HDB Financial Services’ Rs 12,500 crore Initial Public Offering (IPO), one of the largest public issues in India’s NBFC space: Should You Subscribe? HDB Financial Services’ Rs 12,500 crore Initial Public Offering (IPO), one of the largest public issues in India’s NBFC space: Should You Subscribe? HDB Financial Services’ Rs 12,500 crore IPO opens June 25, driven by RBI’s mandatory listing for “Upper Layer” NBFCs. Backed by HDFC Bank, the company aims to strengthen capital, fuel growth in retail lending, and enhance market presence DSIJ Intelligence / Wednesday, June 25, 2025 / Article rating: 4.0 HDB Financial Services’ Rs 12,500 crore IPO opens June 25, driven by RBI’s mandatory listing for “Upper Layer” NBFCs. Backed by HDFC Bank, the company aims to strengthen capital, fuel growth in retail lending, and enhance market presence