Mumbai, June 30 -- The initial public offer of HDB Financial Services received bids for 2,17,68,60,980 shares as against 13,04,42,855 shares on offer. The issue was subscribed 16.69 times.

The Retail Individual Investors (RIIs) category was subscribed 1.41 times. The Non-Institutional Investors (NIIs) category was subscribed 9.99 times. The Qualified Institutional Buyers (QIBs) category was subscribed 55.47 times.

The issue opened for bidding on 25 June 2025 and closed on 27 June 2025. The price band of the IPO is fixed between Rs 700 and 740 per share. An investor can bid for a minimum of 20 equity shares and in multiples thereof.

The initial public offer (IPO) consists of fresh issue to raise Rs 2,500 crore through issuance of 3.57 c...