Qualified Institutions)	55.47x
Non-Institutional Investors	9.98x
Retail Investors (RIIs)	1.41x
HDFC Bank Shareholders	4.25x
Employees	5.71x
Overall	16.69x

Listing Details

• Listing Date: Wednesday, July 2, 2025
• Exchanges: NSE and BSE
• Symbol: HDBFIN
• Final Issue Price: ₹740 per share (upper end of the price band ₹695–₹740)

About HDB Financial Services

HDB Financial Services is a prominent NBFC engaged in personal loans, auto loans, gold loans, consumer durable financing, and BPO services. With over 1,500 branches and strategic support from HDFC Bank, the company is well-positioned to benefit from India’s expanding retail credit market.

REF: https://hdfcsky.com/ipo/hdb-financial-services-ipo

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