HDB Financial Services stock surges over 4%; market cap crosses Rs 72,400 crore

On Wednesday (July 2), shares of HDB Financial Services were listed at Rs 835 on the NSE. The HDB Financial IPO was the second-biggest after South Korean automaker Hyundai in the last three years.

By: Express Web Desk

Updated: July 3, 2025 05:17 PM IST

2 min read

On Wednesday (July 2), shares of HDB Financial Services were listed at Rs 835 on the NSE. (Reuters Photo)

HDB Financial Services Share Price, HDB Financial Services Market Cap: Shares of HDB Financial Services Limited climbed over 4 per cent today i.e. July 3. At around 10 am, shares of the non banking financial company (NBFC) traded at Rs 876.75 apiece, up 4.26 per cent.

According to the NSE, the company shares has a total market cap of Rs 72412 crore (at the time of writing). The company has a face value of Rs 10. At the same time, about 159.99 lakh shares were traded on the NSE.

HDB Financial Services IPO Listing NSE

On Wednesday (July 2), shares of HDB Financial Services were listed at Rs 835 on the NSE.

HDB Financial Services IPO Subscription

The Rs 12,500-crore initial share sale of HDB Financial Services got subscribed 16.69 times on the closing day of bidding on Friday last week amid encouraging participation from institutional buyers.

Also Read | India’s IPO market eyes $2.4 billion in offerings in July as confidence rebounds

HDB Financial Services IPO Price Band

The HDB Financial Services IPO has a price band of Rs 700 to Rs 740 per share. The IPO was a combination of a fresh issue of equity shares worth Rs 2,500 crore and an offer-for-sale (OFS) of Rs 10,000 crore by promoter HDFC Bank.