HDB Financial Services Limited Unlisted Shares Price Today

About the Company
HDB Financial Services Limited (HDBFS), incorporated in 2007, is a leading Non-Banking Financial Company (NBFC) in India and a subsidiary of HDFC Bank. It offers a wide range of secured and unsecured loans, including consumer loans, enterprise loans for SMEs, asset finance, and fee-based products like insurance distribution. Additionally, HDBFS provides Business Process Outsourcing (BPO) services, including collection services through its 15 call centers. With a network of 1,468 branches across 1,070 cities, HDBFS serves both retail and commercial clients.

Financial Performance and Growth
In the nine months ending December 31, 2023, HDBFS reported a net profit of ₹1,804.6 crore, a 27% increase from ₹1,413.9 crore in the same period the previous year. The company’s Profit Before Tax (PBT) for the same period grew by 27.9% to ₹2,422.9 crore. This growth is attributed to effective cost management and a diversified product portfolio. Unlisted Zone

Unlisted Share Insights
HDBFS’s unlisted shares have seen significant interest in the grey market. Over the past nine months, the share price surged from ₹850–₹900 to as high as ₹1,450. At this level, the company’s price-to-earnings (P/E) ratio exceeds 45 times, which is considerably higher than the industry average of 28 times. Analysts predict that a more reasonable IPO price around ₹750–₹800 would attract new investors.