IDFC First Bank is currently trading at Rs. 46.90, up by 0.15 points or 0.32% from its previous closing of Rs. 46.75 on the BSE.
The scrip opened at Rs. 47.35 and has touched a high and low of Rs. 47.35 and Rs. 46.80 respectively. So far 436322 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 69.30 on 04-Mar-2021 and a 52 week low of Rs. 40.75 on 23-Aug-2021.
Last one week high and low of the scrip stood at Rs. 49.45 and Rs. 45.90 respectively. The current market cap of the company is Rs. 29218.44 crore.
The promoters holding in the company stood at 36.51%, while Institutions and Non-Institutions held 29.35% and 34.15% respectively.
IDFC First Bank has raised Rs 1,500 crore through private placement of Unsecured, Subordinated, Rated, Listed, Non-Convertible, Fully Paid-Up, Taxable, Redeemable Basel III Compliant Tier 2 Bonds (in the nature of Debentures) for a face value of Rs 1 crore each. The Bonds shall be redeemed in accordance with the terms of issue on its original maturity of 10 years, however, a Call Option may be exercised at the sole discretion of the Bank after completion of 5 years from the date of allotment and yearly thereafter, and subject to fulfilment of extant regulatory provisions. The subscription participation came from marquee domestic investors including Life Insurance Corporation of India which subscribed to more than 60% of the issue size.
IDFC First Bank provides a range of financial solutions to individuals, small businesses and corporates.
| Company Name | CMP |
|---|---|
| HDFC Bank | 1794.00 |
| ICICI Bank | 1289.50 |
| Axis Bank | 1110.70 |
| Kotak Mahindra Bank | 1761.90 |
| Indusind Bank | 964.50 |
| View more.. | |
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