HDB Financial, a subsidiary of HDFC Bank, made a solid debut on July 2. The stock listed at ₹835 on both NSE and BSE. That’s a 13% premium over its IPO price of ₹740. Not bad, right?
This came as a pleasant surprise for many investors. The grey market was expecting just 8–10% gains. But HDB beat those expectations. The total market cap post listing now stands at over ₹69,000 crore.
So the big question is—should you buy, sell, or hold?
What Worked for HDB Financial?
HDB Financial is no ordinary NBFC. It has:
- A diverse loan book—covering enterprise, retail, and asset financing.
- A huge presence—1,771 branches across India.
- A strong workforce—over 60,000 employees.
- And the HDFC brand name backing it.
All this gives HDB a solid foundation.
The IPO was open from June 25 to 27. It was fully subscribed within two days and got an overall subscription of 16.69 times, with big interest from institutional investors.
Expert Advice: Hold or Buy on Dips
Analysts are quite bullish. Here’s what they’re saying:
- Narendra Solanki (Anand Rathi) says hold the stock for long-term gains.
- Prashanth Tapse (Mehta Equities) says buy on dips, especially if you missed the IPO. He believes HDB is ready for India’s next credit boom and is perfect for a 3–5 year view.
In short—don’t rush to sell just for listing gains. This company could offer solid returns if you’re willing to stay patient.
Should You Buy Now?
If you didn’t get shares in the IPO, it’s tempting to jump in. But be careful. Prices may move up and down in the short term.
Wait for a dip, then consider entering. The fundamentals are strong, and the company is growing.
Final Take
HDB Financial has entered the market with confidence. If you’re already holding, stay invested for the long term. If you missed out—watch the stock, and get in when the price cools a bit.
Disclaimer:
This article is for informational purposes only and is not financial advice. Please consult a certified advisor before making investment decisions.
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