The allotment status for the HDB Financial Services IPO is expected to be announced on Monday, June 30, 2025. Investors who applied for shares can check their allotment status online via the BSE, NSE, or MUFG Intime India (Link Intime) websites.
HDB Financial Services, a subsidiary of HDFC Bank, launched its ₹12,500-crore IPO between June 25 and June 27. The issue included a fresh issue of ₹2,500 crore and an offer-for-sale worth ₹10,000 crore. The IPO price band was set at ₹700 to ₹740 per share.
The public response was very strong. The IPO was subscribed 16.69 times overall. It was subscribed 5.72 times in the retail category, 9.99 times by Non-Institutional Investors (NII), and a massive 55.47 times by Qualified Institutional Buyers (QIBs).
While investor demand was high, the Grey Market Premium (GMP) has remained somewhat low. On the last update, the GMP was around ₹54 per share, indicating a likely listing price of ₹794, about 7.3% higher than the upper issue price.
Here’s how you can check the IPO allotment status:
1. On BSE Website
Go to: bseindia.com/investors/appli_check.aspx
- Select ‘Equity’
- Choose ‘HDB Financial Services’
- Enter your PAN or Application Number
- Verify and click ‘Search’
2. On NSE Website
Visit: nseindia.com
- Choose ‘Equity and SME IPO bids’
- Select the IPO name
- Enter PAN and Application Number
- Submit
3. On MUFG Intime Portal
Go to: in.mpms.mufg.com
- Choose the company
- Enter PAN/App No./DP ID
- Click Search
Once the allotment is finalised, shares will be credited to successful applicants by July 1, and listing is expected on July 2.
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