Synopsis
This is after the private lender firmed up plans for its brokerage house to create its own discount broking architecture to compete with new-age firms like Zerodha. The unlisted shares have doubled in the last 12 months — to Rs 14,000 apiece from Rs 7,200 a year ago.
Mumbai: Unlisted shares of HDFC Securities, the brokerage arm of HDFC Bank, have doubled in the past few months and are trading at a valuation of Rs 22,000 crore, on a par with its listed peer ICICI Securities.
This is after the private lender firmed up plans for its brokerage house to create its own discount broking architecture to compete with new-age firms like Zerodha. The unlisted shares have doubled in the last 12 months — to Rs 14,000
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
Sign in to read the full article
You’ve got this Prime Story as a Free Gift
₹399/month
Monthly
PLAN
Billed Amount ₹399
₹208/month
(Save 49%)
Yearly
PLAN
Billed Amount ₹2,499
15
Days Trial
+Includes DocuBay and TimesPrime Membership.
₹150/month
(Save 63%)
2-Year
PLAN
Billed Amount ₹3,599
15
Days Trial
+Includes DocuBay and TimesPrime Membership.
Already a Member? Sign In now
Special Offer on ET Prime
Get Flat 20% Off
ON ET PRIME MEMBERSHIP
Get Offer
Why ?
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Minimal AdsComment & Engage with ET Prime community
Exclusive invites to Virtual Events with Industry Leaders
A trusted team of Journalists & Analysts who can best filter signal from noise
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.