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Hdfc Bank ( (HDB) ) has provided an announcement.
On June 19, 2025, HDB Financial Services Limited, a subsidiary of HDFC Bank, filed a Red Herring Prospectus with the Registrar of Companies in Ahmedabad for its upcoming Initial Public Offering (IPO). The IPO will consist of a fresh issue of equity shares worth ₹25,000 million and an offer for sale of shares worth ₹100,000 million by HDFC Bank. The offering includes a reservation for eligible employees and HDFC Bank shareholders, with the bidding scheduled to open on June 25, 2025, and close on June 27, 2025. This move marks a significant step in HDB Financial Services’ market expansion and provides an opportunity for stakeholders to invest in the company’s growth.
The most recent analyst rating on (HDB) stock is a Buy with a $74.00 price target. To see the full list of analyst forecasts on Hdfc Bank stock, see the HDB Stock Forecast page.
Spark’s Take on HDB Stock
According to Spark, TipRanks’ AI Analyst, HDB is a Outperform.
HDFC Bank’s overall score reflects strong financial health and positive technical momentum, balanced by fair valuation and mixed earnings call sentiment. Key strengths include robust income growth and stable credit metrics, while challenges arise from macroeconomic pressures and significant liabilities.
To see Spark’s full report on HDB stock, click here.
More about Hdfc Bank
HDFC Bank Limited, headquartered in Mumbai, India, operates in the financial services industry, providing a range of banking and financial products. The company focuses on retail banking, wholesale banking, and treasury operations, and is a prominent player in the Indian banking sector.
Average Trading Volume: 3,009,628
Technical Sentiment Signal: Buy
Current Market Cap: $173.6B
For detailed information about HDB stock, go to TipRanks’ Stock Analysis page.