MUMBAI | HDB Financial Services Ltd is set to launch its much-anticipated Initial Public Offering (IPO) worth ₹12,500 crore on Wednesday, June 25, 2025. The price band for the equity shares has been fixed at ₹700–₹740 per share with a face value of ₹10.
The offering comprises a fresh issue of ₹2,500 crore and an offer for sale of ₹10,000 crore by HDFC Bank Ltd. The IPO will close on Friday, June 27, while the anchor investor bidding date is Tuesday, June 24. Bids can be placed for a minimum of 20 shares and in multiples thereafter.
The company plans to use proceeds from the fresh issue to strengthen its Tier-I capital base and support business expansion. The equity shares are proposed to be listed on both BSE and NSE, with NSE as the designated stock exchange.
