Housing Development Finance Corporation Limited

Housing Development Finance Corporation Limited - financial services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN L70100MH1977PLC019916 Incorporated 17 October 1977 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Listed Public Limited Company financial services
Revenue · FY 2022
₹47,990 Cr
▼ 0.39% YoY
Authorised capital
₹540.61 Cr
Registered with MCA
Paid-up capital
₹370.29 Cr
Issued & subscribed
Satisfied charges
₹19,161 Cr
No open charges
Company age
49 yrs
Est. 1977
Employees · EPFO
4,139
Provident fund records
Directors on board
9
As per MCA filings
Key managerial staff
1
CEO, CFO, company secretary

About Housing Development Finance Corporation Limited

Data last updated:

Housing Development Finance Corporation Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the housing finance companies segment of the financial services sector. It was incorporated on 17 October 1977.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN L70100MH1977PLC019916. Its GSTIN is 27AAACH0997E1ZL (Maharashtra). The company held 29 GST registrations, of which 27 are active. It is recorded as listed by MCA, but its shares were delisted from BSE on 28 Mar 2024 · merger, and no longer trade on a stock exchange.

The company had an authorised share capital of ₹540.61 Cr and a paid-up capital of ₹370.29 Cr. It was led by directors including Keki Minoo Mistry (Managing Director) and Renu Sud Karnad (Managing Director).

Its last annual general meeting (AGM) was held on 30 June 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Ramon House 169 Backbay Reclamation H T Parekh Marg India, Mumbai, Maharashtra, India – 400020.

As per the financials filed for FY 2022, the company reported a revenue of ₹47,990 Cr, a decline of 0.39% compared to the previous year.

The company had about 4,139 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 11 subsidiaries.

The company was associated with 2 brands: HDFC Capital and HDFC. As per MCA filings, the company had satisfied charges of ₹19,161 Cr on record. Court records list 14,548 cases involving the company, including 12,761 filed by the company and 1,788 filed against it; 2,591 cases are pending. The company has 116 deals on record (102 market trades, 5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1,05,180 Cr; the latest was in March 2023. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 177 overdue payments to 53 micro and small suppliers.

The last known website on record is hdfc.com.

Company details

CIN L70100MH1977PLC019916
Registration Number 019916
Incorporation Date 17 October 1977
ROC Mumbai
Listing Status Listed - Delisted from BSE on 28 Mar 2024 · merger
Company Status Amalgamated
Compliance Status Active Compliant
Key People
Keki Minoo Mistry Managing Director Renu Sud Karnad Managing Director Srinivasa Rangan Vedanthachari Whole-Time Director

Recognitions & Rankings of Housing Development Finance Corporation

India's Most Valuable Companies 2022 edition · Source: Hurun India
Rank#7
Valuation
₹4,48,844 Cr
1-year change
-10.4%
2021 #6

Contact details

Housing Development Finance Corporation Limited's registered office is in Mumbai, Maharashtra. Its website is hdfc.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    hdfc.com
  • Social Media
  • Apps
  • Registered Address
    Ramon House 169 Backbay Reclamation H T Parekh Marg India, Mumbai, Maharashtra, India – 400020
  • Industry
    Financial Services, Housing Finance Companies

To see the full contact details of Housing Development Finance Corporation Limited, buy the company report.

Comprehensive company report
Housing Development Finance Corporation Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Housing Development Finance Corporation operates two associated brands: HDFC Capital and HDFC. Each brand links to its own profile.

BrandDescriptionWebsite
HDFC Capital
Invests in affordable housing projects through real estate funds in India.hdfccapital.com
HDFC
Provider of housing finance solutionshdfc.com

Business activity

Housing Development Finance Corporation operates primarily in the financial and insurance service sector. One business activity is registered with the MCA.

Main activity groupBusiness activityShare of turnover
Financial and insurance ServiceOther financial activities

To see the full business activity and turnover split of Housing Development Finance Corporation Limited, buy the company report.

Financials of Housing Development Finance Corporation Limited

FY 2022 filings available

Housing Development Finance Corporation Limited reported revenue of ₹47,990 Cr (down 0.39% YoY) for FY 2022.

Revenue · FY 2022
₹47,990 Cr ▼ 0.39%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 0.39%

Revenue fell 0.39% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹47,990 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin
Net Profit Margin
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 Housing Development Finance Corporation Limited, buy the company report.

