IPO Schedule
1
Open
25 Jun
2
Close
27 Jun
3
Allotment
-
4
Listing
2 Jul
HDB Financial Services IPO
Issue:₹740
List:₹919.08
CMP:₹700
NSELot: 20Mainboard
LISTEDMAINBOARD
Issue Price₹740
Listing₹919.08
Current₹700
Content
About HDB Financial Services
HDB Financial Services is a leading Non-Banking Financial Company (NBFC) focused on providing a wide range of loans and financial services to retail and commercial clients across India. They offer products like personal loans, business loans, loan against property, and vehicle loans, primarily catering to the underserved segments of the market.
Subscription Status
QIB
0.01x
NII
0.81x
Retail
0.33x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 58.64x | 0.93x | 0.01x |
| NII | 10.55x | 2.43x | 0.81x |
| Retail | 1.51x | 0.69x | 0.33x |
| Total | 17.65x | 1.23x | 0.40x |
Risk Factors
•Asset Quality: Vulnerability to asset quality deterioration due to economic downturns or changes in borrower behavior, impacting profitability.
•Regulatory Changes: Exposure to changes in regulations governing NBFCs, which could impact operations and profitability.
•Competition: Intense competition from banks, other NBFCs, and fintech companies, potentially impacting market share and margins.