HDB Financial Services trades higher on raising Rs 861.88 crore through NCDs
HDB Financial Services is currently trading at Rs. 720.45, up by 1.30 points or 0.18% from its previous closing of Rs. 719.15 on the BSE.
The scrip opened at Rs. 713.55 and has touched a high and low of Rs. 728.00 and Rs. 713.55 respectively. So far 11931 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. 687.75 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 731.00 and Rs. 701.25 respectively. The current market cap of the company is Rs. 59962.54 crore.
The promoters holding in the company stood at 74.15%, while Institutions and Non-Institutions held 14.72% and 11.13% respectively.
HDB Financial Services has raised Rs 861.88 crore through the allotment of 81,000 Non-Convertible Debentures (NCDs), of face value of Rs 1,00,000 each on private placement basis. The Debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE. The NCDs with tenure of 1136 days have coupon rate of 7.5519% per annum. The Debenture Allotment Committee of the company has at its meeting held on February 23, 2026, allotted the same.
