HDB Financial Services made a strong debut on the stock exchanges on July 2, listing nearly 14% above its issue price. As investor sentiment surges, the focus now shifts to strategy—should you buy, sell, or hold the stock after its market listing?
HDB Financial Listing Performance
Shares of HDB Financial settled at ₹840.25 on the NSE, up 13.55% from its IPO price range of ₹700–740 per share. The listing outperformed grey market expectations of an 8–10% gain. On both NSE and BSE, the listing price stood at ₹835—a 12.84% premium—indicating strong investor demand and positive momentum.
The ₹12,500 crore IPO witnessed robust interest, concluding with a 16.69 times subscription, particularly driven by institutional investors. On debut, the company’s total market capitalization reached ₹69,758.27 crore.
Analyst Views: Buy, Sell, or Hold?
Prashanth Tapse, Research Analyst at Mehta Equities, recommends buying on dips, especially for those who missed out during the IPO phase. He believes HDB is “well-placed for a structural credit upcycle in India” and suits investors with a 3-5 year investment horizon.
Narendra Solanki, Head of Fundamental Research at Anand Rathi, advises holding the stock for the long term. With a diversified loan portfolio and strong pan-India presence, Solanki sees HDB Financial as a solid long-term NBFC play.
“The company has a diversified loan book across enterprise, consumer, and asset financing. With over 1,771 branches and 60,000+ employees, it’s well-positioned for continued growth,” he noted.
Long-Term Growth Potential
HDB Financial, a subsidiary of HDFC Bank, is expected to benefit from its parent’s reputation, customer base, and operational synergies. The successful IPO and encouraging listing performance reflect confidence in India’s credit growth story and NBFC sector stability.
Despite high competition, HDB’s consistent profitability, expansive footprint, and experienced management make it a promising stock in the NBFC space, especially amid favorable macroeconomic conditions and expected policy support.
With a strong market debut, HDB Financial appears poised for long-term growth. Investors with allocation can consider holding, while new entrants may consider accumulating on dips. As with all equity investments, long-term patience and strategic entry points are key.
