IDBI Bank is an Indian government-owned financial service company, headquartered in Mumbai, India. It is owned by the Government of India and is one of the largest commercial banks in India. IDBI Bank offers banking and financial services including corporate banking, retail banking, and various other financial services.
It also has a presence in over 1000 cities and towns in India and has a network of over 1,800 branches and more than 3,000 ATMs. IDBI Bank has a wide range of products and services. These include savings accounts, fixed deposits, current accounts, loans, credit cards, and debit cards. It also offers a range of insurance products and mutual fund investments.
IDBI Bank is one of the few banks in India that is actively involved in micro-finance activities. The bank has a dedicated department to cater to micro-finance customers.
Stock History of IDBI Bank
IDBI Bank was listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in 2004. Since then, its stock has seen a consistent rise and fall, with prices ranging from Rs. 20 to Rs. 70. The highest-ever market capitalization of the bank was recorded in 2015 when it touched Rs. 27,800 crores. The current market capitalization of the bank is Rs. 58,439 crores. IDBI Bank has also been included in the Nifty 50. It is currently trading at around Rs. 55.
IDBI Bank in recent news
- IDBI Bank signs agreement to transfer IDBI MF business to LIC MF
- Suresh Khatanhar was re-appointed as deputy MD at IDBI Bank.
How to buy IDBI bank shares in India?
To buy IDBI Bank shares in India, you need to open a Demat account with a registered stock broker. Once you have opened the account, you can transfer money from your bank account to the broker’s account. After that, you can place an order to buy the shares online or through a broker. Once your order is executed, the shares will be transferred to your Demat account. You can then hold the shares in your Demat account and sell them when you want. Some of the online platforms selling IDBI Bank shares are Zerodha, Groww, 5paisa, and Upstox.
IDBI Bank Share Price Prediction 2023-2030
IDBI Bank Share Price Target 2023 is Rs. 78.11
| When | Maximum Price | Minimum Price |
| February 2023 | ₹51.22 | ₹39.79 |
| March 2023 | ₹47.67 | ₹38.59 |
| April 2023 | ₹51.03 | ₹36.95 |
| May 2023 | ₹44.03 | ₹30.79 |
| June 2023 | ₹48.03 | ₹36.95 |
| July 2023 | ₹57.64 | ₹44.34 |
| August 2023 | ₹63.40 | ₹48.77 |
| September 2023 | ₹66.57 | ₹51.21 |
| October 2023 | ₹63.40 | ₹48.77 |
| November 2023 | ₹69.74 | ₹53.65 |
| December 2023 | ₹78.11 | ₹60.09 |
Based on the current performance of the bank and the growing demands of banking services with growth in the economy, the future of IDBI bank looks bright.
According to our prediction and calculations, the share price of IDBI Bank will reach Rs. 78.11 by the end of 2023.
April 2023 looks bullish for IDBI bank share holders.
IDBI Bank Share Price Target 2024 is Rs. 109.36
| When | Maximum Price | Minimum Price |
| January 2024 | ₹82.22 | ₹63.25 |
| February 2024 | ₹92.39 | ₹76.99 |
| March 2024 | ₹97.25 | ₹79.06 |
| April 2024 | ₹88.41 | ₹68.01 |
| May 2024 | ₹73.67 | ₹56.67 |
| June 2024 | ₹88.41 | ₹68.01 |
| July 2024 | ₹75.15 | ₹58.25 |
| August 2024 | ₹82.66 | ₹65.60 |
| September 2024 | ₹86.79 | ₹66.77 |
| October 2024 | ₹102.11 | ₹78.55 |
| November 2024 | ₹107.22 | ₹82.47 |
| December 2024 | ₹109.36 | ₹84.12 |
IDBI Bank share price target for 2024 is expected to be around Rs. 109.36.
This is based on the current performance of the bank and the increasing demand for banking services. The bank is expected to benefit from the government’s initiatives to promote financial inclusion and the increasing demand from people for digital banking services.
The bank is also expected to benefit from its strong presence in the retail banking and corporate banking segments.
IDBI Bank Share Price Target 2025 is Rs. 132.66
| When | Maximum Price | Minimum Price |
| January 2025 | ₹111.55 | ₹85.81 |
| February 2025 | ₹117.42 | ₹90.32 |
| March 2025 | ₹123.29 | ₹94.84 |
| April 2025 | ₹110.08 | ₹84.68 |
| May 2025 | ₹100.07 | ₹76.98 |
| June 2025 | ₹110.08 | ₹84.68 |
| July 2025 | ₹104.84 | ₹80.65 |
| August 2025 | ₹109.21 | ₹84.01 |
| September 2025 | ₹114.67 | ₹88.21 |
| October 2025 | ₹121.55 | ₹93.50 |
| November 2025 | ₹130.06 | ₹100.04 |
| December 2025 | ₹132.66 | ₹102.04 |
The IDBI Bank share price target for 2025 is Rs. 132.66.