Board of directors and KMP of Housing Development Finance Corporation Limited

Housing Development Finance Corporation Limited currently reports 8 directors and 1 key managerial person. 16 former directors have served the organization.

Directors and KMP (as last reported)
NameDesignationAppointment DateTenureStatus
Bhaskar Ghosh
Also directs: HDFC Life Insurance Company Limited, Trimurai Solutions LLP
Director27 Sep 20188 Years 1 MonthsAs last reported
Ireena Vittal
Also directs: Asian Paints Limited, Maruti Suzuki India Limited, Urban Company Limited and 3 more
Director30 Jan 20197 Years 9 MonthsAs last reported
Rajesh Narain Gupta
Also directs: HDFC Capital Advisors Limited, Teesta Innovations Advisory LLP, Axis Capital Limited and 1 more
Director02 Aug 20215 Years 3 MonthsAs last reported
Prathivadibhayankara Rajagopalan Ramesh
Also directs: Nestle India Limited, Cipla Limited, Crompton Greaves Consumer Electricals Limited and 5 more
Director02 Aug 20215 Years 3 MonthsAs last reported
Keki Minoo Mistry
Also directs: HDFC Bank Limited, HDFC Ergo General Insurance Company Limited, HDFC Capital Advisors Limited and 5 more
Managing Director01 Feb 199333 Years 9 MonthsAs last reported
Srinivasa Rangan Vedanthachari
Also directs: HDFC Bank Limited, HDFC Asset Management Company Limited, Credila Financial Services Limited
Whole-Time Director14 Jul 201016 Years 3 MonthsAs last reported
Showing 6 of 9 current directors and KMP. View all directors and KMP

Auditor

Housing Development Finance Corporation Limited is audited by B S R & CO. LLP for the financial year 2019.

Auditor firmFinancial yearFirm registration number
B S R & CO. LLPFY 2019101248W/W-100022

Shareholding

The shareholding of Housing Development Finance Corporation Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Housing Development Finance Corporation Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹19,161 Cr
Breakdown by lending institutions
Idbi Trusteeship Services Limited₹18,546.20 Cr
Central Bank of India₹615.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Feb 2018100163155Idbi Trusteeship Services Limited₹2,500 CrSatisfied
23 Jan 2018100155494Idbi Trusteeship Services Limited₹250 CrSatisfied
09 Aug 2017100126213Idbi Trusteeship Services Limited₹2,500 CrSatisfied
01 Oct 201510598059Idbi Trusteeship Services Limited₹5,000 CrSatisfied
13 Aug 201510590785Idbi Trusteeship Services Limited₹3,100 CrSatisfied

To see the full charge records of Housing Development Finance Corporation Limited, buy the company report.

Total charge records: 17 View all charges

Deals & funding

Housing Development Finance Corporation Limited has 116 deals on record (102 market trades, 5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1,05,180 Cr; the latest was in March 2023.

Total deals
116
Market trades
102
Secondary share transfers
5
Funding rounds
3
Acquisitions
2
Disclosed funding
₹1,05,180 Cr

Deals on record (5 of 116)

WhenDealAmountParties
Mar 2023Debt financing₹57,000 Cr
Feb 2023Debt financing₹25,000 Cr
Dec 2022Market trade₹296.23 CrBuyer: an individual
Seller: an individual
Apr 2022AcquisitionUndisclosedBuyer: HDFC Bank Limited
Feb 2012Market trade₹9,551.57 CrBuyer: Citigroup Global Markets Mauritius Private Limited, Deutsche Securities Mauritius Limited, Icici Prudential Life Insurance Company Limited
Seller: Citigroup Strategic Holdings Mauritius Ltd, Citigroup Holdings Mauritius Limited

To see the full deal history of Housing Development Finance Corporation Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Housing Development Finance Corporation Limited was last rated by Care on 21 Sep 2022.

Rating agencyRated onRating
Care21 Sep 2022

To see the full credit ratings and regulatory alerts of Housing Development Finance Corporation Limited, buy the company report.

MSME payment delays

Housing Development Finance Corporation Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 177 overdue payments to 53 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 53)

SupplierAmount dueDue sinceReported on
Recon Asset Portfolio Management Private Limited
Ang India Limited
an individual supplier
Eagle Industrial Services Private Limited
Reshu Advertising Private Limited

To see the full MSME payment records of Housing Development Finance Corporation Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Housing Development Finance Corporation has 11 subsidiary companies and 3 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.

