HDB Financial Services

HDB Financial Services is a significant non-banking financial corporation (NBFC) specializing in lending, fee-based products, and business process outsourcing (BPO). With a 95% shareholding, the company is a subsidiary of HDFC Bank.

As of 31 March 2022, there were 79,04,40,031 outstanding equity shares with a face value of Rs 10 apiece, with HDFC Bank owning 94.96% of the shareholding. At hdb financial services unlisted share price of Rs 640 per share, the company’s total market valuation is roughly Rs 50,500 crores, with a P/E ratio of 50x (640/12.8).

Business Plan

The business approach of hdbFinancial Services Limited share price is based on providing loan packages with customized features to first-time borrowers and underserved segments. Consumer loans, commercial loans, loans against property, asset-backed finance, and micro-lending are all available from the corporation.

HDB offers gold loans, durable consumer loans, personal loans, loans against MFs, and car loans under consumer loans. HDB offers working capital loans, commercial vehicle loans, and loans against property as part of its business loans. HDB offers tractor loans, construction equipment, and commercial vehicle loans under the Asset-backed lending category.

The organization handles call centers in over 700 sites across India under BPO Services. These call centers manage the collection of HDFC Bank’s delinquent retail loans, sales assistance, and back-office services like form processing, document verification, and accounting operations. The BPO segment accounts for around 18% of the company’s total revenue.

HDB also acts as a corporate agent for HDFC Life Insurance, Aditya Birla Sun Life Insurance, HDFC Ergo General Insurance, and Tata AIG General Insurance, selling its customers life and non-life insurance products.

What is the capital gains tax rate on selling HDB Financial shares?

If your holding term is less than two years, such revenue is considered business income and is subject to taxation based on the investor’s tax bracket.

If you retain the stock for more than two years, your profits will be subject to long-term capital gains tax. After indexation, the current short-term capital gain tax rate is 20%.

How is the share price of HDB Financial Services determined?

A variety of factors influence the pricing of unlisted shares. Aside from supply and demand, the most recent transactions on the same stock, the company’s previous fundraising round, and the valuation level of comparable firms all influence unlisted shares’ pricing.

How to purchase HDB Financial stock?

The procedure for purchasing HDB Financial Services shares is straightforward. After you have agreed on the price and quantity of the transaction, you must send the funds to the seller’s bank account.

When the money is sent, and the transaction details are shared with the seller, your Demat account will be credited with the shares either the same day or before the end of the next working day.

Can NRIs purchase HDB Financial stock?

NRIs, like domestic investors, can buy and sell HDB Financial Services’ unlisted shares. However, their investment is non-repatriable. To know more, you may look over the web.