HDB Financial Services Limited has informed the Exchange about issue of Securities
HDBFS · price
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HDB Financial Services has allotted 20,000 secured, redeemable NCDs on a private placement basis, each with a face value of Rs. 1,00,000, taking the total issue size to Rs. 200 crore. The NCDs carry a coupon of 7.18% per annum, payable annually and on maturity, with a tenure of 1,135 days (roughly 3.1 years), maturing on September 22, 2028. The instruments will be listed on the Wholesale Debt Market segment of BSE (ISIN: INE756I07FH3). They are backed by a first and exclusive charge on the company's present and future receivables, with a minimum asset cover of 1.0x maintained throughout the tenure. The Debenture Allotment Committee approved the allotment on August 14, 2025.
This is a routine debt-raising move worth Rs. 200 crore at a competitive coupon of 7.18%, which should help the company fund its lending operations without diluting equity. For equity shareholders, the impact is neutral, as it adds to the company's leverage but is a standard market borrowing with adequate security cover.