# Everything you need to know about the merger of HDFC Ltd. with HDFC Bank

**URL:** https://tradingqna.com/t/everything-you-need-to-know-about-the-merger-of-hdfc-ltd-with-hdfc-bank/149269
**Category:** Announcements
**Created:** [July 4, 2023, 5:28am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-merger-of-hdfc-ltd-with-hdfc-bank/149269 "2023-07-04T05:28:01Z")
**Posts on this page:** 12
**Page:** 4

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### Author: ![VijayNair](https://tradingqna.com/user_avatar/tradingqna.com/vijaynair/32/58853_2.png) [@VijayNair](https://tradingqna.com/u/VijayNair)
#### Post date: [July 31, 2023, 6:05am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-merger-of-hdfc-ltd-with-hdfc-bank/149269/61 "2023-07-31T06:05:46Z")

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I still see HDFC shares on ICICIDirect. Havent received HDFC Bank shares yet 🤨

Edit: Spoke to support. Had to update manually.  
What a nice “Full service” from ICICIDirect. Feel fully serviced 🙄

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### Author: ![Quicko](https://tradingqna.com/user_avatar/tradingqna.com/quicko/32/19226_2.png) [@Quicko](https://tradingqna.com/u/Quicko)
#### Post date: [August 7, 2023, 6:03am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-merger-of-hdfc-ltd-with-hdfc-bank/149269/62 "2023-08-07T06:03:25Z")

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Hello @vivek7,

The ratio of shares allocation is 42 shares of HDFC Bank for 25 shares of HDFC Limited.

In your case, you will get 25.2 shares of HDFC bank against 15 shares of HDFC Limited and 16.8 shares against 10 shares.

In the example stated by you, when you sell 25 shares the cost of acquisition of 15 shares will apply here. The cost of acquisition will be ₹1130.95 per share (₹1900\*15 shares/25.2)

Hope this helps!

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### Author: ![VijayNair](https://tradingqna.com/user_avatar/tradingqna.com/vijaynair/32/58853_2.png) [@VijayNair](https://tradingqna.com/u/VijayNair)
#### Post date: [August 7, 2023, 7:25am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-merger-of-hdfc-ltd-with-hdfc-bank/149269/63 "2023-08-07T07:25:16Z")

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> [@VijayNair](#):
>
> Spoke to support. Had to update manually.

I dont use ICICI Direct actively. Account went dormant. Probably why I had to do stuff manually.

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### Author: ![InvestorJimmy](https://tradingqna.com/user_avatar/tradingqna.com/investorjimmy/32/68353_2.png) [@InvestorJimmy](https://tradingqna.com/u/InvestorJimmy)
#### Post date: [August 7, 2023, 9:34am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-merger-of-hdfc-ltd-with-hdfc-bank/149269/64 "2023-08-07T09:34:38Z")

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Have you received the corresponding amount for the partial shares, either in your online broker’s wallet or straight into the connected bank account?

I haven’t. Checked my account statement.

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### Author: ![aniln](https://tradingqna.com/letter_avatar_proxy/v4/letter/a/22d042/32.png) [@aniln](https://tradingqna.com/u/aniln)
#### Post date: [August 8, 2023, 3:44am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-merger-of-hdfc-ltd-with-hdfc-bank/149269/65 "2023-08-08T03:44:59Z")

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In normal circumstances it take about 45-60 days from record date and will hit direct to your bank account .

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### Author: ![ShubhS9](https://tradingqna.com/user_avatar/tradingqna.com/shubhs9/32/32667_2.png) [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [August 8, 2023, 4:05am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-merger-of-hdfc-ltd-with-hdfc-bank/149269/66 "2023-08-08T04:05:38Z")

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> [@InvestorJimmy](#):
>
> Have you received the corresponding amount for the partial shares, either in your online broker’s wallet or straight into the connected bank account?
> 
> I haven’t. Checked my account statement.

