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Banking and Finance
Sub Sector: leading, diversified retail-focused non-banking financial companies (NBFCs) in India.
HDB Financial Services is categorized as an Upper Layer NBFC (NBFC-UL) by the RBI. They offer a large portfolio of lending products that cater to a growing and diverse customer base through a wide omni-channel distribution network. Their lending products are offered through their three business verticals: Enterprise Lending, Asset Finance and Consumer Finance. Success of their business model and operating philosophy is evidenced by their strong and sustained growth and profitability metrics. Their Total Gross Loans stood at Rs 986.2 billion as at September 30, 2024, reflecting a CAGR of 20.93% beten March 31, 2022 to September 30, 2024. Their assets under management stood at Rs 902.3 billion as at March 31, 2024 reflecting a CAGR of 21.18% between Fiscal 2022 and Fiscal 2024. In Fiscal 2024, they generated a profit after tax of Rs 24.6 billion, which reflected a CAGR of 55.98% beten Fiscal 2022 and Fiscal 2024. Their Total Gross Loans growth, operating efficiencies and strong asset quality helped to deliver Return on Average Assets of 3.03% and Return on Average Equity of 19.55% for Fiscal 2024, which is one of the highest amongst their NBFC peers, according to the CRISIL Report.
Link Intime India Private Limited
Hdb Financial Services operates in Banking and Finance and leading, diversified retail-focused non-banking financial companies (NBFCs) in India.. The Issue would be listed on MainBoard. The registrar of the Issue is Link Intime India Private Limited. The IPO type of Hdb Financial Services is Book Building Process and Object of issue is
Merchant Banker of Hdb Financial Services IPO is Bnp Paribas , Bofa Securities India Limited , Goldman Sachs (India) Securities Private Limited , Hsbc Securities & Capital Markets Private limited , Iifl Securities Limited , Jefferies India Private Limited , Jm Financial Limited , Morgan Stanley India Company Private Limited , Motilal Oswal Investment Advisors Limited , Nomura Financial Advisory And Securities (India) Private Limited , Nuvama Wealth Management Limited , Ubs Securities India Private Limited
The DRHP (Draft Red Herring Prospectus) of Hdb Financial Services IPO was filed on 30 Oct 2024.
No, Hdb Financial Services IPO is not yet listed. See other upcoming MainBoard IPOs here.
The IPO open date and IPO close date of Hdb Financial Services are not available now. You can apply in Hdb Financial Services IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.
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