HDFC Securities Limited

₹ ₹

Description

HDFC Securities Limited does not have publicly listed shares, but rather operates as a subsidiary of HDFC Bank. In the unlisted share market, its share price has recently fluctuated, with various sources showing different prices.

Key company details include its operation as a financial intermediary offering broking services and financial products, its corporate membership of the BSE and NSE, and a significant customer base. 

Share Details (Unlisted Market)

·        Company Status: HDFC Securities is an unlisted company and a subsidiary of HDFC Bank. 

·        ISIN: INE700G01014. 

·        Face Value: ₹10 per share. 

·        Promoter Holding: Approximately 94.55% of the shares are held by promoters, primarily HDFC Bank. 

·        Market Cap (Approximate): Based on share price and outstanding shares, recent valuations are in the range of ₹15,000 to ₹17,000 crore. 

Company Overview 

·        Operations: HDFC Securities is a financial service intermediary and the stock-broking and distribution arm of the HDFC group.

·        Services: It offers services such as broking in the capital market and distribution of mutual funds, fixed deposits, insurance, and derivatives.

·        Market Presence: The company is a corporate member of both the BSE (Bombay Stock Exchange) and the NSE (National Stock Exchange).

·        Customer Base: It serves over 27 lakh customers.

·        Network: The company has over 216 branches across India.