HDB Financial is India’s second-largest NBFC, focusing on underserved customers with limited credit history. With over 80% of its branches in smaller towns, it provides loans for businesses, vehicles, and personal needs, along with insurance and BPO services for HDFC Bank. Its “phygital” approach combines physical branches and digital services for broad customer reach.
HDB Financial Services launched its initial public offering (IPO) on June 25, 2025, the largest IPO of the year so far, with bidding open until June 27. Retail investors can apply for a minimum of one lot (20 shares), costing Rs 14,000. To increase chances amid high demand, it’s recommended to bid at the cutoff price of Rs 740, totaling an investment of Rs 14,800 per lot.
Review for HDB Financial IPO:
Investors can subscribe to the IPO for a short-term listing gain or for long-term investment potential.
Source: Zee Business
Disclaimer:
The information provided is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult a qualified advisor before making investment decisions. Investing carries risk, including potential loss of principal. Past performance is not indicative of future results.
Leave a Reply