Bond Issuer
HDFC Limited
Housing Development Finance Corporation (HDFC) was incorporated on October 17th, 1977, as a Public Limited Company. The Industrial Credit and Investment Corporation of India (ICICI…
Issuer Overview
Housing Development Finance Corporation (HDFC) was incorporated on October 17th, 1977, as a Public Limited Company. The Industrial Credit and Investment Corporation of India (ICICI) promoted the company. Today, it is a key player in housing finance in the country.
About Company
Housing Development Finance Corporation (HDFC) since its inception has witnessed continued growth. The business expansion and increase in revenue have attracted investors from different segments. Today, it has many subsidiaries and associates. HDFC has a good shareholding in the different subsidiaries and associates.
Business Overview
The company floated Debenture, having ISIN number INE001A07TG4, with a face value of Rs. 10,00,000 on 01 Dec 21 to raise Rs. 10000 crores. The issue has the Maturity Date of 01 Dec 2031, a 7.05% coupon rate, and a CRISIL rating of AAA. The interest earned from the discussed Debenture will be paid annually. It successfully raised the required fund without much effort because of its good creditworthiness.
Key Highlights
- Pioneer housing finance institution in India
- Strong credit profile with AAA-rated debt history
- Diversified group presence across financial services
Credit Rating
AAA (CRISIL; illustrative from past issues)
Industries Served
- Home Loans
- Construction Finance
- Insurance
- Asset Management
- Banking (associates)
Strengths
- HDFC holds approx. 57.4% of its shares in HDFC Asset Management Company
- HDFC holds a 50.5% share in HDFC ERGO General Insurance Company
Risk Factors
- Real-estate and housing-cycle linked credit risk
- Interest-rate sensitivity of long-duration housing books
- Group and regulatory developments can affect valuations
Why Invest
- HDFC specializes in offering long-term home loans primarily to individuals in the low and middle-income categories, as well as corporate bodies. Additionally, the organization provides construction finance to companies involved in housing development businesses.
- Housing Development Finance Corporation Limited (HDFC) is an Indian private financial institution headquartered in Mumbai. It serves customers across the country through its extensive network of branches and associates.
- HDFC has expanded its operations beyond home loans and has a strong presence in various sectors, including asset management, venture capital, banking, realty, education, deposits and education loans, and life and general insurance.
- Investors considering buying shares of Housing Development Finance Corporation Limited can potentially earn a decent return on their investment. HDFC's diversified presence in multiple sectors and its reputation in the financial industry make it an attractive option for investors.
- With its wide range of financial services and extensive presence, HDFC has established itself as a prominent player in the Indian financial landscape, providing valuable services to individuals and businesses alike.
Financial Snapshot
- Total Assets
- ₹6,40,862 Cr
- D/E
- 4.16
- ROE
- 11.42%
- ROA
- 2.14%
FAQs
HDFC Bank for the first time launched its IPO in March 1995. The Initial Public Offering was valued at 500 million.
The key business areas of HDFC bank are wholesale banking, retail banking, and treasury operations.
Housing Development Finance Corporation Ltd.'s quote is equal to INR 2674.950 on 2022-12-05. A long-term increase is expected in the "HDFC" stock price based on our forecasts for 2027-11-26 to INR 3550.040. The revenue with a 5-year investment is expected to be around +32.71%.
Investing in Housing Development Finance Corporation Limited bonds can be a good choice. But invest only after considering your investment needs and different essential deciding factors.
The awards and recognitions include a #561 rank (May 2013) in the Forbes list of the Global 2000 list of largest companies and a joint study by The Economic Times and 'The Great Place to Work Institute' recognised HDFC Limited as one of India's 'Best Companies to work for' in 2012.
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Disclaimer
The facts and information on this page are for information and awareness purposes only. No information provided here is intended for any specific user and should not be construed as investment advice or a recommendation of any kind. Consult your professional investment or tax advisor before investing in any securities, including bonds mentioned on this page. Digifinn (Launchpad Fintech Private Limited) shall not be liable for losses incurred based on decisions made using information on this page. Investments in debt securities are subject to credit, market, liquidity and default risks. Past performance is not indicative of future results. Verify the latest credit ratings, offer documents and suitability before investing.