LIVE: HDB Financial Services’ ₹12,500-Cr IPO subscribed 16.69x on its final bidding day

HDB Financial Services’ ₹12,500 crore Initial Public Offering (IPO) has seen overwhelming interest from investors, with the issue being subscribed 16.69 times on its final bidding day. The strong demand marks a significant milestone for the company, highlighting investor confidence in its growth prospects. The IPO, which opened for subscription earlier this week, attracted bids from both institutional and retail investors, eager to capitalize on one of the largest IPOs in recent times. As of 8:35 PM on June 27, 2025, the Grey Market Premium (GMP) for HDB Financial Services stood at ₹54, suggesting a listing gain of approximately 7.3%. This premium indicates positive market sentiment and suggests that the stock is expected to perform well upon listing. The GMP is often viewed as a barometer for investor expectations and can provide insights into the potential market performance of newly listed shares. Market analysts attribute the high subscription rate to HDB Financial Services' robust financial health and strong parentage under HDFC Bank. The company’s strategic focus on expanding its lending portfolio and enhancing digital capabilities has resonated well with investors. As the IPO closes, all eyes will be on the listing performance, with many anticipating a solid debut driven by the substantial demand and promising market outlook.

— Authored by Next24 Live