HDB Financial Services IPO and Sambhv Steel Tubes IPO opened for bidding today. (Image: Ndtv Profit)
8 months ago
Jun 25, 2025
Hello and welcome to our IPO live blog! After a dull week with little action, the primary markets are buzzing again with five new mainboard offerings. HDB Financial Services Ltd. and Sambhv Steel Tubes Ltd. have opened today while Globe Civil Projects Ltd., Kalpataru Ltd., Ellenbarrie Industrial Gases Ltd. will have second day of bidding.
HDB Financial Services IPO Live Updates: Termed "Bellwether" For Indian NBFCs
"The Rs 12,500 crore HDB Financial Services IPO marks a pivotal moment for India's NBFC sector – not just as the largest NBFC debut to date, but as a test case for how public markets value diversified lenders in an era of tightening regulations and evolving credit demand," said Tarun Singh, MD and Founder, Highbrow Securities.
The grey market premium for the issue decreased to Rs 71 as of 10:32 a.m. after being Rs 74. This implies shares of the company will likely list at Rs 811 apiece, indicating a 9.59% premium to the upper end of the price band.
GMP or grey market price is not an official indicator and is based on market speculation.
The grey market premium for the issue rose to Rs 10 as of 10:30 a.m. after being Rs 5. This implies shares of the company will likely list at Rs 92 apiece, indicating a 12.20% premium to the upper end of the price band.
GMP or grey market price is not an official indicator and is based on market speculation.
Arisinfra Solutions Ltd. shares listed on the National Stock Exchange on Wednesday at Rs 205 apiece, a discount of 7% over its issue price of Rs 222 apiece. On the BSE, the stock debuted at Rs 209.10, a 5.18% discount.
The grey market premium for the issue is Rs 5 as of 9:28 a.m. This implies shares of the company will likely list at Rs 87 apiece, indicating a 6.10% premium to the upper end of the price band.
GMP or grey market price is not an official indicator and is based on market speculation.
The grey market premium for the issue is Rs 74 as of 9:37 a.m. This implies shares of the company will likely list at Rs 814 apiece, indicating a 10% premium to the upper end of the price band.
GMP or grey market price is not an official indicator and is based on market speculation.
HDB Financial IPO is a bookbuilding of Rs 12,500.00 crore. The issue is a combination of fresh issue of 3.38 crore shares aggregating to Rs 2,500.00 crore and offer for sale of 13.51 crore shares aggregating to Rs 10,000.00 crore. The issue price band is between Rs 700 to Rs 740 per share.
HDB Financial Services Ltd. is a retail-focused, non-banking financial company. The company also offer business process outsourcing.
Sambhv Steel Tubes Ltd. IPO is a bookbuilding of Rs 540 crore. The issue is a combination of fresh issue of 5.37 crore shares aggregating to Rs 440 crore and offer for sale of 1.22 crore shares aggregating to Rs 100 crore. The issue price band is between Rs 77 to Rs 82 per share.
Sambhv Steel Tubes Limited is a manufacturer of electric resistance welded steel pipes and structural tubes in India.
The Globe Civil Projects IPO was subscribed to 6.97 times on day 1. The bids were led by Qualified institutional investors or 8.06 times, non-institutional investors or 8.16 times, retail investors or 5.83 times.
Globe Civil Projects is an engineering, procurement, and construction company located in New Delhi.
IPO Live Updates: Ellenbarrie Industrial Gases Day 1
The public issue was subscribed to 0.08 times on day 1. There were no bids by Qualified institutional investors, non-institutional investors or 0.05 times, retail investors or 0.13 times.
Ellenbarrie Industrial Gases is one of the largest 100% Indian-owned industrial gas companies in terms of installed manufacturing capacity, revenues and profitability.
The Kalpataru public issue was subscribed 0.09 times on day 1. There were no bids by Qualified institutional investors, non-institutional investors or 0.10 times, retail investors or 0.33 times.
Kalpataru Ltd. is a Mumbai-based integrated real estate development company.
After a dull week with little action, the primary markets are buzzing again with five new mainboard offerings. HDB Financial Services Ltd. and Sambhv Steel Tubes Ltd. are set to open today while Globe Civil Projects Ltd., Kalpataru Ltd., Ellenbarrie Industrial Gases Ltd. will have second day of bidding.
