Shares of HDB Financial Services, a subsidiary of HDFC Bank, rose over 4.5% on July 3 a day after the NBFC firm got listed on stock exchanges. At 9:40 am on July 3, HDB Financial Services shares were trading 4.58% higher at Rs 879.45 apiece. The market capitalisation of the stock rose to nearly Rs 73,000 crore. In late evening of July 2, HDFC Bank informed exchanges that it has successfully completed the sale of 13.51 crore equity shares worth Rs 9,814 crore in its subsidiary and retains 74.19% stake in it. "The Bank sold 13,51,35,135 shares of face value of Rs. 10 each of HDBFS in the IPO, post which the shareholding of the Bank in HDBFS has reduced to 74.19% of its total paid-up equity share capital," said HDFC Bank in a regulatory filing. Read More Discover the latest Business News, Budget 2025 News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated! 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