11
Subsidiary companies
3
Associated companies
Key subsidiaries
Company NameCINShares held
HDFC Asset Management Company LimitedL65991MH1999PLC123027
HDFC Sales Private LimitedU65920MH2004PTC144182
HDFC Investments LimitedU65990MH1994PLC083933
HDFC Trustee Company LimitedU65991MH1999PLC123026
HDFC Ventures Trustee Company LimitedU65991MH2004PLC149329
HDFC Venture Capital LimitedU65991MH2004PLC149330

To see the full group structure of Housing Development Finance Corporation Limited, buy the company report.

GST

Housing Development Finance Corporation has 29 GST registrations: 27 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
29
Active
27
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAACH0997E1ZLMaharashtraActive01 Jul 2017
02AAACH0997E1ZXHimachal PradeshActive01 Jul 2017
03AAACH0997E1ZVPunjabActive01 Jul 2017
04AAACH0997E1ZTChandigarhActive01 Jul 2017

To see the full GST registrations and return filing status of Housing Development Finance Corporation Limited, buy the company report.

Recent activity

Housing Development Finance Corporation Limited has 41 board changes on record since 1977: 25 appointments and 16 cessations. The latest: Jalaj Ashwin Dani ceased to be Director on 29 Apr 2023.

Charges
A charge registered on 08 Jan 2013 via Charge ID 10402591 with Idbi Trusteeship Services Limited was fully satisfied on 23 May 2023.
Ceased
Jalaj Ashwin Dani ceased to be Director.
Ceased
Upendra Kumar Sinha ceased to be Director.
Charges
A charge registered on 27 Apr 2012 via Charge ID 10354965 with Idbi Trusteeship Services Limited was fully satisfied on 28 Mar 2023.
AGM
Housing Development Finance Corporation Limited last Annual general meeting of members was held on 30 Jun 2022 as per latest MCA records.
Filing
Housing Development Finance Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Charges
A charge registered on 29 Apr 2011 via Charge ID 10284941 with Idbi Trusteeship Services Limited was fully satisfied on 03 Feb 2022.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 670.00 Cr registered on 29 Apr 2011 with Charge ID 10284941 was modified on 02 Nov 2021.
Charges
A charge registered on 16 Apr 2010 via Charge ID 10218040 with Idbi Trusteeship Services Limited was fully satisfied on 17 Aug 2021.
Appointed
Prathivadibhayankara Rajagopalan Ramesh was appointed as Director.
Appointed
Rajesh Narain Gupta was appointed as Director.
Ceased
Jamshed Jiji Irani ceased to be Director.

78 earlier events are in the company report.

News

Frequently asked questions

Housing Development Finance Corporation has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Housing Development Finance Corporation was a public limited company based in Mumbai, Maharashtra, India. The company worked in housing finance companies, within the financial services industry. It was incorporated on 17 October 1977 and is registered under CIN L70100MH1977PLC019916. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Housing Development Finance Corporation was incorporated on 17 October 1977. It is registered with the Registrar of Companies, Mumbai.

Housing Development Finance Corporation had 9 directors and KMP:

The CIN (Corporate Identification Number) of Housing Development Finance Corporation is L70100MH1977PLC019916. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Housing Development Finance Corporation is recorded as a listed company by MCA, but its shares were delisted from BSE on 28 Mar 2024 · merger, and no longer trade on a stock exchange.

The registered office of Housing Development Finance Corporation is at Ramon House 169 Backbay Reclamation H T Parekh Marg India, Mumbai, Maharashtra, India – 400020.

Housing Development Finance Corporation can be reached through the website hdfc.com. Its registered office is in Mumbai, Maharashtra, India.

The latest financial statements of Housing Development Finance Corporation on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 June 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Housing Development Finance Corporation is 27AAACH0997E1ZL, registered in Maharashtra. The company has 29 GST registrations in all, of which 27 are active and 2 are cancelled or inactive. Other active GSTINs include 02AAACH0997E1ZX (Himachal Pradesh), 03AAACH0997E1ZV (Punjab), 04AAACH0997E1ZT (Chandigarh).

Housing Development Finance Corporation operated in the financial services industry, in the housing finance companies segment.