Let’s have a detailed review of the company and analytics of the HDB Financial Services IPO release date, IPO offer price, subscription, HDB Financial Services Limited IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things.

Face ValueRs 10
Price BandRs [●]
Listing AtBSE SME
Min. Order QuantityNA
Listing DateNA
Offer for SaleRs Lakh
Fresh IssueRs Lakh
IPO SizeRs Lakh
Tick Size1

HDB Financial Services IPO is listed at [●] premium. Check out the live share price by clicking on the below link.

HDB Financial Services Share Price – Live Performance

HDB Financial Services IPO – Summary

HDB Financial Services IPO

HDB Financial Services being a subsidiary of HDFC Bank, is a NBFC, i.e. a Non Banking Financial Company, which came into existence in the year 2007. They have clients from the domains of retail as well as business entities, and have been efficiently catering for their growing needs.

HDB Financial Services is a reputed firm, which has grown into prominence quite early, and the brand association speaks for the quality. They provide lending services and also BPO services.

The Promoter of this company is NA. The lead manager to the issue is NA, and the Registrar to this issue is NA.


HDB Financial Services IPO Date

The opening and the closing date of IPO of HDB Financial Services Limited is not available yet.


HDB Financial Services Limited IPO Subscription

Day / DateQIBNIIRIITotal Subscription
1st Day – 
2nd Day –  
3rd Day – 
Shares Offered or Net Issue

The shares subscribed by the public will be updated here.


HDB Financial Services IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment status is not yet disclosed.

HDB Financial Services Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing and more:

Basis of Allotment Finalization
Refunds Initiation
Credit of Shares to Demat Account
Share Listing Date

HDB Financial Services IPO Price Band / Cash Price

The face value of each share is Rs.10, but the price band of the IPO is Rs.[●] 


HDB Financial Services IPO Equity Size

This Initial Public Issue of [●] Equity Shares of Rs.10 each for cash at a price of Rs.[●]  per equity share aggregating to Rs.[●] Lakh.


HDB Financial Services IPO Share Offering

Net Issue: [●] equity Shares of Rs.10 each.

Offer for Sale: [●]  Equity Shares of Rs.10 each, aggregating to Rs.[●] Lakh

Issue Size: [●]  Equity Shares of Rs.10 each, aggregating to Rs.[●] Lakh


HDB Financial Services IPO – Live Performance

The listing date of this IPO is [●] . You can check the live performance of the IPO here, only after it is listed on exchanges.

Live IPO Performance – HDB Financial Services Share Price

HDB Financial Services IPO Grey Market Premium

The HDB Financial Services Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 


HDB Financial Services IPO – Company Overview

HDB Financial Services has emerged as a brand well recognized in the NBFC industry. They are into the business of lending and BPO Services. As far as the reliability of this company is of concern, they have CARE AAA & CRISIL AAA ratings for its long-term debt & Bank facilities.

On the other front, their short term instruments and debt has the rating of A1+. This is the significance and quality assurance the company has earned in the domain they serve.

Furthermore, they have successfully expanded to over 1500 branches and have presence in 24 states, and 3 union territories are an inclusive as well.

Business verticals briefly described are secured and unsecured loans, delivers back office services such as forms processing, documents verification, finance and accounting services and correspondence management. The services further include front office such as Contact center management, Outbound marketing and collection services.

HDB Financial Services IPO Business Verticals

Company’s main lines of business include:

Lending Activities

  • The company offers a wide range of secured and unsecured loans to its customers.

BPO Services Company’s BPO services division delivers back office services such as:

  • Forms processing
  • Documents verification
  • Finance and accounting services
  • Correspondence management

HDB Financial Services IPO – Financial Statements

A quick look into the past financial performance of the company to understand its performance of business and evaluate the growth prospectus:

Financial Summary:

Amount (in INR & Lakh)
30-Jun-2031-Mar-20Mar-1931-Mar-18
Total Assets6,07,14556,540.3245,446.52
*Total Revenue4,083294.92164.67
Total Expense31,9567,000.755,591.01
Profit After Tax92,9201,149.81929.38

Earnings per Equity Share (in Lakh)

30-Jun-2031-Mar-20Mar-1931-Mar-18
Basic & Diluted

HDB Financial Services Limited IPO – Promoters

The Promoter of this company is:

List of Related Parties (Key Managerial Personnel)

  • NA, Chairman & Managing Director
  • NA, Chief Financial Officer
  • NA, Company Secretary and Compliance Officer

Competitive Strengths of HDB Financial Services Limited

  • Total revenue of the company has been increasing with a CAGR of 34% from last 4 years.
  • IPO which is expected to be oversubscribed as every HDFC IPO has done in past.
  • Operating profits has been increasing with a CAGR of 23%.
  • Net interest margin has increased from 5.7% to 6.8%.
  • Company’s rise in NPAs has been in-line with the Industry.