The share price is expected to start at a minimum of Rs. 85.81 in January 2025 and reach a maximum of Rs. 132.66 in December 2025.
Overall, the IDBI share price is expected to increase throughout the year.
However, the share price may also experience fluctuations, with a minimum target of Rs. 76.98 in May 2025.
It is important to note that these are just projections and actual market conditions may differ.
IDBI Bank Share Price Target 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹92.86 | ₹65.00 |
| 2027 | ₹78.93 | ₹55.25 |
| 2028 | ₹142.08 | ₹99.45 |
| 2029 | ₹291.85 | ₹204.29 |
| 2030 | ₹325.01 | ₹227.51 |
For the next few years the market is expected to be bullish, but just until 2025 specially PSU banks.
As experts say, the market will see a bear run for two consecutive years i.e. 2026 and 2027. But the further years would witness an unseen bull run.
Hence, the share price will reach Rs. 132 in 2025 and fall drastically to Rs. 65 in 2026 and then further down to Rs. 55.
But in 2028 price will reach Rs. 142.08 in 2028 and Rs. 291.85 in 2029 and further it will close the year 2030 at Rs. 325.01.
IDBI Bank Financial Condition: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 | |||
| Sales | 23,046.25 | 22,102.10 | 20,854.19 | 19,961.97 | 18,319.18 | |||
| Expenses | 20,698.41 | 24,117.99 | 24,097.35 | 11,490.47 | 11,178.48 | |||
| Operating Profit | 2,347.84 | -2,015.89 | -3,243.16 | 8,471.50 | 7,140.70 | |||
| Other Income | 7,248.06 | 3,535.33 | 4,631.26 | 4,864.99 | 4,958.56 | |||
| Depreciation | 376.81 | 369.95 | 394.38 | 396.85 | 417.26 | |||
| Interest | 17,376.20 | 16,162.46 | 13,841.12 | 11,407.51 | 9,124.93 | |||
| Profit before tax | -8,157.11 | -15,012.97 | -12,847.40 | 1,532.13 | 2,557.07 | |||
| Tax | – | – | – | – | – | |||
| Net profit | -8,132.40 | -14,986.7 | -12,835.24 | 1,513.97 | 2,533.67 | |||
| EPS | -26.37 | -19.37 | -12.36 | 1.41 | 2.36 | |||
| Price to earning | -2.74 | -2.41 | -1.56 | 27.38 | 18.16 | |||
| Price | 72.20 | 46.65 | 19.30 | 38.55 | 42.80 | |||
| RATIOS: | ||||||||
| Dividend Payout | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||
| OPM | 10.19% | 0.00% | 0.00% | 42.44% | 38.98% |
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FAQs
Will IDBI Bank share price grow in 2023?
It is anticipated that the price of IDBI Bank shares will increase in 2023, due to its current performance and increased need for banking services. The bank is expected to benefit from the government’s initiatives to support financial inclusion and the rising demand for digital banking services, in addition to its strong presence in retail banking and corporate banking.
What is the market capitalisation of IDBI Bank?
As of February 12, 2023, IDBI Bank has a market cap of Rs. 53,179 Crore.
Can IDBI Bank share price reach Rs.300?
At this time, it is not likely that the price of IDBI Bank shares will reach Rs. 300 by the end of 2030.
The bank’s share price is currently trading at around Rs. 49, and it is expected to increase gradually over time.
However, the share price is subject to market conditions and the performance of the bank. It is therefore not possible to predict whether or not IDBI Bank share price will reach Rs. 300 in the future.
What is IDBI Bank share price target for 2025?
IDBI bank share price target 2025 suggest it could be trading at ₹132.66 maximum. Minimum IDBI share price for 2025 is ₹76.98. In best possible scenario, IDBI share could be trading at more than 150% gain from its current price.
What is IDBI Bank share price target for 2030?
IDBI bank share price target for 2030 is in between ₹325.01 to ₹227.51. From the current price, the stock price should go up by 600%.
Can IDBI reach 500INR?
I do not think IDBI bank can touch 500INR in next 10 years. For IDBI to touch 500INR, shares need to grow by more than 10 times, which does not look like a near possibility.
Conclusion
In conclusion, IDBI Bank is a government-owned financial service company with a strong presence in retail and corporate banking. Its stock has seen a consistent rise and fall since its launch, with prices ranging from Rs. 20 to Rs. 195.
The bank is expected to benefit from the government’s initiatives to promote financial inclusion and the increasing demand from people for digital banking services.
IDBI Bank share price targets for 2023, 2024, 2025 to 2030 are expected to be around Rs. 78.11, Rs. 109.36, Rs. 132.66, Rs. 92, Rs. 78, Rs. 142, Rs. 291 and Rs. 170 respectively.
However, the actual performance of the bank and the market conditions will determine the actual share price in the future.
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