HDB Financial Services IPO Opens June 25: All You Need to Know
IPO Dates and Price Band
The HDB Financial Services IPO, backed by HDFC Bank, will open for public subscription from June 25 to June 27, 2025. The price band is set between ₹700 and ₹740 per share.

HDB Financial Services IPO opens June 25 with a ₹12,500 crore issue and ₹700–₹740 price band. Backed by HDFC Bank. SEO keyword: HDB Financial Services
Biggest IPO Since Hyundai’s
With a total issue size of ₹12,500 crore, this is India’s largest IPO in 2025 so far and the biggest since Hyundai Motor India’s ₹27,000 crore IPO in 2024.


IPO Structure: Fresh Issue + OFS
The IPO consists of:
- ₹10,000 crore via Offer for Sale (OFS) by HDFC Bank
- ₹2,500 crore from fresh equity shares
HDFC Bank is reducing its 94.6% stake in HDB Financial as part of regulatory and capital management goals.
Who Can Apply?
The IPO includes special reservations for HDFC Bank shareholders and HDB employees. This means current shareholders of HDFC Bank get a chance to invest with priority access.
READ MORE: How to Build a Rs 1 Crore Corpus: The 15/15/15 Rule of Mutual Fund Investing
What Does HDB Financial Do?
HDB Financial Services is a top non-banking financial company (NBFC) that offers:
- Personal loans
- Business loans
- Gold loans
- Vehicle loans
- Loans against property
It serves both retail and commercial borrowers, especially in semi-urban and rural areas.
Use of Funds and Market Timing
The ₹2,500 crore from the fresh issue will help improve capital adequacy and fund future loan growth. The IPO comes at a time when investor sentiment is high, and markets are recovering well.
Why This IPO Matters
- Backed by strong HDFC brand
- Focused on affordable credit for India’s heartland
- Entering markets at a time of strong liquidity and rising interest
Analysts expect strong demand from both retail and institutional investors.
HDB Financial Services is launching its ₹12,500 crore IPO on June 25, with shares priced between ₹700–₹740. Backed by HDFC Bank and with strong growth potential, this IPO is attracting a lot of interest.
If you’re looking to invest in a well-known NBFC with a strong track record, HDB Financial’s IPO could be a smart move. With its massive network, solid backing, and future-ready strategy, this public issue is one to watch closely.
Disclaimer: This is not financial or investment advice. Please conduct your own due diligence or seek expert guidance for financial planning.
READ MORE: 20 Factors to Consider Before Investing in Mutual Funds

