Listing Timeline & Highlights
- Listing Date: July 2, 2025 — officially commenced trading at 10:00 AM IST on both NSE & BSE .
- Issue Price: ₹740 per share, upper end of the ₹700–740 band .
- Listing Price: Debuted at ₹835, reflecting a 12.84% premium (₹95 jump) .
- Intra-Day High: Climbed to ₹845.75, closing at ₹840–841 on NSE .
- Market Cap at Debut: Valued around ₹70,200–70,800 crore, making it the 8th largest NBFC listed groww.in+2m.economictimes.com+2financialexpress.com+2.
- Grey Market Premium (GMP): Boasted ₹68–75 pre-listing, signaling a 9–11% expected pop livemint.com+3livemint.com+3livemint.com+3.
Why It Sparked Such a Strong Debut
- Massive Demand: IPO oversubscribed ~17× overall, with QIB bookings nearly 55×.
- Parent Backing: A trusted extension of HDFC Bank, lending credibility to the issue.
- Solid Fundamentals:
- AUM ~₹1 lakh crore; 21% CAGR since FY22 .
- Net profit of ₹2,460 crore in FY24, with healthy ROA/ROE metrics.
📈 What Analysts Say
- Emkay Global issued a “Buy” with a ₹900 target citing its strong reach and diversified loan book m.economictimes.com.
- Mehta Equities recommends a long-term hold, citing structural credit growth via SME and retail lending livemint.com+2livemint.com+2m.economictimes.com+2.
🤔 Should You Buy, Sell, or Hold?
| Investor Goal | Strategy |
|---|---|
| Missed IPO, seek entry | Wait for minor dips post-listing. |
| Allotted shares, long-term | Recommended to hold; strong growth outlook and brand backing. |
| Short-term gains | Listing delivered 13–14%; any dip can be a good buy opportunity. |
❓ FAQs
Q: When did HDB shares start trading on NSE?
A: July 2, 2025, from 10 AM IST, under ticker HDBFIN, alongside BSE listing. navbharattimes.indiatimes.com+12livemint.com+12m.economictimes.com+12moneycontrol.com+3hdfcsky.com+3m.economictimes.com+3
Q: What was the listing gain?
A: Shares debuted at ₹835—₹95 above the ₹740 IPO price—a 12.84% uplift.
Q: How hot was demand for the IPO?
A: Oversubscribed ~17× overall; QIB at 55×, NII 10×, and retail 1.4×.
Q: What’s HDB’s market position now?
A: With a market cap of ₹70k+ crore, it ranks as the 8th largest NBFC in India.
📢 Disclaimer
Information provided is for educational purposes. Stock prices and market movements may vary. Consult a certified financial advisor before making investment decisions.
