HDFC Bank allots equity shares under QIP and ADR Offering
Capital MarketHDFC Bank has allotted 1,28,47,222 equity shares of face value of Rs. 2/- each pursuant to the qualified institutions buyers at an issue price of Rs 2160 per equity share aggregating to Rs 2774.99 crore. The Bank has allotted 5,25,00,000 Equity Shares underlying the 1,75,00,000
ADRs to JP Morgan Chase Bank NA as Depository pursuant to the ADR
Offering.
Pursuant to the QIP and the ADR Offering, the paid up Equity Share capital of the Bank stands increased to Rs. 5,41,72,03,812 consisting of 2,70,86,01,906 Equity Shares.
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