HDB Financial Services (HDBFS) is a leading Non-Banking Financial Company (NBFC) that caters to the growing needs of an Aspirational India, serving both Individual & Business Clients.
Incorporated in 2007, we are a well-established business with strong capitalization. HDBFS is accredited with CARE AAA & CRISIL AAA ratings for its long-term debt & Bank facilities and an A1+ rating for its short-term debt & commercial papers, making it a strong and reliable financial institution. Their lines of business include – Lending and BPO Services.
Lending
Company offer a wide range of secured and unsecured loans to our customers. They provide a one-stop-shop for all requirements, be it loans, investments or protection. They have quickly grown to have more than 1600 Branches spread across 27 States & 4 Union Territories.
BPO Services
Their BPO services division delivers back office services such as forms processing, documents verification, finance and accounting services and correspondence management. They also deliver front office services such as Contact center management, Outbound marketing and collection services.
Parent Company
HDB Financial Services Limited is a subsidiary company of HDFC Bank.
The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI's liberalisation of the Indian Banking Industry in 1994. The bank was incorporated in August 1994 in the name of 'HDFC Bank Limited', with its registered office in Mumbai, India. HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995.
Stay informed about the latest news and developments regarding HDB Financial Services.
At HDB Financial Services Limited, employees strive to uphold our core values in every action they take. Their values define the culture. They are Integrity, Collaboration, Agility, Respect, Excellence & Simplicity. These values are the foundation of everything we do, from how we interact with each other to how we serve our customers. When it comes to describing company values, leaders are very clear in stating what, how and why of living our values in letter and spirit, in this video.
The company is a good bet based on its potential for an improvement in return on assets driven by margin expansion, and lower credit costs given its best-in-class underwriting standards, says the brokerage.
Valuations for HDB Financial Services based on its current price in the unlisted market of Rs 1,240 per share imply FY26F P/B of 4.6x. HDB Financial Services is trading at Rs 1,240 in unlisted markets, but analysts suggest a valuation of Rs 800–Rs 900 due to current market conditions fundamentals.
HDB Financial Services, owned by HDFC Bank, is planning a ₹12,500 crore IPO, aiming to be the largest NBFC listing in India. While unlisted market shares surged to ₹1,200, experts predict a more realistic IPO price of ₹750-₹800. The listing is driven by RBI regulations requiring upper-layer NBFCs to go public.
The NBFC will also issue fresh equity shares worth ₹2,500 crore in the IPO, taking the total size of the issue to around ₹12,500 crore, the bank said in a notice to the stock exchanges.
Go back to check complete list of Unlisted Shares
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