{"id":6286,"date":"2020-06-22T22:28:01","date_gmt":"2020-06-22T22:28:01","guid":{"rendered":"https:\/\/financeintellect.com\/home-page\/home\/?p=6286"},"modified":"2020-06-22T22:34:32","modified_gmt":"2020-06-22T22:34:32","slug":"hdfc-to-raise-rs-14000-crore-through-shares-bonds","status":"publish","type":"post","link":"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/","title":{"rendered":"HDFC to raise Rs 14,000 crore through shares &amp; bonds"},"content":{"rendered":"<p>Mortgage Lender Housing Development Finance Corporation (<a href=\"https:\/\/www.hdfc.com\/\">HDFC<\/a>) on Friday announced that its Board of Directors had approved its plans to raise Rs 14,000 crore via shares, compulsory convertible debentures, non-convertible debentures, warrants and\u00a0foreign currency convertible bonds. The fund raise comes amid the COVID crisis and has raised a flutter amongst market experts.<\/p>\n<p>HDFC had announced its plan to raise funds on Tuesday but had not disclosed the amount. Today, for the first time, it announced that it\u00a0had plans to raise Rs 14,000 crore.<\/p>\n<p>HDFC said its board of Directors had approved the plan to raise funds and added that a further approval of the members of HDFC would be\u00a0taken by postal ballots in due course.<\/p>\n<p>In an exchange filing, HDFC said \u201cthe said funds are being raised to augment the long-term resources of the Corporation, to finance organic and\/or non-organic opportunities that may arise infinancial services including housing finance and\/or in area where its subsidiaries operate, to maintain sufficient liquidity and for generating corporate purposes of the corporation.\u201d<\/p>\n<p>Just before the announcement, \u00a0HDFC shares closed 0.87 per cent lower at Rs 1839.10 on the BSE while benchmark <a href=\"https:\/\/en.wikipedia.org\/wiki\/BSE_SENSEX\">Sensex<\/a> rose 1.53\u00a0per cent to close at 34,732 on Friday.<\/p>\n<p>HDFC reported a 21.97 per cent year-on-year fall in net profit at Rs 2,233 crore for the quarter ending March 2020. Profit fell as dividend\u00a0Income received during the quarter was a mere Rs 2crore compared to Rs 537 crore in the same quarter last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mortgage Lender Housing Development Finance Corporation (HDFC) on Friday announced that its Board of Directors had approved its plans to raise Rs 14,000 crore via shares, compulsory convertible debentures, non-convertible debentures, warrants and\u00a0foreign currency convertible bonds. The fund raise comes amid the COVID crisis and has raised a flutter amongst market experts. HDFC had announced [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":6292,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1,5,31],"tags":[4216,283],"class_list":["post-6286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-and-politics","category-markets","category-news","tag-covid","tag-hdfc"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>HDFC to raise Rs 14,000 crore through shares &amp; bonds - Finance Intellect<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HDFC to raise Rs 14,000 crore through shares &amp; bonds - Finance Intellect\" \/>\n<meta property=\"og:description\" content=\"Mortgage Lender Housing Development Finance Corporation (HDFC) on Friday announced that its Board of Directors had approved its plans to raise Rs 14,000 crore via shares, compulsory convertible debentures, non-convertible debentures, warrants and\u00a0foreign currency convertible bonds. The fund raise comes amid the COVID crisis and has raised a flutter amongst market experts. HDFC had announced [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/\" \/>\n<meta property=\"og:site_name\" content=\"Finance Intellect\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-22T22:28:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-22T22:34:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/financeintellect.com\/wp-content\/uploads\/2020\/06\/hdfc_505_270120070013_210420092143.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"FI Online\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Fin_Intellect\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"FI Online\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/\"},\"author\":{\"name\":\"FI Online\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/a90045187089bff33d502ca60561a130\"},\"headline\":\"HDFC to raise Rs 14,000 crore through shares &amp; bonds\",\"datePublished\":\"2020-06-22T22:28:01+00:00\",\"dateModified\":\"2020-06-22T22:34:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/\"},\"wordCount\":248,\"image\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/financeintellect.com\/wp-content\/uploads\/2020\/06\/hdfc_505_270120070013_210420092143.jpg\",\"keywords\":[\"COVID\",\"HDFC\"],\"articleSection\":[\"Economy and Politics\",\"Markets\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/\",\"url\":\"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/\",\"name\":\"HDFC to raise Rs 14,000 crore through shares &amp; bonds - Finance Intellect\",\"isPartOf\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/financeintellect.com\/wp-content\/uploads\/2020\/06\/hdfc_505_270120070013_210420092143.jpg\",\"datePublished\":\"2020-06-22T22:28:01+00:00\",\"dateModified\":\"2020-06-22T22:34:32+00:00\",\"author\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/a90045187089bff33d502ca60561a130\"},\"breadcrumb\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/#primaryimage\",\"url\":\"https:\/\/financeintellect.com\/wp-content\/uploads\/2020\/06\/hdfc_505_270120070013_210420092143.jpg\",\"contentUrl\":\"https:\/\/financeintellect.com\/wp-content\/uploads\/2020\/06\/hdfc_505_270120070013_210420092143.jpg\",\"width\":1200,\"height\":675,\"caption\":\"hdfc\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/financeintellect.com\/home-page\/home\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"HDFC to raise Rs 14,000 crore through shares &amp; bonds\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#website\",\"url\":\"https:\/\/financeintellect.com\/home-page\/home\/\",\"name\":\"Finance