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HDB Financial Services IPO received a nod from the Securities and Exchange Board of India (SEBI). This approval brings the company closer to ₹12,500 Crores listing.
IPO Size: ₹12,500 Crores
Fresh issue: ₹2,500 Crores
Offer for Sale (OFS): ₹10,000 Crores
Promoter: HDFC Bank
HDFC Bank's stake to drop below 75% post-IPO
Financial Growth:
Gross loan book: ₹98,620 Crores
Net Profit (FY24): ₹2,460.8 Crores
AUM (Assets Under Management): ₹90,230 Crores
ROE (Return on Equity): 19.55
HDB Financial Services, established in 2007, is a non-deposit taking non-banking financial company (NBFC) in India. It is backed by HDFC Bank and classified as an NBFC-Upper Layer (NBFC-UL) by the Reserve Bank of India. The company’s lending portfolio includes:
Consumer loans
MSME financing
Asset-backed lending
HDB Financial Services operates 1,772 branches across 1,162 cities and towns, focusing on semi-urban and rural markets.
Metric |
As of September 30, 2024 |
|---|---|
Gross Loan Book |
₹98,620 Crores |
Total AUM |
₹90,230 Crores |
Net Profit (FY24) |
₹2,460.8 Crores |
Return on Assets (ROA) |
3.03% |
ROE |
19.55% |
Gross NPA (Non-Performing Assets) Ratio |
1.90% |
Net NPA Ratio |
0.63% |
This content is for informational purposes only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.
Sources
Moneycontrol — HDB Financial IPO receives SEBI approval, https://www.moneycontrol.com/
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