HDFC Bank subsidiary HDB Financial Services launches IPO, HDB Financial Services IPO GMP Day 3 Live Updates: India’s largest NBFC public issue of HDFC Bank’s subsidiary, HDB Financial Services, received a strong response, as the mega offer was subscribed fully on Day 2 itself. Day 1 & Day 2 subscription summary After receiving tepid response with 0.37 times subscription on day 1, the IPO was fully subscribed on day 2.  Issue date Open: June 25, 2025 Close: June 27, 2025 Anchor portion - ₹3,369 crore Price band, issue size ₹700-₹740 per share. At the upper end of the price band, the company is valued at ₹61,400 crore. Fresh issue of equity shares worth ₹2,500 crore and an Offer For Sale (OFS) of ₹10,000 crore by promoter HDFC Bank. At present, HDFC Bank holds a 94.36% stake in HDB Financial Services. Listing date The shares are likely to debut on the BSE and NSE on July 2, 2025. Scroll down for more