HDB Financial Services IPO GMP Live: Rs 12,500 crore NBFC IPO kicks off for bidding; issue subscribed 20% on day 1 so far; GMP signals 10% premium

HDB Financial Services IPO Live: HDB Financial is among the top non-banking financial companies (NBFCs) in India, with a loan book of ₹1.06 lakh crore as of March 31, 2025. For FY25, it posted a net profit of ₹2,176 crore, up sharply from ₹1,359 crore in the previous year.

The company maintains strong asset quality, with gross NPAs at 2.49% and net NPAs at 1.38%, a healthy sign for a retail-centric NBFC.

With a nationwide footprint of over 1,700 branches in 1,200 cities and towns, HDB Financial serves more than 1.9 crore customers. Its offerings include secured and unsecured personal loans, gold loans, and SME lending.