HDB Financial Services Limited
25 Jun 2025 – 27 Jun 2025
LISTED
Offer Price
₹700–740
Bid lot
20
Min Application
₹14,800
Issue Size
₹12,500 Cr
Key dates
Open date
25 Jun 2025
Done
Close date
27 Jun 2025
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
02 Jul 2025
Today
Lot ladder — how much to bid
1 lot = 20 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
20 sh · ₹14,800
Max · 13 lots
260 sh · ₹1,92,400
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
280 sh · ₹2,07,200
Max · 67 lots
1,340 sh · ₹9,91,600
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
1,360 sh · ₹10,06,400
Entry point
₹10,06,400 onward
Issue details
Lead managersJM Financial Limited, BNP Paribas, BofA Securities India Limited, Goldman Sachs (India) Securities Private Limited, HSBC Securities and Capital Markets (India) Private Limited, IIFL Capital Services Limited (Formerly known as IIFL Securities Limited), Jefferies India Private Limited, Morgan Stanley India Company Private Limited, Motilal Oswal Investment Advisors Limited, Nomura Financial Advisory and Securities (India) Private Limited, Nuvama Wealth Management Limited, UBS Securities India Private Limited
Face value₹10
Listing onNSE
RegistrarMUFG Intime India Private Limited (formerly Link Intime India Private Limited)
Grey-market sentiment
No grey-market data yet.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the HDB Financial Services Limited IPO?
One lot of 20 shares — ₹14,800 at the upper price band of ₹740.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2025-07-02 on NSE.