About HDFC Sales Private Limited
Data last updated:
HDFC Sales Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Housing Development Finance Corporation Limited. It operates in the financial product distributors segment of the financial services sector. It was incorporated on 23 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65920MH2004PTC144182. Its GSTIN is 27AABCH4278H1ZG (Maharashtra). The company holds 23 GST registrations, of which 22 are active.
The company has an authorised share capital of ₹150 Cr and a paid-up capital of ₹122 Cr. It was formerly known as Home Loan Services India Private Limited. It is led by directors including Subodh Kamalakar Salunke and Simrita Kaur Ahluwalia.
Its last annual general meeting (AGM) was held on 28 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,143.47 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹76.09 Cr (net margin 6.7%) and EBITDA of ₹151.94 Cr (EBITDA margin 13.3%).
The company has about 13,861 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HDFC Sales. Court records list 16 cases involving the company, including 5 filed by the company and 11 filed against it; 7 cases are pending. The company has 7 deals on record (3 rights issues, 2 debt financings, 2 secondary share transfers), with disclosed funding of ₹27 Cr; the latest was in July 2023. Its 5 peer companies in the BFSI industry (Financial Instrument Distributors), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 2 larger and 3 smaller; the largest is NJ Indiainvest Private Limited with revenue of ₹2,621.89 Cr. The company has 13 MSME Form 1 returns on record between 2020 and 2024, listing 2,241 overdue payments to 214 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hdfcsales.com.
Company details
Contact details
HDFC Sales Private Limited's registered office is in Mumbai, Maharashtra. Its website is hdfcsales.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address1st Floor Ramon House 169, H. T. Parekh Marg, Mumbai, Maharashtra, India – 400020
- IndustryFinancial Services, Financial Product Distributors
To see the full contact details of HDFC Sales Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
HDFC Sales operates one associated brand: HDFC Sales. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive home, education, and other loan services. | hdfcsales.com |
Business activity
The main business activities of HDFC Sales are financial and insurance service and support service to organizations. In detail, this covers financial advisory, brokerage and consultancy services and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of HDFC Sales Private Limited, buy the company report.
Financials of HDFC Sales Private Limited
FY 2025 filings availableHDFC Sales Private Limited reported revenue of ₹1,143.47 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year. EBITDA rose 58% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹151.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹76.09 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.3% | ||||
| Net Profit Margin | 6.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of HDFC Sales Private Limited, buy the company report.
Board of directors of HDFC Sales Private Limited
HDFC Sales has 4 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subodh Kamalakar Salunke | Director | 01 Aug 2025 | 1 Years 2 Months | Current |
| Sumant Vinay Rampal | Nominee Director | 07 May 2024 | 2 Years 5 Months | Current |
| Simrita Kaur Ahluwalia Also directs: Edu Voyage Education Private Limited | Director | 03 Jan 2024 | 2 Years 9 Months | Current |
| Bhavesh C Zaveri Also directs: HDFC Trustee Company Limited | Nominee Director | 31 Jan 2024 | 2 Years 8 Months | Current |
Peer comparison
HDFC Sales Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Financial Instrument Distributors), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NJ Indiainvest Private Limited | ₹2,621.89 Cr (FY 2025) | 23.0% | Surat, Gujarat, India | |||
| Sbicap Securities Limited | ₹2,329.01 Cr (FY 2025) | 29.0% | Mumbai, Maharashtra, India | |||
| HDFC Sales Private Limitedthis company | ₹1,143.47 Cr (FY 2025) | ₹76.09 Cr | 6.7% | 6.0% | 13,861 | Mumbai, Maharashtra, India |
| Prudent Corporate Advisory Services Limited | ₹1,133.48 Cr (FY 2025) | 37.0% | Ahmedabad, Gujarat, India | |||
| Anand Rathi Wealth Limited | ₹980.65 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Geojit Financial Services Limited | ₹749.32 Cr (FY 2025) | 20.0% | Kochi, Kerala, India |
To see the full peer comparison of HDFC Sales Private Limited, buy the company report.
Auditor
HDFC Sales Private Limited is audited by B S R & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2024 | 101248W/W-100022 |
Shareholding
The shareholding of HDFC Sales Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of HDFC Sales Private Limited, buy the company report.
