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HDFC Bank Completes IPO of HDB Financial Services

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HDFC Bank Completes IPO of HDB Financial Services

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An announcement from Hdfc Bank ( (HDB) ) is now available.

On July 3, 2025, HDFC Bank announced the successful completion of the Initial Public Offering (IPO) of its subsidiary, HDB Financial Services Limited (HDBFS). The bank offered 1,351,351,35 equity shares of HDBFS at an issue price of Rs. 740 per share, resulting in a net cash consideration of approximately Rs. 9814.52 crore. This move reduced HDFC Bank’s shareholding in HDBFS to 74.19%, while HDBFS continues to operate as a subsidiary. The IPO, approved by the Securities and Exchange Board of India and the Reserve Bank of India, marks a significant step in HDBFS’s growth, positioning it as a key player in the non-banking financial company sector.

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 is a prominent financial institution in India, primarily engaged in banking and financial services. The bank offers a wide range of products and services, including retail banking, wholesale banking, and treasury operations. It has a significant market presence and is known for its strong focus on customer service and innovation in the banking sector.

Average Trading Volume: 2,658,087

Technical Sentiment Signal: Buy

Current Market Cap: $178.4B

For an in-depth examination of HDB stock, go to TipRanks’ Overview page.

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