HDFC Bank Share Price News: HDB Financial Services Lists at ₹835, Up 12.84% from IPO Price

Market Performance

HDB Financial Services, backed by HDFC Bank, made a robust debut on July 2, listing at ₹835 on both NSE and BSE.

• Listing Price: ₹835
• IPO Price: ₹740
• Listing Premium: 12.84%

The strong listing performance has brought attention back to the HDFC Bank share price, especially as investors monitor the company's growing ecosystem.

Main News: One of India's Largest IPOs

The public issue of HDB Financial Services concluded with an overwhelming response.

• IPO Size: ₹12,500 Crore
• Rank: 4th largest in Indian IPO history
• IPO Open: June 25
• IPO Close: June 27

The IPO was only behind Hyundai, LIC, and Paytm in terms of overall size, making it a key milestone in India's capital markets.

Subscription Details

The IPO saw impressive participation across all investor categories:

• Total Subscription: 17.65 times
• Total Bids: 217.78 Crore shares
• Shares on Offer: 12.33 Crore

Breakdown by Investor Category:

• Retail Investors: 1.51 times
• Non-Institutional Investors (NII): 10.55 times
• Qualified Institutional Buyers (QIBs): 58.64 times
• Employee Category: 6.03 times
• Others: 4.5 times

The high subscription figures contributed to a confident market debut, further fueling interest in HDFC Bank share price trends.

IPO Structure

The issue consisted of both fresh shares and an offer for sale (OFS):

• Fresh Issue:
  • Shares: 3.38 Crore
  • Value: ₹2,500 Crore
• Offer for Sale:
  • Shares: 13.51 Crore
  • Value: ₹10,000 Crore
• Minimum Application: 20 shares
• Minimum Investment: ₹14,800 for retail investors

In addition, the IPO attracted ₹3,369 Crore from anchor investors on June 24, 2025, further strengthening investor confidence.

Company Details: HDB Financial Services

Founded in 2007, HDB Financial Services is a retail-focused non-banking financial company (NBFC).

Core Operations:

• Enterprise Lending
• Asset Finance
• Consumer Finance

Additional Services:

• Business Process Outsourcing (BPO): Back-office support, sales assistance, and collections
• Insurance Distribution: Fee-based service offered to lending customers

The company's operational strategy is based on a "phygital" model, combining:

• Physical Branch Network
• Tele-calling Teams
• Digital Channels
• External Distribution Partners

This hybrid approach boosts customer reach and enhances service delivery.

Summary of the Article

• HDFC Bank share price gains attention after HDB Financial's listing at ₹835
• The IPO size of ₹12,500 Crore places it among India's largest
• Subscriptions crossed 17.65 times, led by strong QIB interest
• The offering included both a fresh issue and an offer for sale
• The company leverages a phygital model across NBFC services
• The successful listing reflects positively on HDFC Bank-backed ventures