HDB IPO Allotment Status Live: Here’s How to Check Your Share Allocation Online
By Ankur Chandra | Updated at: Jul 1, 2025 04:14 PM IST

Mumbai, July 01, 2025- Following the blockbuster response to the ₹12,500 crore HDB Financial Services IPO, investors are now eagerly awaiting the share allotment results. With the issue subscribed 16.69 times overall, demand was particularly intense among Qualified Institutional Buyers (QIBs), High Net-worth Individuals (HNIs), and shareholders of HDFC Bank.
The HDB IPO allotment status is now live as of July 01, 2025. Retail investors can check if they have received shares by following a few simple online steps.
How to Check HDB IPO Allotment Status Online
-
- Open the portal: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
- From the “Select Company” dropdown, choose “HDB Financial Services Ltd – IPO.”
- Enter any one of the following credentials:
- PAN
- Application No.
- DP/Client ID
- Bank Account No. / IFSC
- Click “Submit” to view your allotment status.
- If allotted, you’ll see the number of shares allocated; if not, no allotment is shown

Or
How to Check HDB Financial IPO Allotment Status on BSE
Investors can use the official BSE website to check their allotment status:
Step-by-step process:
- Visit the BSE IPO allotment page: https://www.bseindia.com/investors/appli_check.aspx
- Under Issue Type, select ‘Equity’
- In Issue Name, choose ‘HDB Financial Services Ltd’ from the dropdown
- Enter your Application Number or PAN
- Confirm you are not a robot by ticking the CAPTCHA checkbox
- Click on ‘Search’ to view your allotment status
If allotted, the number of shares and the amount debited will be displayed. If not, the status will indicate “No allotment.”
Alternative Methods
Apart from BSE, investors can also check allotment status through:
- Registrar’s website: The registrar to the issue (such as KFin Technologies or Link Intime) will have a dedicated allotment status portal.
- Brokerage platforms: Most stockbrokers, including Zerodha, Groww, Upstox, and ICICI Direct, notify clients of allotment results directly in their IPO dashboard.
- Email/SMS Alerts: Investors who applied via UPI or ASBA should also receive a confirmation from their bank or UPI app upon share credit or refund.
What Happens After Allotment?
- Credit of Shares: Allotted shares will be credited to the investor’s demat account before the listing date.
- Refunds: In case of non-allotment or partial allotment, the blocked amount will be unblocked or refunded to the investor’s bank account as per SEBI timelines.
- Listing Date: The equity shares of HDB Financial are likely to list on NSE and BSE next week, with market experts expecting a strong premium on debut based on subscription and grey market momentum.
About HDB Financial Services
HDB Financial is a leading non-deposit-taking NBFC offering secured and unsecured retail loans and BPO services. A subsidiary of HDFC Bank, the company serves India’s growing consumer finance needs, especially in underserved urban and semi-urban markets.
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