HDFC Bank Limited — Important, 02-07-2025: Updates

HDFC Bank has sold 13.51 crore shares of its subsidiary HDB Financial Services (HDBFS) through an IPO at Rs. 740 per share, raising a net cash inflow of approximately Rs. 9,814 Cr. Post-sale, the Bank’s stake in HDBFS stands at 74.19%. HDBFS, an upper layer NBFC, reported revenue growth from Rs. 12,402.88 Cr in FY23 to Rs. 16,300.28 Cr in FY25 and continues as a subsidiary. The IPO proceeds enhance HDFC Bank’s liquidity while maintaining strategic control over HDBFS.