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HDB Financial Services Ltd: IPO Snapshot

Issue Size: ₹12,500 crore (₹2,500 cr fresh issue + ₹10,000 cr offer-for-sale by HDFC Bank)

Face Value: ₹10 per share

Price Band: ₹700–740 per share

Lot Size: 20 shares (₹14,800 at ₹740)

Timeline

IPO Opens June 25, 2025
IPO Closes June 27, 2025
Share Allotment Date June 30, 2025
Refunds & Demat Credit July 1, 2025
Listing on NSE/BSE July 2, 2025
UPI Mandate Deadline June 27, 2025 (5 PM)

Financial Highlights & Use of Proceeds

AUM: ~₹1.07 lakh crore (as on March 31, 2025)

PAT FY25: ₹2,176 cr (up from ₹1,359 cr in FY24)

Asset Quality: GNPA ~2.49%, NNPA ~1.38%

Proceeds from fresh issue will boost Tier-I capital, supporting lending expansion, especially in MSME/rural segments

Strengths & Risks

Strengths: Strong HDFC Bank backing; diversified retail & SME lending via a “phygital” network of 1,700+ branches across 1,200+ towns

Valuation: Priced at 3.2–3.9× FY25/FY26 price-to-book—below peers' 4–4.4×, seen as attractively valued

Risks: Riding broader “mega IPO curse” in India; formal dependency on licensing from HDFC Bank

ITR Filing Due Date Extended!

The CBDT has officially extended the due date for filing Income Tax Returns (ITRs) for AY 2025-26 from 31st July 2025 to 15th September 2025.
The extension comes in light of major revisions in the ITR forms and to allow sufficient time for system readiness and accurate TDS credit reflection.

🗓️ New Due Date: 15th September 2025