Overview

• Basis of allotment was finalised on June 30 and is available for checking on BSE, NSE and MUFG Intime India portals.
• Successful bidders’ shares will be credited to their demat accounts on July 1, with refunds processed for non-allottees the same day.
• The ₹12,500 crore offering included a ₹2,500 crore fresh issue and a ₹10,000 crore offer-for-sale by HDFC Bank.
• Grey market premiums have climbed to around ₹65, suggesting a likely listing gain of about 8.8%.
• Following the IPO, HDFC Bank’s stake in HDB Financial Services will reduce to roughly 74%, unlocking significant promoter value.