Intellect\",\"description\":\"Get business and finance insights\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/financeintellect.com\/home-page\/home\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/a90045187089bff33d502ca60561a130\",\"name\":\"FI Online\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ab72c4277f611e5285f278611444066aca2b7a7df59873dd3a004a50828bfae0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ab72c4277f611e5285f278611444066aca2b7a7df59873dd3a004a50828bfae0?s=96&d=mm&r=g\",\"caption\":\"FI Online\"},\"sameAs\":[\"https:\/\/financeintellect.com\/\",\"https:\/\/www.linkedin.com\/company\/finance-intellect\/\",\"https:\/\/x.com\/Fin_Intellect\"],\"url\":\"https:\/\/financeintellect.com\/home-page\/home\/author\/fi-online\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"HDFC to raise Rs 14,000 crore through shares &amp; bonds - Finance Intellect","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/","og_locale":"en_US","og_type":"article","og_title":"HDFC to raise Rs 14,000 crore through shares &amp; bonds - Finance Intellect","og_description":"Mortgage Lender Housing Development Finance Corporation (HDFC) on Friday announced that its Board of Directors had approved its plans to raise Rs 14,000 crore via shares, compulsory convertible debentures, non-convertible debentures, warrants and\u00a0foreign currency convertible bonds. The fund raise comes amid the COVID crisis and has raised a flutter amongst market experts. HDFC had announced [&hellip;]","og_url":"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/","og_site_name":"Finance Intellect","article_published_time":"2020-06-22T22:28:01+00:00","article_modified_time":"2020-06-22T22:34:32+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/financeintellect.com\/wp-content\/uploads\/2020\/06\/hdfc_505_270120070013_210420092143.jpg","type":"image\/jpeg"}],"author":"FI Online","twitter_card":"summary_large_image","twitter_creator":"@Fin_Intellect","twitter_misc":{"Written by":"FI Online","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/#article","isPartOf":{"@id":"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/"},"author":{"name":"FI Online","@id":"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/a90045187089bff33d502ca60561a130"},"headline":"HDFC to raise Rs 14,000 crore through shares &amp; bonds","datePublished":"2020-06-22T22:28:01+00:00","dateModified":"2020-06-22T22:34:32+00:00","mainEntityOfPage":{"@id":"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/"},"wordCount":248,"image":{"@id":"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/#primaryimage"},"thumbnailUrl":"https:\/\/financeintellect.com\/wp-content\/uploads\/2020\/06\/hdfc_505_270120070013_210420092143.jpg","keywords":["COVID","HDFC"],"articleSection":["Economy and Politics","Markets","News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/","url":"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/","name":"HDFC to raise Rs 14,000 crore through shares &amp; bonds - Finance Intellect","isPartOf":{"@id":"https:\/\/financeintellect.com\/home-page\/home\/#website"},"primaryImageOfPage":{"@id":"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/#primaryimage"},"image":{"@id":"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/#primaryimage"},"thumbnailUrl":"https:\/\/financeintellect.com\/wp-content\/uploads\/2020\/06\/hdfc_505_270120070013_210420092143.jpg","datePublished":"2020-06-22T22:28:01+00:00","dateModified":"2020-06-22T22:34:32+00:00","author":{"@id":"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/a90045187089bff33d502ca60561a130"},"breadcrumb":{"@id":"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/#primaryimage","url":"https:\/\/financeintellect.com\/wp-content\/uploads\/2020\/06\/hdfc_505_270120070013_210420092143.jpg","contentUrl":"https:\/\/financeintellect.com\/wp-content\/uploads\/2020\/06\/hdfc_505_270120070013_210420092143.jpg","width":1200,"height":675,"caption":"hdfc"},{"@type":"BreadcrumbList","@id":"https:\/\/financeintellect.com\/home-page\/home\/hdfc-to-raise-rs-14000-crore-through-shares-bonds\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/financeintellect.com\/home-page\/home\/"},{"@type":"ListItem","position":2,"name":"HDFC to raise Rs 14,000 crore through shares &amp; bonds"}]},{"@type":"WebSite","@id":"https:\/\/financeintellect.com\/home-page\/home\/#website","url":"https:\/\/financeintellect.com\/home-page\/home\/","name":"Finance Intellect","description":"Get business and finance insights","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/financeintellect.com\/home-page\/home\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/a90045187089bff33d502ca60561a130","name":"FI Online","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ab72c4277f611e5285f278611444066aca2b7a7df59873dd3a004a50828bfae0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ab72c4277f611e5285f278611444066aca2b7a7df59873dd3a004a50828bfae0?s=96&d=mm&r=g","caption":"FI Online"},"sameAs":["https:\/\/financeintellect.com\/","https:\/\/www.linkedin.com\/company\/finance-intellect\/","https:\/\/x.com\/Fin_Intellect"],"url":"https:\/\/financeintellect.com\/home-page\/home\/author\/fi-online\/"}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/financeintellect.com\/wp-content\/uploads\/2020\/06\/hdfc_505_270120070013_210420092143.jpg","_links":{"self":[{"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/posts\/6286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/comments?post=6286"}],"version-history":[{"count":5,"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/posts\/6286\/revisions"}],"predecessor-version":[{"id":6291,"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/posts\/6286\/revisions\/6291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/media\/6292"}],"wp:attachment":[{"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/media?parent=6286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/categories?post=6286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/tags?post=6286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}