Previous Close | 72.94 |
Open | 0.00 |
Bid | 72.94 x N/A |
Ask | 73.50 x N/A |
Day's Range | 72.94 - 72.94 |
52 Week Range | 52.05 - 73.99 |
Volume | |
Avg. Volume | 1 |
Market Cap | 928.964B |
Beta (5Y Monthly) | 0.83 |
PE Ratio (TTM) | 20.15 |
EPS (TTM) | 3.62 |
Earnings Date | Jan 14, 2025 - Jan 18, 2025 |
Forward Dividend & Yield | 0.66 (0.90%) |
Ex-Dividend Date | May 08, 2024 |
1y Target Est | N/A |
HDFC Bank, which holds a 94.6% stake in the lender, will sell shares worth up to 100 billion rupees, while HDB Financial will issue fresh shares worth up to 25 billion rupees, according to draft papers filed late on Wednesday. The offer price, price band and minimum bid size will be set later in consultation with the lead book-running managers that include Jefferies, Goldman Sachs and BofA Securities, the papers showed. HDB said it will use its share of the IPO proceeds for capital requirements, including onwards lending and regulatory compliance.
Hdfc Bank (HDB) has released an update. HDFC Bank has approved an Offer for Sale (OFS) of equity shares from its subsidiary, HDB Financial Services, as part of a proposed IPO expected to raise up to ₹12,500 crore. The IPO will include both a fresh issue of shares and the OFS, with HDFC Bank maintaining HDBFS as a subsidiary post-IPO. The final pricing and details of the IPO will be announced at a later date, pending regulatory approvals and market conditions. For further insights into HDB stock,