Tue Jun 24 07:50:00 UTC 2025: Here’s a news article summarizing the HDB Financial Services IPO, based on the provided text:

**HDB Financial Services IPO Set to Launch in 2025, Eyes ₹12,500 Crore Raise**

**Mumbai, India** – HDB Financial Services, a leading non-banking financial company (NBFC) backed by HDFC Bank, is preparing for its highly anticipated Initial Public Offering (IPO) slated for June 2025. The company aims to raise ₹12,500 crore through the IPO, offering investors a chance to participate in India’s expanding financial services sector.

The IPO, a book-building issue, will open on June 25, 2025, and close on June 27, 2025, with allotment expected on June 30. Listing on the BSE and NSE is tentatively scheduled for July 2, 2025. The issue comprises a fresh issue of 3.38 crore shares worth ₹2,500 crore and an offer for sale of 13.51 crore shares worth ₹10,000 crore. The price band is set between ₹700 and ₹740 per share, with a minimum lot size of 20 shares, requiring a minimum investment of ₹14,800 for retail investors.

HDB Financial Services, established in 2007, focuses on retail finance, offering loans across vehicle finance, personal loans, and loans against property. It boasts a “phygital” distribution model with a network of 1,771 branches, predominantly located outside India’s major cities, and leverages technology for digital onboarding, credit scoring, and automated decision-making.

The company’s strong asset quality is reflected in its Gross Non-Performing Asset (GNPA) ratio of 1.90%. While profit after tax saw a marginal decrease of 12% year-on-year, HDB Financial Services reported a 15% rise in revenue and continues to demonstrate robust balance sheet fundamentals.

The fresh issue aims to augment Tier-I capital, strengthening the company’s financial position and fueling future lending growth. HDFC Bank will retain a 74.19% post-issue stake, lending institutional credibility. Analysts predict a 15-17% growth in the NBFC sector between FY24-27, positioning HDB Financial Services for potential market share gains, especially in housing-linked consumer lending and MSME finance.

Investors can apply for the IPO through HDFC Sky’s “One-Click IPO” feature, simplifying the application process.

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