HDB Financial Services initiated the bidding process for one of the largest IPOs in India during 2025 to obtain ₹125 billion ($1.5 billion). The IPO price range extends from ₹700 to ₹740 per share which could establish the company’s worth at approximately $7 billion. The IPO period remains open until Friday while representing the biggest public offering since October and the first billion-dollar IPO since February.
The market shows positive expectations because the IPO takes place during an Indian equity market upswing which has boosted the Nifty 50 Index. HDB Financial operates as India’s seventh-largest diversified retail-focused shadow lender through its subsidiary HDFC Bank while managing loans worth ₹902 billion during March 2025.
The company maintains a fair market value according to analysts who believe it is worth the highest price point in its range at 3.7 times its book value. The company benefits from its extensive rural presence and HDFC Bank backing which positions it for future expansion. The experts at Arihant Capital and Anand Rathi advise investors to subscribe to the IPO for obtaining long-term financial benefits.
The upcoming offering will determine how investors react before other major listings appear throughout the year.
