HDB Financial Services Ltd

The domestic equity benchmarks traded with minor cuts in morning trade. The Nifty traded above the 25,550 mark. Realty shares extended losses for the fifth consecutive trading sessions. At 10:30 IST, the barometer index, the S&P BSE Sensex shed 11.96 points or 0.02% to 83,688.14. The Nifty 50 index lost 24.55 points or 0.10% to 25,516.65. In the broader market, the S&P BSE Mid-Cap index fell 0.35% and the S&P BSE Small-Cap index declined 0.48%. The market breadth was negative. On the BSE 1,481 shares rose and 2,093 shares fell. A total of 199 shares were unchanged. New Listing: Shares of HDB Financial Services were currently trading at Rs 836.65 at 10:10 IST on the BSE, representing a premium of 13.06% compared with the issue price of Rs 740. The scrip was listed at Rs 835, exhibiting a premium of 12.83% to the issue price. So far, the stock has hit a high of 845.75 and a low of 834.40. On the BSE, over 34.29 lakh shares of the company were traded in the counter so far. Shares of Sambhv Steel Tubes were currently trading at Rs 100.75 at 10:10 IST on the BSE, representing a premium of 22.87% compared with the issue price of Rs 82. The scrip was listed at Rs 110.10, exhibiting a premium of 34.26% to the issue price. So far, the stock has hit a high of 110.89 and a low of 96.17. On the BSE, over 41.83 lakh shares of the company were traded in the counter so far. Buzzing Index: The Nifty Realty index declined 0.70% to 977.35. The index fell 4.15% in five consecutive trading sessions. Anant Raj (down 1.66%), Prestige Estates Projects (down 1.42%), DLF (down 1.17%), Sobha (down 0.85%), Oberoi Realty (down 0.71%), Phoenix Mills (down 0.63%), Godrej Properties (down 0.58%), Brigade Enterprises (down 0.58%) and Macrotech Developers (down 0.03%) declined. Stocks in Spotlight: Hero MotoCorp rose 0.21%. The company reported dispatching 553,963 units of motorcycles and scooters in June 2025, marking a 10.03% increase compared to 503,448 units dispatched in June 2024. JSW Energy shed 0.95%. The company said that its step-down subsidiary, JSW Renew Energy Thirty Seven has signed battery energy storage purchase agreements (BESPA) with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL) for 250 MW/500 MWh standalone battery energy storage system. Adani Ports and Special Economic Zone declined 0.21%. The company said that it has handled 41.3 MMT of cargo volume in June 2025, which is higher by 12% as compared with the volume of 37 MMT handled in June 2024. Powered by Capital Market - Live

The scrip was listed at Rs 835, exhibiting a premium of 12.84% to the issue price. So far, the stock has hit a high of 845.75 and a low of 829. On the BSE, over 43.43 lakh shares of the company were traded in the counter so far. The initial public offer of HDB Financial Services received was subscribed 16.69 times. The issue opened for bidding on 25 June 2025 and closed on 27 June 2025. The price band of the IPO is fixed between Rs 700 and 740 per share. The initial public offer (IPO) consisted of fresh issue to raise Rs 2,500 crore through issuance of 3.57 crore equity shares. The issue also consists of Offer for Sale (OFS) of Rs 10,000 crore through issuance of 13.51-14.29 crore equity shares from the promoter ' HDFC Bank. The promoter shareholding in the company would decline to 74.2% post- IPO from 94.04% pre-IPO. The company proposes to utilized the net proceeds from the fresh issue towards augmenting the capital base to meet future capital requirements. HDB Financial Services incorporated in 2007 is the seventh largest leading, diversified retail-focused non-banking financial company (NBFC) in India in terms of the size of gross loan book at Rs 90,220 crore at end March 2024. It is categorized as an Upper Layer NBFC (NBFC-UL) by the RBI. HDFC Bank held a 94.04% stake in the company. The company is a subsidiary of HDFC Bank, which is the largest private sector bank in India with businesses (including those of its subsidiaries) spanning across retail and commercial banking, asset management, life insurance, general insurance and broking. The omni-channel 'phygital' distribution model combines a large branch network, in-house tele-calling teams and various external distribution networks and channel partners. The loan book is well seasoned as it has weathered multiple credit cycles in India since inception. GNPA ratio was healthy at 2.26% and NNPA at 0.99% at end March 2025. The company is focused on highly conservative policies for provisioning, with 55.95% of Provisioning Coverage Ratio at end March 2025, the third highest amongst the peers and a 3.31% provisioning on loan book at end March 2025. It has a pan-India network of 1,771 branches in 1,170 towns and cities across 31 States and Union Territories. The distribution network is complemented by external distribution channel partnerships with over 80 brands and original equipment manufacturers (OEMs) and external distribution networks with over 140,000 retailers and dealer touchpoints at end March 2025. Ahead of the IPO, HDB Financial Services on Tuesday, 24 June 2025, raised Rs 3,369 crore by issuing 4.55 crore equity shares to anchor investors at Rs 740 each. The firm reported a standalone net profit of Rs 2,115.81 crore and total income of Rs 13,835.79 crore for the nine months ended on 31 December 2024.Powered by Capital Market - Live

The equity shares of HDB Financial Services (Scrip Code: 544429) are listed and admitted to dealings on the Exchange in the list of ''B'' Group Securities. In the pre-open session for newly listed IPO shares, the indicative price of the stock is at a premium of 6.08% over the IPO price of Rs 740. This IPO received bids for 2,17,68,60,980 shares against 13,04,42,855 shares on offer. The issue was subscribed 16.69 times.Powered by Capital Market - Live