HDB Financial Services Lists at ₹835, Gains 12.84% Over IPO Price on Market Debut

Mumbai, July 2 – HDB Financial Services Ltd IPO (Ticker: HDBFS) made a strong debut on the BSE and NSE today, listing at ₹835, a 12.84% premium over its IPO issue price of ₹740.

The stock opened at ₹835, which also stood as the high and low in the pre-open session as of 09:43 AM IST.

The stock was listed on both NSE and BSE at ₹835, which was also the opening, high, and low in the pre-open session, as per official exchange data at 09:43 AM IST.

Listing Snapshot

Strong Demand at Open

• Buy Quantity: 3.81 crore shares
• Sell Quantity: 82.9 lakh shares
• VWAP (Volume Weighted Average Price): ₹835

The overwhelming buy-side interest indicates strong retail and institutional appetite post-allotment, possibly driven by HDB’s strong fundamentals, HDFC Bank parentage, and robust NBFC growth prospects.

IPO Recap

HDB Financial’s ₹12,500 crore IPO, which was entirely an Offer for Sale by HDFC Bank, was subscribed 16.69 times. The QIB portion alone was oversubscribed 55.47x, while retail participation stood at 1.41x.

About the Company

HDB Financial Services is a major non-deposit-taking NBFC offering personal loans, gold loans, auto loans, and BPO services across India. It is backed by HDFC Bank, India’s largest private-sector lender by market cap.

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