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IPO Synopsis

HDB Financial Services Ltd
Initial public offer of up to [*] equity shares of face value of Rs.10 each ("equity shares") of hdb financial services limited ("company") for cash at a price of Rs.[*] per equity share of face value of Rs.10 each (including a share premium of Rs.[*] per equity share) ("offer price") aggregating up to Rs.12500.0 crores ("the offer") comprising a fresh issue of up to [*] equity shares of face value of Rs.10 each aggregating up to Rs.2500.0 crores by the company ("fresh issue") and an offer for sale of up to [*] equity shares of face value of Rs.10 each aggregating up to Rs. 10000.0 crores by HDFC Bank Limited ("promoter selling shareholder", and such equity shares, the "offered shares") ("offer for sale", and together with the fresh issue, the "offer"). The offer includes a reservation of up to [*] equity shares of face value of Rs.10 each (constituting up to [*]% of the post-offer paid-up equity share capital of the company) aggregating up to Rs. 20 crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion") and a reservation of up to [*] equity shares of face value of Rs.10 each (constituting up to [*]% of the post-issue paid-up equity share capital) aggregating up to Rs. 1250 crores for subscription by eligible HDFC Bank shareholders ("HDFC Bank shareholder reservation portion"). The offer less the employee reservation portion and HDFC Bank shareholder reservation portion is hereinafter referred to as the "net offer". The offer and the net offer will constitute [*]% and [*]% of the post-offer paid-up equity share capital, respectively. Price band: Rs. 700/- to Rs. 740- per equity share of face value Rs. 10/- each. The floor price is 70 times of the face value and the cap price is 74 times of the face value of the equity shares. Bids can be made for a minimum of 20 equity shares and in multiples of 20 equity shares thereafter.
Issue
Opens On Closes On
25-Jun-25 27-Jun-25
Money Payable On
Application Allotment
700.00 0.00
Minimum Application for shares in Nos : 20 Further Multiples of : 20
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 BNP Paribas
Project Financed through Current Offer (.Cr) 12500.00  
Post Issue Equity Share Capital (.Cr) 827.75
Issue Price () 700.00
Projects
Augmention of the company's Tier-I capital base to meet the company
Promoted By
HDFC Bank Ltd
Listing At
BSE
NSE
Registrar to the Issue
MUFG Intime India Pvt Ltd
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