The bank aims to mop up around Rs 7,600 crore from foreign investors and Rs 2,400 crore from domestic investors, merchant bankers said. This is largest follow-on offer by a private institution and comes within day of state-run Coal India mopping a record high of Rs 22,576 crore though an offer for sale.
Earlier in January, the government had allowed increasing foreign holding HDFC Bank, the country's most valuable lender. The application was pending for over a year.
Parent HDFC holds 22.47 percent in the bank,  FIIs 33.75 percent, ADRs/GDRs 16.84 percent and the rest is held by others as of September quarter.
When contacted a bank spokesman refused to comment beyond an earlier statement about shareholders' approval on June 25, 2014 to raise Rs 10,000 crore as and when market conditions permit.
Barclays, BofA-ML, Citigroup and JP Morgan among others are advising HDFC Bank on the deal. One of the merchant banking sources said HDFC Bank being the most valued lender, it has not had a road-show for the issue.

By market capitalisation, HDFC Bank trumps all other banks in the country including SBI and ICICI with over Rs 2.58 trillion
In December 2013, the RBI had prevented FIIs from holding more HDFC Bank stocks after their combined stake crossed 49 percent.

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