HDFC stock’s 45-year-old journey ends today. What's in store now?

economictimes.indiatimes.com:

HDFC are getting delisted today following an all-stock reverse merger with subsidiary HDFC Bank. All existing monthly and weekly F&O contracts of HDFC will expire on Wednesday and shall be physically settled. All shareholders of HDFC will get 42 HDFC Bank shares for every 25 shares of its parent company.

“Shareholders holding less than 25 shares in HDFC will receive proportionate shares in HDFC Bank according to ratio, and a fraction, if any, will be extinguished and paid at the current market price,” said Ruchit Jain of 5paisa.com. The mega-merger, which will lead to the birth of the world's fourth-largest lender by market capitalisation, will also trigger a reshuffle in Nifty. With HDFC Bank's free float market capitalisation becoming higher than that of India's most valued company Reliance Industries (RIL), the private lender will end up commanding the largest pie of 14.43% in Nifty from tomorrow.

Like its parent entity, HDFC which got listed in 1978, HDFC Bank has also been one of the top wealth creators. Launched on 14th March 1995, HDFC Bank's Rs 50 crore-IPO was at an issue price of just Rs 10 and was oversubscribed 53 times.HDFC Bank stock outlookAnalysts are unanimous that merger-related synergies will make HDFC Bank get access to secured and long-tenor retail mortgage products as well as a large customer base. «We expect merged loan growth to accelerate from 15-16% currently to 17-18% in four quarters, particularly as mortgage loan growth accelerates,» Morgan Stanley analysts, including Sumeet Kariwala said.