Athira Sethu
Kochi, 8 June 2026
Shares of HDB Financial Services ended 2.3% lower on Monday amid a broader market selloff triggered by weak global cues, even as the non-banking finance company announced a fresh fund raise. The company has secured ₹505 crore through the private placement of secured redeemable non-convertible debentures (NCDs), adding to its recent debt fundraising efforts. The latest issuance comes after a ₹300 crore NCD raise in May and highlights the company’s continued access to capital markets while maintaining growth in lending and improving asset quality.
Latest NCD Fund Raise (June 2026)
| Particulars | Details |
| Amount Raised | ₹505 crore |
| Instrument | Secured Redeemable Non-Convertible Debentures (NCDs) |
| Number of NCDs Allotted | 50,500 |
| Face Value per NCD | ₹1,00,000 |
| Allotment Date | June 8, 2026 |
| Listing Platform | BSE Wholesale Debt Market Segment |
| Mode of Issue | Private Placement |
Breakdown of June 2026 NCD Issuance
| Tranche | Amount Raised | Tenure (Days) | Approx. Tenure | Coupon Rate |
| Tranche I | ₹300 crore | 1,822 days | 5 years | 8.28% |
| Tranche II | ₹205 crore | 1,061 days | ~2.9 years | 7.75% |
