Sky’s the Limit: HDB Financial’s Mega IPO Takes Off—Here’s How to Board via HDFC Sky

• IPO Dates: Subscription open from June 25 to June 27, 2025; listing on July 2.
• Issue Structure: ₹2,500 crore fresh issue + ₹10,000 crore OFS by HDFC Bank.
• Price Band: ₹700–₹740 per share; minimum lot size: 20 shares.

• Log in to HDFC Sky (app or web).
• Go to "Indian Stocks" > "IPO" tab.
• Select “HDB Financial Services IPO” and click “Apply Now.”
• Enter lot quantity, price (or select cut-off), and category.
• Enter your UPI ID, approve mandate in your UPI app, and submit.

Points to Note

• Eligibility: Open to all HDFC Sky account holders with a demat account and UPI ID.
• Special Quotas: Reserved portions for HDFC Bank shareholders and HDBFS employees.
• Business Overview: HDB Financial operates across enterprise lending, asset finance, and consumer finance, with a vast branch network and a focus on underbanked customers.
• Use of Proceeds: Fresh issue to boost Tier-I capital for future lending and regulatory compliance.
• Promoter Stake: HDFC Bank’s holding will reduce from 94.3% to 74.19% post-issue.
• GMP Buzz: Grey market premium signals strong listing expectations, with a premium of ₹83 as of June 20.

• HDFC Sky’s One-Click IPO feature streamlines the application, offering speed, transparency, and flexibility—no paperwork, instant UPI-based payments, and real-time tracking, all in one platform.
• “The One-Click IPO tool removes the need for form-filling, enabling a paperless and time-efficient experience… Whether you are applying from a desktop or smartphone, the process remains consistent and user-friendly.”