IFLR1000

Housing Development Finance Corporation (HDFC) Re18.96 billion QIP issue

27/2/2018
Private placement of shares, Share offer, Qualified institutional placement (QIP)
Select tab

Re 18.96 billion

$ 291.9 million

Completed

27/2/2018

Overview:

  • Housing Development Finance Corporation (HDFC) has undertaken a qualified institutional placement (QIP) of shares.
  • The issuer has raised over Re18.96 billion.
  • The funds raised are part of a plan to invest in its banking entities.

Sam Duke

Jurisdiction:

India

Deal types:

Private placement of shares
Share offer
Qualified institutional placement (QIP)

Practice area:

Capital markets : Equity

Industry sectors:

Financial services
Real estate
Social infrastructure

Firms:
AZB & Partners

Party: Housing Development Finance Corporation (HDFC) (Issuer)

Lawyers: Lionel D'Almeida, Varoon Chandra

Dentons

Party: Kotak Mahindra Bank (Bookrunner)

Party: Citigroup (Bookrunner)

Party: Credit Suisse (Bookrunner)

Party: CITIC Ltd (Bookrunner)

Party: CLSA (Bookrunner)

Party: JM Financial (Bookrunner)

Party: IIFL (Bookrunner)

Party: Motilal Oswal (Bookrunner)

Lawyer: Cameron Half

Related deals