HDB Financial Services
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About HDB Financial Services

HDB Financial Services (HDBFS) is a leading Non-Banking Financial Company (NBFC) that caters to the growing needs of an Aspirational India, serving both Individual & Business Clients. Incorporated in 2007, we are a well-established business with strong capitalization. HDBFS is accredited with CARE AAA & CRISIL AAA ratings for its long-term debt & Bank facilities and an A1+ rating for its short-term debt & commercial papers, making it a strong and reliable financial institution. HDBFS maintains a strong commitment to ethical conduct. Transparency is ingrained in the structure of our Code of Ethics and our compliance policies to ensure that the highest standards of professional conduct are consistently reinforced and embedded in every corner of the organisation.
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Change Company | Change Company | Change Company | ||
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Overall Rating | 3.9/5 based on 22.2k reviews | 4.5/5 based on 7.5k reviews | 4.0/5 based on 7.7k reviews | 4.0/5 based on 7.5k reviews |
Highly Rated for | Skill development Job security Company culture | Skill development Work-life balance Job security | Job security Work-life balance Skill development | Salary Skill development Job security |
Critically Rated for | Promotions | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 84% employees reported | Work from office 90% employees reported | Work from office 84% employees reported | Work from office 76% employees reported |
Rating by Women Employees | 3.8 Good rated by 4.5k women | 4.5 Good rated by 2.5k women | 3.9 Good rated by 807 women | 3.9 Good rated by 676 women |
Rating by Men Employees | 3.9 Good rated by 16.2k men | 4.5 Good rated by 4.8k men | 4.1 Good rated by 6.4k men | 4.0 Good rated by 6.5k men |
Job security | 3.8 Good | 4.4 Good | 4.0 Good | 3.9 Good |
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Senior Sales Officer
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Investors jostling for India exposure rev up block trades, IPOs
- India raised $6.4 billion in share sales in May, the highest monthly total since December 2024.
- Block trades worth $5 billion were the largest contributors in May, marking the busiest month for such deals since March last year.
- At least 10 block trades raised $1.2 billion in the first week of June.
- Indian stocks poised for gains after the RBI's interest rate cut and liquidity injection.
- Investors are seeking exposure to India quickly, driving interest in block trades.
- The recent surge in deals contrasts with a slower period earlier in 2025.
- Some major block trades include British American Tobacco, SingTel, and Carlyle Group.
- The block trade activity is influencing IPOs, with HDB Financial Services and Prudential Plc's venture eyeing substantial offerings.
- Corporate earnings and economic growth support robust deal outlook, with potential for billion-dollar IPOs later in the year.
- Indian deals in 2025 are below last year's record, totaling $15.5 billion so far.
- Some IPO valuations are more conservative, like Oswal Pumps Ltd.'s ₹1,390 crore IPO.

Investor Rush For India Exposure Revs Up Block Deals, IPOs
- India's market for share sales is picking up momentum, with a record $6.4 billion raised in May, the highest since December 2024.
- Block trades worth $5 billion in May were the largest contributors to this surge, marking the busiest month for such deals since last year.
- At least 10 block trades raised $1.2 billion in the first week of June, showcasing continued investor interest in India.
- The recent surge comes after the central bank's interest rate cut and liquidity injection, boosting investor confidence.
- Goldman Sachs highlighted the urgency among investors to gain exposure to India through block trades due to the country's growth potential.
- The flurry of deals contrasts with the slower pace seen earlier in 2025, with several high-value block trades and IPOs driving market activity.
- Companies like British American Tobacco and Carlyle Group have conducted significant block trades in India recently, while IPOs like HDB Financial Services Ltd. and Prudential Plc's asset management venture are on the horizon.
- Despite the recovery, Indian deals in 2025 remain below last year's record levels, with a total of $15.5 billion raised this year so far, a 29% decrease from last year.
- Some IPOs are moving forward with cautious valuations, reflecting a strategic approach from investors like M&G Investments.
- Consumer technology and financial services sectors show a strong pipeline for more share sales, appealing to both domestic and global institutional investors.

IPO-Bound HDB Financials Q3 Results: Profit Falls 26% As Provisions Rise
- A rise in provisions led HDB Financial Services to report a 26% year-on-year fall in net profit for the quarter ended December to Rs 472 crore.
- Impairment on financial instruments for the company rose over twofold to Rs 636 crore. It was up nearly 50% sequentially, according to an exchange filing on Wednesday.
- Higher levels of provisioning due to certain management overlays have led to a fall in profit after tax for the company, parent HDFC Bank's chief financial officer, Srinivasan Vaidyanathan, said in a post-earnings call.
- For the quarter ended December, HDB Financials' loan book rose 22% YoY and 4% quarter-on-quarter to Rs 1.02 lakh crore.

Fund Raising By India Inc. Shatters Almost Every Possible Record In 2024
- Indian companies raised INR 1.64 lakh crore via 90 maiden public issues and INR 1.39 lakh crore via share sales to institutions setting a record fundraising in 2024.
- Vodafone Idea raised INR 18,000 crore through a follow-on public offer and INR 49,436 crore was raised through public issues in 2023.
- The year witnessed a frenzy in the primary market with 15 companies raising INR 25,500 crore, the highest in 17 years.
- IPO subscription ratios have been exceptionally high this year with some offerings being subscribed over 200 times such as KRN Heat Exchanger and Refrigeration.
- Foreign investors poured in primary market purchases of $14 billion this year, surpassing the previous record set in 2021.
- The IPO pipeline for the next year is set to feature major offerings, including HDB Financial Services' proposed INR 12,500 crore issue, LG Electronics India's proposed INR 15,000 crore public float, and Hexaware Technologies' INR 9,950 crore offer.

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