HDB Financial Services IPO Surpasses 16x Subscription

  Published 1 year ago

HDB Financial Services IPO subscribed 16.69x, listed at Rs 835 with 12.84% premium, raising Rs 13,369 crore via fresh issue and OFS.

  • Top NBFC with Rs 90,220 crore loan book, 74.2% promoter stake post IPO, and 1,771 pan-India branches.
  • Healthy GNPA 2.26%, NNPA 0.99%, and 55.95% provisioning coverage, third highest among peers.
  • Raised Rs 3,369 crore from anchor investors at Rs 740, reporting Rs 2,115.81 crore net profit in 9M 2024.

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