Press "Enter" to skip to content
WhatsApp Group Join Now
Telegram Group Join Now

HDB Financial Services IPO subscribed 37% on day 1; Check Latest Gmp, Subscription Status, Other Details

HDB Financial Services IPO: HDB Financial Services’ Initial Public Offering (IPO) is a book-built issue offering stock market investors a fresh issue of right shares amouncing to 2,500 Crore Along With An Offer-For-SALE 10,000 Crore. The IPO Opened for Public Subscription on Wednsday, 25 June 2025, and is Scheduled to Close on Friday, 27 June 2025.

Also read , HDB Fin Services Raises ₹ 3,369 CR From Anchor Round Ahead of iPo

Stock Market Investors Subscribed 37 per cent to the HDB Financial Services IPO, with Total Bids of 4,86,40,680, or more than 4.86 Crore Equity Shares, Compared to the 13,04,4,4,4,8555, or 13.04 Shares on offer.

Out of the three investor segments, the non-institutional investors (NII) Portnessed the Highest Bids, as Investors Subscribed for 76 per 76 per cent, or 1,83,65,840 shares, of the total 2,40,64,40,64,40,2866 Shares on offer for the segment.

Retail Investors Followed The Nii Lead, Coming in at 30 per cent subscription as subscribers bid for 1,69,88,080 shares out of the total 5,61,50,000 equity shares on offer BSE IPO Data.

Also read , HDB Financial Services: Gmp, Subscription Status, to review. Apply or not?

The data also showed that the Qualified Institutional Buyers (QIB) Port of the issue witnessed the least booking out of the three on day 1 as investors subscribed for 1 per cent or 3,32,980 shares out the utter 3,20,85,713 equity shares on offer.

The company raised 3,369 Crore from Marquee Anchor Investors Ahead of the Public Issue Opening for Subscription.

HDB Financial Services IPO Latest Gmp

As of Wednsday, 25 June 2025, The Grey Market Premium (Gmp) of HDB Financial Services IPO Stood at 50.5 per share. With the upper price band at 740, The Shares are expected to be listed at 790.5 Apiece, A Listing Premium of 6.82 per cent, according to investorgain data.

Gray Market Premium (Gmp) is an indicator of the investors’ willingness to subscribe to a primary issue. The Gmp of the IPO Dropped to its Current Level of 50.5 per share after the first bidding day, compared to 74 per share after the IPO’s anchor round.

Also read , Globe Civil IPO Vs HDB IPO Vs Kalpataru IPO: What Gmp Hints?

HDB Financial Services IPO Details

HDB Financial Services, Through a Book-Built Public Issue, is offering a fresh issue of equity shares amouncing to 2,500 Crore Along With An Offer-For-SALE 10,000 Crore from the Parent Company HDFC Bank.

The Public Issue is Scheduled to Open for Public Bidding on Wednsday, 25 June 2025, and Will Close on Friday, 27 June 2025. The company fixed the price band for the public is in the range of 700 to 740 per share with a lot size of 20 equity shares per lot.

JM Financial Limited, BNP Paribas, Bofa Securities India Limited, Goldman Sachs (India) Securities Private Limited, HSBC Securities & Capital Markets Pvt Ltd, IIFL CAPT LTD, IIFL CAPT LTD, IIFL CAPT LTD Jefferies India Private Limited, Morgan Stanley India Company Pvt Ltd, Motilal Oswal Investment Advisors Limited, Nomura Financial Advisory and Securities (India) Pvt Ltd, Nuvama You Limited, UBS Securities India Private Limited Are the Book-Running Lead Manners for the Public Issue, while Mufg Intime India Private Limited (Link INTIME) is the registrar to the registration.

Read all IPO-Related News Here

Read all stories by Anubhav mukherjee

Disclaimer: This story is for educational purposes only. The views and recommendations about individual analysts or broking companies, not mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.

Source link


Discover more from gautamkalal.com

Subscribe to get the latest posts sent to your email.

More from FinanceMore posts in Finance »

Be First to Comment

Leave a Reply