The IPO went for subscriptions from June 25-June 27, 2025, to be greeted by excitement by investors. The IPO was heavily demanded, having a subscription rate of 16.69 times, largely due to the Qualified Institutional Buyers at 55.47 times. In other words, this IPO went through tremendous demand. When the community and hence investors are eagerly awaiting the allotment status, we have brought you all that you need to know regarding how to check your allotment status, the GMP, and what to expect in the listing from July 2, 2025.
IPO Summary
HDB Financial Services IPO was to raise ₹12,500 crore with subscriptions opening on June 25 and closing on June 27, 2025. Here is the highlight:
With an overwhelming response from mainly the QIBs, this signals terrific faith in the potential for HDB Financial Services to grow. But what does this mean for retail investors like you? Let us look into the allotment status and what comes next.
How to Check Your Allotment Status
Checking the allotment status is an easy process and can be done from the following platforms: BSE, NSE, or MUFG Intime. Here is how to go about it for each site.
1. BSE Website
Open the BSE IPO allotment status page.
Select ‘Equity’ from the dropdown menu.
Select ‘HDB Financial Services IPO’.
Enter your Application Number or PAN.
Verify the captcha.
Click on ‘Search’ and view your status.
2. NSE Website
Go to the NSE IPO application tracking page.
Click on ‘Equity and SME IPO Bid Details’.
Select ‘HDB Financial Services IPO’.
Enter your application number and PAN.
Click on ‘Submit’ to view allotment.
3. MUFG Intime Website
Access the MUFG Intime IPO page.
Select ‘HDB Financial Services IPO’.
Choose your search method, i.e., PAN, Application Number, DP ID/Client ID, Bank Account Number).
Fill in the details required.
Complete the verificaon process
Click on Search to check if you have been allotted shares.
These platforms ease the confirmation of account status so that you may immediately know whether you are part of this exciting IPO.
Listing Details
The HDB Financial Services IPO is scheduled to be listed on the NSE and BSE on July 2, 2025. A leading group of banks manages the IPO, including BNP Paribas, JM Financial, BofA Securities, Goldman Sachs, HSBC, IIFL, Jefferies, Morgan Stanley, Motilal Oswal, Nomura, Nuvama, and UBS, with MUFG Intime functioning as the registrar. That endorsement goes a long way in elevating the stature of the IPO along with its likability among the investors.
Grey Market Premium (GMP)
As of 10:33 AM IST on 30 June 2025, the GMP for HDB Financial Services IPO is ₹59. This price indicates an approximate price of ₹799 on listing, based on the upper price band of ₹740, providing a theory of around 7.97% profits. These are very good numbers from an investor’s perspective, but one must also remember that GMP is an unofficial indicator, and market sentiments may lead to fluctuations in this premium. Never take GMP at face value and always consider other factors like the financial strength of the company and the prevailing market conditions.
Final Thoughts: A Bright Future Awaits
The HDB Financial Services IPO is more than just a numbers game: it presents an opportunity for investors to come along in the success story of one of the most reputable financial institutions in India. The excitement around it cannot be diminished by anyone; whether you are checking your allotment status or planning your investment strategy. Stay tuned for live updates, and best wishes on your investment journey!