The credit of amount for fractional shares can take time, generally 30 - 45 days from the record date. Also, the amount will be credited directly to your primary bank account.

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### Author: ![Subh](https://tradingqna.com/user_avatar/tradingqna.com/subh/32/65073_2.png) [@Subh](https://tradingqna.com/u/Subh)
#### Post date: [October 3, 2023, 11:26am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-merger-of-hdfc-ltd-with-hdfc-bank/149269/67 "2023-10-03T11:26:35Z")

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Today I am checking my bank account statement, I didn’t found HDFC partial share credit amount. Anyone got that?  
You said it generally take 30-45 days. Today is 03rd OCT still haven’t received.

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### Author: ![kishankukadiya](https://tradingqna.com/user_avatar/tradingqna.com/kishankukadiya/32/38726_2.png) [@kishankukadiya](https://tradingqna.com/u/kishankukadiya)
#### Post date: [October 5, 2023, 6:42pm UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-merger-of-hdfc-ltd-with-hdfc-bank/149269/68 "2023-10-05T18:42:03Z")

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The same concern for me as well I have not received the amount for the fractional portion of shares.

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### Author: ![ShubhS9](https://tradingqna.com/user_avatar/tradingqna.com/shubhs9/32/32667_2.png) [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [October 6, 2023, 2:57pm UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-merger-of-hdfc-ltd-with-hdfc-bank/149269/69 "2023-10-06T14:57:44Z")

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> [@Subh](#):
>
> Today I am checking my bank account statement, I didn’t found HDFC partial share credit amount. Anyone got that?  
> You said it generally take 30-45 days. Today is 03rd OCT still haven’t received.

> [@kishankukadiya](#):
>
> The same concern for me as well I have not received the amount for the fractional portion of shares.

You can reach out to the RTA of the company, who can provide the timeline by which payment for fractional shares will be done. You can find the contact details [here](https://www.bseindia.com/stock-share-price/hdfc-bank-ltd/hdfcbank/500180/corp-information/).

.

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### Author: ![Aadarsh\_Sharma](https://tradingqna.com/user_avatar/tradingqna.com/aadarsh_sharma/32/70048_2.png) [@Aadarsh\_Sharma](https://tradingqna.com/u/Aadarsh_Sharma)
#### Post date: [October 8, 2023, 3:11pm UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-merger-of-hdfc-ltd-with-hdfc-bank/149269/70 "2023-10-08T15:11:55Z")

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It is nearly 90 days that the merger has taken place but the fractional share amount hasn’t been credited to my bank account . Any legal action that we can take… Since I believe the deadline for such is 90 days.

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### Author: ![Akash\_Shah](https://tradingqna.com/user_avatar/tradingqna.com/akash_shah/32/35480_2.png) [@Akash\_Shah](https://tradingqna.com/u/Akash_Shah)
#### Post date: [October 9, 2023, 3:11pm UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-merger-of-hdfc-ltd-with-hdfc-bank/149269/71 "2023-10-09T15:11:12Z")

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> [@Aadarsh\_Sharma](#):
>
> Any legal action that we can take

you want to take legal action because your 1000 rs payout is delayed?? Seriously?  
Anyways limit is 90 days from allotment of share, so wait for few more days before reaching out to lawyer.

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### Author: ![Jason\_Castelino](https://tradingqna.com/user_avatar/tradingqna.com/jason_castelino/32/91357_2.png) [@Jason\_Castelino](https://tradingqna.com/u/Jason_Castelino)
#### Post date: [October 9, 2023, 3:43pm UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-merger-of-hdfc-ltd-with-hdfc-bank/149269/72 "2023-10-09T15:43:21Z")

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> [@Akash\_Shah](#):
>
> you want to take legal action because your 1000 rs payout is delayed?? Seriously?

Lol. I was thinking of the exact same thing but then decided to not reply. 😬😬😬

That too against hdfc bank. This is what happens when you think everything in stock market is a scam.  
Relax. It will come to your account.

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