Shadow Lender HDB Set to Debut After Biggest Indian IPO of 2025

HDB Financial lists at 13% gains

HDB Financial Services lists at Rs 835, up 13% from issue price of Rs 740, marking the best IPO debut over Rs 10,000 crore since Covid. Backed by HDFC Bank, the Rs 12,500 crore IPO saw strong demand. Emkay gives ‘BUY’ with Rs 900 target; RBI rules remain a key risk.

India's HDB Financial rises 15% on first trading day after year's largest IPO

MUMBAI -- Shares in Indian nonbank lender HDB Financial Services rose 15%, at one point, from their initial public offering price in their market debu

HDB Financial IPO: Why Indian investors saw value in HDFC Bank’s shadow lending unit

India’s biggest IPO of 2025 shines light on shadow lending and investor appetite

HDB Financial Services becomes eighth most valuable NBFC with nearly Rs 70,000-crore m-cap

HDB Financial Services shares jumped 13% on their trading debut on Wednesday, reflecting strong investor interest in the country's biggest IPO so far this year

HDB Financial Services Share Price Listing: Stock lists at 13% premium over IPO price

HDB Financial Services Share Price NSE, BSE: The IPO had a decent response from investors and got subscribed 16.69 times on the closing day of bidding on Friday.

Shadow Lender HDB Set to Debut After Biggest Indian IPO of 2025

Shares of HDB Financial Services Ltd. will start trading in Mumbai on Wednesday after the shadow lender’s 125 billion-rupee ($1.5 billion) initial public offering — India’s biggest this year — attracted strong demand from investors.