SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Hindujas to pump another Rs 2,700 crore into IndusInd Bank through warrants

24 Jun 2019 Evaluate

The Hindujas will pump another Rs 2,700 crore into IndusInd Bank through a warrant issue to ramp up the promoter holding after the merger of Bharat Financial. The merger between the bank and the Bharat Financial, which will be effective July 4, is accretive from a profit, margin and return on equity perspective.

Merger of Bharat Financial into IndusInd Bank was announced in October 2017, as part of which a shareholder would get 639 shares of IndusInd Bank for every 1,000 shares of the Bharat Financial.

IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.

Indusind Bank Share Price

915.55 1.95 (0.21%)
30-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 771.20
ICICI Bank 1262.75
Axis Bank 1267.70
Kotak Mahindra Bank 382.65
Indusind Bank 915.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×