Deals & funding
HDFC Sales Private Limited has 7 deals on record (3 rights issues, 2 debt financings, 2 secondary share transfers), with disclosed funding of ₹27 Cr; the latest was in July 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: HDFC Bank Limited , Hdfc Bank Limited & Santosh Gurudas Haldankar Seller: Housing Development Finance Corporation Limited , Housing Development Finance Corporation Limited & Joseph Conrad Agnelo D Souza |
| Apr 2020 | Rights issue | ₹55 Cr | Investors: Housing Development Finance Corporation Limited |
| Mar 2018 | Rights issue | ₹47 Cr | Investors: Housing Development Finance Corporation Limited |
| Mar 2018 | Debt financing | ₹17 Cr | Investors: Housing Development Finance Corporation Limited |
| Jun 2017 | Rights issue | ₹15.99 Cr | Investors: Housing Development Finance Corporation Limited |
To see the full deal history of HDFC Sales Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
HDFC Sales Private Limited has 16 court cases on record: 5 filed by HDFC Sales, 11 filed against it. 7 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 5 | 4 |
| District courts | 7 | 6 | 3 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by HDFC Bank Ltd., Rept by Anil Kumar.V | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| High Court | Writ petition | Filed against the company by an individual | Pending |
| District court, East, Delhi | Commercial suit | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-1 | Pending |
To see the full case history of HDFC Sales Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
HDFC Sales Private Limited has 13 MSME Form 1 returns on record between 2020 and 2024, listing 2,241 overdue payments to 214 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 214)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| JHS & Associates LLP | |||
| Clover Infotech Private Limited | |||
| Megatherm Electronics Pvt Ltd | |||
| Credvest India Private Limited | |||
| Bscpl Infrastructure Limited |
To see the full MSME payment records of HDFC Sales Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
HDFC Sales Private Limited has a workforce of 13,861 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
HDFC Sales has 23 GST registrations: 22 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH4278H1ZG | Maharashtra | Active | 01 Jul 2017 |
| 03AABCH4278H1ZQ | Punjab | Active | 01 Jul 2017 |
| 04AABCH4278H1ZO | Chandigarh | Active | 01 Jul 2017 |
| 05AABCH4278H1ZM | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of HDFC Sales Private Limited, buy the company report.
Recent activity
HDFC Sales Private Limited has 32 board changes on record since 2004: 18 appointments and 14 cessations. The latest: Rajeev Sardana ceased to be Director on 28 Aug 2025.
23 earlier events are in the company report.
News
Frequently asked questions
HDFC Sales is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial product distributors, within the financial services industry. It was incorporated on 23 January 2004 (22+ years old) and is registered under CIN U65920MH2004PTC144182.
HDFC Sales has 4 current directors:
- Subodh Kamalakar Salunke - Director
- Sumant Vinay Rampal - Nominee Director
- Simrita Kaur Ahluwalia - Director
- Bhavesh C Zaveri - Nominee Director
The latest financial statements of HDFC Sales on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of HDFC Sales is 27AABCH4278H1ZG, registered in Maharashtra. The company has 23 GST registrations in all, of which 22 are active and 1 is cancelled or inactive. Other active GSTINs include 03AABCH4278H1ZQ (Punjab), 04AABCH4278H1ZO (Chandigarh), 05AABCH4278H1ZM (Uttarakhand).
The CIN (Corporate Identification Number) of HDFC Sales is U65920MH2004PTC144182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HDFC Sales has 16 court cases on record: 5 filed by the company and 11 filed against it. 7 are pending. Most are in the high courts.
HDFC Sales was incorporated on 23 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
HDFC Sales has 7 deals on record (3 rights issues, 2 debt financings, 2 secondary share transfers), with disclosed funding of ₹27 Cr; the latest was in July 2023.
The peers of HDFC Sales by revenue are NJ Indiainvest Private Limited, Sbicap Securities Limited, Prudent Corporate Advisory Services Limited, Anand Rathi Wealth Limited, Geojit Financial Services Limited, all in the BFSI industry (Financial Instrument Distributors), with the same principal business activity (financial advisory, brokerage and consultancy services).
Rajeev Sardana ceased to be Director on 28 Aug 2025. Subodh Kamalakar Salunke was appointed as Director on 01 Aug 2025. Suryakant Nanalal Shroff ceased to be Director on 23 Mar 2025. HDFC Sales has 32 board changes on record in total.
HDFC Sales has 13 MSME Form 1 returns on record between 2020 and 2024, listing 2,241 overdue payments to 214 micro and small suppliers. The latest return was filed on 25 Apr 2024.
HDFC Sales can be reached through the website hdfcsales.com. Its registered office is in Mumbai, Maharashtra, India.