HDB Financial Shares Jump Over 4%, Market Cap Tops Rs 72,400 Cr After Strong IPO Listing
HDB Financial Services shares surged over 4% on July 3, 2025, following a successful listing on the National Stock Exchange (NSE) just a day earlier. At 10 AM, the stock traded at Rs 876.75, up 4.26%, pushing the company’s market capitalisation to Rs 72,412 crore.
The non-banking financial company (NBFC) witnessed a trading volume of nearly 1.6 crore shares on the NSE. The IPO, which had a price band of Rs 700–Rs 740 per share, was listed at Rs 835 on July 2, marking a strong debut.
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The Rs 12,500-crore initial public offering (IPO) received an overwhelming response from investors, with the issue being subscribed 16.69 times. The offering included a fresh issue of Rs 2,500 crore and an offer for sale (OFS) worth Rs 10,000 crore by promoter HDFC Bank.
HDFC Bank and Kotak Mahindra Bank were the sponsor banks for the IPO, while MUFG Intime India Private Limited served as the registrar.
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This IPO is the second-largest in India in the past three years, trailing only Hyundai’s Rs 27,000-crore listing. The positive market response signals investor confidence in HDB Financial’s growth outlook and performance as a leading NBFC backed by HDFC Bank.
Disclaimer: This post is for general informational purposes only. It does not constitute financial advice. Please consult a qualified professional before making financial decisions.
