HDB Financial Services moves up on raising Rs 300 crore through NCDs
HDB Financial Services is currently trading at Rs. 674.95, up by 3.40 points or 0.51% from its previous closing of Rs. 671.55 on the BSE.
The scrip opened at Rs. 676.85 and has touched a high and low of Rs. 676.85 and Rs. 668.45 respectively. So far 10962 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 891.65 on 03-Jul-2025 and a 52 week low of Rs. 557.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 690.75 and Rs. 666.00 respectively. The current market cap of the company is Rs. 55794.54 crore.
The promoters holding in the company stood at 74.12%, while Institutions and Non-Institutions held 15.29% and 10.59% respectively.
HDB Financial Services has raised Rs 300 crore through the allotment of 30,000 Secured Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 1,00,000 each on private placement basis. The NCDs have a tenure of 1108 days and carry coupon rate of 7.75% per annum. The Debenture Allotment Committee of the company, at its meeting held on April 22, 2026, has allotted the same.
