Dehradun: HDB Financial Services Limited (“HDB Financial” or “The Company”) shall open its Bid / Offer in relation to its initial public offer of Equity Shares on Wednesday, June 25, 2025.
The Anchor Investor Bidding Date shall be Tuesday, June 24, 2025. The Bid/Offer will close on Friday, June 27, 2025. Bids can be made for a minimum of 20 Equity Shares and in multiples of 20 Equity Shares thereafter. (“Bid Details”) The Price Band of the Offer has been fixed at ₹ 700 to ₹ 740 per Equity Share.
The total offer size of equity shares with face value ₹ 10 each aggregating up to ₹ 125,000 million [₹ 12,500 crore] comprises of fresh issue of equity shares aggregating up to ₹ 25,000 million [₹ 2,500 crore] and Offer for sale of equity share aggregating up to ₹ 100,000 million [₹ 10,000 crore] . (“Total Offer Size”) The Company proposes to utilize the net proceeds from the fresh issue towards augmenting Company’s Tier – I Capital base to meet Company’s future capital requirements including onward lending under any of the Company’s business verticals i.e. Enterprise Lending, Asset Finance and Consumer Finance. Further, a portion of the proceeds from the Fresh Issue will be used towards meeting Offer Expenses. (“Objects of the Offer”).
