Profit After Tax
Cashflow - Operations
Cashflow - Financing
Compounded Sales Growth
Compounded Profit Growth
Return On Equity
The non-banking financial company (NBFC) earlier had plans to raise funds via an initial public offering under the leadership of Aditya Puri. On 6 August 2021, it was reported that HDFC bank has decided to suspend IPO plans for its subsidiary HDB Financial Services Ltd. (HDBFSL).
The NBFC arm will focus on further improving its technology platform. The bank will first consider testing the market for price discovery through a small stake sale.
|Funded By||Funding Amount||Date of Investment||Funding Round||Fund Name|
|International Finance Corporation||₹ 975 Cr||May 2018||1||Debt Financing|
HDB Financial Services Limited agreed in principle to acquire Atlas Documentary Facilitators Company Private Limited from HDFC Bank Ltd and others for INR 75.6 million on July 15, 2014. As per the terms of agreement, HDB Financial Services issued 7,540,515 equity shares of INR 10 each to Atlas Documentary Facilitators Company equity shareholders and it also issued 20,470 equity shares of INR 10 each to HBL equity shareholders.
As of 31st Mar'22, HDB Financial services has assets worth Rs.78.15 Cr.
|Office equipment||Rs.11.27 Cr.|
|Furniture and fixtures||Rs.14.64Cr.|
|Leasehold improvements||Rs.28.76 Cr.|
|motor cars||Rs.3.29 Cr.|
|software and System development|
Reg Office: HDB Financials Services Limited, Ground Floor, Zenith House, Keshavrao Khadye Marg, Mahalaxmi, Mumbai- 400034
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