HDB Financial Services Limited IPO Offer Details or Issue Details

 Particulars No. Of Equity Shares
 Equity Shares Offered Up to [●] Equity Shares aggregating up to Rs.[●] Lakh
of which:
Issue Reserved for the Market MakersUp to [●] Equity Shares aggregating up to Rs.[●]
Lakh
Net Issue to the PublicUp to [●] Equity Shares aggregating up to Rs.[●]
Lakh
Of which:
Retail Investors Portion Not less than [●] Equity Shares
Other than Retail Individual InvestorsNot more than [●] Equity Shares
 Equity Shares outstanding prior to the Issue[●] Equity Shares
 Equity Shares outstanding after the Issue[●] Equity Shares

HDB Financial Services IPO Issue Object

Their Company proposes to utilise the Net Proceeds towards funding the following objects:

 

Business strategies of HDB Financial Services Limited


HDB Financial Services Limited IPO – Basis of the Offer Price

The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

Qualitative factors are:

The relevant quantitative factors are:

Basic & Diluted EPSRONW (%)NAV (Rs.)
31-Mar-20
31-Mar-19
31-Mar-18

HDB Financial Services IPO : Competitive Peers

  • We can see a strong correlation between HDB Financial Services and Bajaj Finance. Bajaj Finance is currently trading at a TTM P/B multiple of 5.24 which is lower than its 3 year median TTM P/B multiple of 8 .18.
  • With time Bajaj Finance is bound to jump back to its median P/B which means a 58% upside for Bajaj Finance stock. Keeping this in mind we can witness a rally of atleast 50% in HDB Financial Services which would take the share price to Rs 1150.
  • Considering this we believe the accumulation phase for HDB is between Rs 800 – Rs 1150 levels.
  • Last QIP of Bajaj Finance was at Rs 4,019.78 which makes sense that the
Face Value (Rs.)P/EEPS  (Rs.)Return on Net Worth (%)Total Income (Rs. in Crores)
HDB Financial Services Limited
Listed Peers

HDB Financial Services IPO Lead Managers

Lead Managers
NA

HDB Financial Services IPO Registrar to offer

Registrar to the Offer
NA

HDB Financial Services IPO – Other Details

  • Statutory Auditor – NA
  • Legal Counsel to the Company – NA
  • Bankers to the Company –  NA


HDB Financial Services Limited IPO Review by Top 10 Stock Brokers

Top Stock Brokers ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromoters Reputation
Angel Broking7.5/107.4/108.5/108.1/107.1/10
Sharekhan7.2/107.1/108.6/108.1/107.2/10
Kotak Securities7.3/107.5/108.4/108.1/107.3/10
ICICI Direct7.3/107.3/108.7/108.1/107.1/10
IIFL7.5/107.2/108.8/108.0/107.1/10
Edelweiss7.5/107.4/108.4/108.3/107.2/10
Zerodha7.4/107.1/108.5/108.1/107.0/10
5Paisa7.1/107.1/108.4/108.1/107.1/10
Karvy7.4/107.3/108.2/108.1/107.1/10
Motilal Oswal7.1/107.1/108.6/108.3/107.2/10

 


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    HDB Financial Services Limited IPO News

    News 1 – HDB Financial Services Limited IPO RHP Download


    HDB Financial Services IPO Review FAQs

    Ques – What is the Issue Size of HDB Financial Services IPO?

    Answer – The Company is making an initial public offer of NA equity shares. We vividly portray the aspects of the issue in this article. You can check the stats on fresh issue, Offer for sale, and the net issue.

    Ques – What is the Price band?

    Answer – The price band for this particular IPO ranges between NA. As far as the face value of the share is of concern, it is Rs.10 per share.

    Ques – What is the HDB Financial Services IPO Open Date?

    Answer – The opening and closing date for the IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.

    Ques – What is the IPO Allotment Date?

    Answer – We also have the news regarding the respective allotment dates. Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA and share listing date is on NA.

    Ques – What is the IPO Listing Date?

    Answer – Shares of this company shall be listed in the exchanges NA. Date when the listing would be done is stagnant on NA.

    Ques – Who is the Registrar of this IPO?

    Answer – One of the reputed registrars are managing the issue of this IPO, i.e. NA. Their website will help you regarding the further information you are on a lookout for.

    Ques – Who is the Promoter of this Company?

    Answer – Here are the promoters of this company – NA. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

    Ques – What is GMP of HDB Financial Services IPO?

    Answer – We have obtained the GMP of this IPO and it is NA. The further insights of Kostak rate and subject to sauda or SS are as well included in this report.

    Ques – Is HDB Financial Services IPO good for Investment?

    Answer – We have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

    Ques – What is the PAT of this Company?

    Answer – We have the information of company financials, and according to that, we have the figures from the last few years to provide. PAT for the financial year 2020 in Lakhs is NA, 2019 is NA, 2018 is NA. PAT from Sep 2020 is NA.


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