HDFC Bank Sets IPO Price Band for HDB Financial Services

An update from Hdfc Bank ( (HDB) ) is now available.

On June 24, 2025, HDFC Bank Limited announced the price band for the Initial Public Offering (IPO) of its subsidiary, HDB Financial Services Limited (HDBFS), set between Rs. 700 and Rs. 740 per equity share. The bank’s Board of Directors had approved the transfer of shares on June 19, 2025, as part of an Offer for Sale related to the IPO, which were subsequently moved to an escrow account. This strategic move is expected to enhance HDBFS’s market presence and provide liquidity to HDFC Bank, potentially impacting its financial standing and stakeholder interests.

The most recent analyst rating on (HDB) stock is a Buy with a $74.00 price target. To see the full list of analyst forecasts on Hdfc Bank stock, see the HDB Stock Forecast page.

Spark’s Take on HDB Stock

According to Spark, TipRanks’ AI Analyst, HDB is a Outperform.

HDFC Bank’s overall score reflects strong financial health and positive technical momentum, balanced by fair valuation and mixed earnings call sentiment. Key strengths include robust income growth and stable credit metrics, while challenges arise from macroeconomic pressures and significant liabilities.

To see Spark’s full report on HDB stock, click here.

More about Hdfc Bank

HDFC Bank Limited is a prominent financial institution in India, primarily engaged in providing a wide range of banking and financial services. The bank operates in the banking industry and focuses on retail banking, wholesale banking, and treasury operations, serving a diverse customer base across the country.

Average Trading Volume: 2,948,579

Technical Sentiment Signal: Buy

Current Market Cap: $173.8B

For a thorough assessment of HDB stock, go to TipRanks’ Stock Analysis page.