HDB Financial Services Limited has informed the Exchange regarding allotment of 5000 securities pursuant to Non Convertible Securities at its meeting held on November 03, 2025
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HDB Financial Services has allotted 5,000 unsecured subordinated (Tier II) bonds of face value Rs. 1,00,000 each, raising Rs. 50 crore through private placement. The bonds carry a coupon rate of 7.95% per annum (XIRR 7.90%) and have a tenure of 3,500 days, maturing on June 4, 2035. Interest payments are scheduled annually on June 23 starting from 2026, and the bonds will be redeemed at par on maturity. The bonds are proposed to be listed on the Wholesale Debt Market segment of BSE (ISIN: INE756I08306).
This is a routine capital raise of Rs. 50 crore via Tier II bonds, which strengthens the company's capital base as subordinated debt qualifies as part of regulatory capital for NBFCs. The 7.95% coupon reflects current market rates and is unlikely to cause any significant movement in the equity stock price.