December 04, 2016 7:25 AM ET

Diversified Financial Services

Company Overview of HDB Financial Services Limited

Company Overview

HDB Financial Services Limited, a non-banking financial company, provides financing, collection, and insurance services in India. The company operates through Lending Business and BPO Services segments. It offers unsecured loans, including business and personal loans; loans against properties, gold jewelry, securities, and shares; loans for ESOPs; and enterprise business, consumer durables, car, construction equipment, and commercial vehicle loans. The company also provides various life insurance products; and general insurance products, such as motor, health, critical illness, travel, home, and personal accident insurance, as well as end to end collection services through collection call ce...

Process House

2nd Floor, Kamala Mills Compound

Senapati Bapat Marg

Lower Parel

Mumbai,  400013

India

Founded in 2007

16,508 Employees

Phone:

91 22 3958 6300

Fax:

91 22 3958 6666

Key Executives for HDB Financial Services Limited

Chief Executive Officer, Managing Director, Executive Director, Member of Share Allotment Committee, Member of Bond Allotment Committee, Member of Debenture Allotment Committee, Member of Risk Committee, Member of Corporate Social Responsibility Committee and Member of Asset Liability Committee
Age: 46
Chief Financial Officer, Member of Share Allotment Committee, Member of Asset Liability Committee, Member of Debenture Allotment Committee and Member of Bond Allotment Committee
Age: 54
Head of Human Resources & Operations
Age: 46
Head of Risk and Member of Risk Committee
Age: 42
Business Head
Age: 44
Compensation as of Fiscal Year 2016.

HDB Financial Services Limited Key Developments

HDB Financial Services Intends to Raise Twenty One Tranche of INR 1,700 Million with Green Shoe Option

HDB Financial Services has secured an approval from its Board of Directors to borrow funds by issue of secured redeemable non-convertible debentures on private placement basis, in one or more tranches, up to INR 70,000 million (Issue) at their meeting held on April 14, 2016. The company now intends to raise its Twenty one tranche of INR 1,700 million with Green Shoe Option to retain over-subscription up to INR 2,700 million, in aggregate on private placement. The securities under this Tranche would be allotted by the consent of the Debenture Allotment Committee on September 23, 2016.

Hdb Financial Services Limited to Raise INR 2,000 Million on Private Placement

HDB Financial Services Ltd. announced that the Company has secured an approval from its Board of Directors to borrow funds by issue of secured redeemable non-convertible debentures on private placement basis, in one or more tranches, upto INR 50,000 million at their meeting held on July 15, 2015. And that, the stock exchange has provided an in-principle approval for this Issue vide, its letter dated December 08, 2015. The Company now Intends to raise its Tenth tranche of INR 2,000 million with Green Shoe Option to retain over-subscription upto INR 2,500 million, in aggregate on private placement. The securities under this Tranche would be allotted by the consent of the Debenture Allotment Committee on May 20, 2016.

HDB Financial Services Limited to Issue Secured Redeemable Non-Convertible Debentures on Private Placement Basis

HDB Financial Services Limited has secured an approval from its Board of Directors to borrow funds by issue of secured redeemable non-convertible debentures on private placement basis, in one or more tranches, up to INR 50.00 billion at their meeting held on July 15, 2015. And that, the BSE has provided an in-principle approval for this Issue vide, its letter dated December 08, 2015. The Company now intends to raise its ninth tranche of INR 1.75 billion, in aggregate on private placement. The securities under this Tranche would be allotted by the consent of the Debenture Allotment Committee on May 02, 2016.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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