IDFC First Bank Ltd
IDFC First Bank | 539437
Stock Performance
Ratios
About Company
- Headquartered in Mumbai, IDFC First Bank Limited was granted an in-principle approval by Reserve Bank of India (RBI) on 9 April 2014 to set up a new bank in the private sector under Section 22 of the Banking Regulation Act, 1949
- Accordingly, a new company namely IDFC Bank was incorporated on October 21, 2014 at Chennai, Tamil Nadu to carry out the business of banking
- As per terms and conditions contained in the in-principle approval and the RBI New Banking Guidelines, IDFC was required to transfer Financing Undertaking to IDFC Bank
- The name of the Bank was later on changed to IDFC FIRST Bank Limited' with effect from January 12, 2019 by 'Certificate of Incorporation issued by the ROC, Chennai
- The Bank provides a complete suite of banking and financial services including retail banking, wholesale banking, digital banking and treasury operations
- IDFC First Bharat Limited is the subsidiary of the Bank
- Accordingly, the Board of Directors of IDFC First Bank Limited at its meeting held on 30 October 2014 demerged its Financing Undertaking into its wholly owned step down subsidiary - IDFC Bank under a Demerger Scheme
- On December 26, 2014, the entire equity stake of IDFC Bank held by IDFC was transferred to IDFC Financial Holding Company Limited (IDFC FHCL), thereby making IDFC Bank, a wholly owned subsidiary of IDFC FHCL, which in turn, is a wholly owned subsidiary of IDFC
- Pursuant to the Scheme of Demerger, IDFC Bank issued and allotted 159
- 40 crore equity shares to shareholders of IDFC, thereby reducing the shareholding of IDFC FHCL from 100% to 53%
Technical Indicators
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Volume Analysis
Growth Rate
All figures in ₹ Crores
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No shareholding data available at this time.
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Frequently Asked Questions
What is Share Price of IDFC First Bank Ltd?
The current share price of IDFC First Bank Ltd (IDFC First Bank) is ₹81.01. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the P/E Ratio of IDFC First Bank Ltd?
The Price-to-Earnings (P/E) ratio of IDFC First Bank Ltd is 81.01. This indicates how much investors are willing to pay per rupee of earnings, helping assess if the stock is overvalued or undervalued.
What is the 52-week high and low of IDFC First Bank Ltd?
IDFC First Bank Ltd has a 52-week high of ₹82.70 and a 52-week low of ₹52.46. This range shows the stock's price volatility over the past year.
What is the Dividend Yield of IDFC First Bank Ltd?
IDFC First Bank Ltd offers a dividend yield of 0.26%. This represents the annual dividend payment as a percentage of the current stock price, indicating the income return for investors.
What is the EPS of IDFC First Bank Ltd?
The Earnings Per Share (EPS) of IDFC First Bank Ltd is ₹1.67. EPS indicates the company's profitability on a per-share basis and is a key metric for evaluating financial performance.
What is the ROE of IDFC First Bank Ltd?
IDFC First Bank Ltd has a Return on Equity (ROE) of 4.30%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
