PNB Housing Finance Limited IPO

Apply 0
Avoid 0

PNB Housing Finance Ltd, a subsidiary of Punjab National Bank offers housing loans to individuals and corporate bodies for the construction, purchase, repair, and upgradation of houses, as well as loans for commercial space, purchase of residential plots, loan against properties, and loans for real estate developers.
Company’s target customers for housing loans are salaried customers, whose main source of income is salary from their employment, and self-employed customers, whose main source of income is their profession or their business. They also offer housing loans in the form of construction finance loans to real estate developers of residential housing.
The company has Pan India presence in more than 40 locations through a network of 48 branches. Companyâ 16 hubs are located at New Delhi, Bengaluru, Chandigarh, Chennai, Noida, Jaipur, Dehradun, Lucknow, Kolkata, Cochin, Coimbatore, Mumbai, Pune, Ahmedabad, Indore and Hyderabad which support branch operations. The company provides doorstep service for its products via Direct Sales Team (DST) channel. Other than the DST channel, Companies Marketing Associates (DMA) and Digital Medium.
Competitive Strengths:
1. Fifth largest HFC in India and the fastest growing HFC among the leading HFCs in India
2. Strong distribution network with deep penetration of key Indian urban centres
3. Scalable operating model and centralised and streamlined operational structure
4. Access to diversified and cost-effective funding sources
5. Diversified product offering with specific focus on self-employed customers
6. Customer-centric approach resulting in strong brand recognition
7. Prudent credit underwriting, monitoring and collection processes
8. Managed by experienced and qualified professionals with strong industry expertise
9. Support from their parent and promoter PNB

PNB Housing Finance Limited IPO Stock Quote & Charts

627.30

-2.30%

Check History
  • Open: 643.20
  • High - Low: 646.05 - 622.00
  • Previous Close: 642.05
  • Total Traded Volume: 78367
  • Updated On: 17-Sep-2019

Objects of the PNB Housing Finance Limited IPO:

1. Augment the capital base to meet their future capital requirements 2. General corporate purpose 3. Enhance visibility and brand name among existing and potential customers
DRHP of PNB Housing Finance Limited IPO

PNB Housing Finance Limited IPO Details:

Open Date: Oct 25 2016
Close Date: Oct 27 2016
Total Shares: 38,719,309
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Built Issue IPO
Issue Size: 3,000.75 Cr.
Lot Size: 19 Shares
Issue Price: ₹ 750-775 Per Equity Share
Listing At: NSE,BSE
Listing Date: Nov 07 2016

Promoters And Management:

The Promoter of the Company is Punjab National Bank.

Financials of PNB Housing Finance Limited IPO:

Summary of financial Information
Particulars For the year/period ended (in Rs. Million)
As at 30-Jun-16 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 346,816.49 296,724.99 190,352.37 115,395.76 76,550.74 44,362.56
Total Revenue 8,634.36 26,995.43 17,803.83 11,203.22 6,663.02 4,610.00
Profit After Tax (PAT) 960.28 3,275.66 1,940.70 1,296.97 928.20 774.46

Lead Manager of PNB Housing Finance Limited IPO:

  1. BoA Merrill Lynch
  2. J.P. Morgan India Private Limited
  3. JM Financial Consultants Private Limited
  4. JM Morgan Stanley Private Limited
  5. Kotak Mahindra Capital Company Limited

Registrar of PNB Housing Finance Limited IPO:

  1. Link Intime India Private Limited

Company Address:

PNB Housing Finance Ltd 9th Floor, Antriksh Bhavan, 22 Kasturba Gandhi Marg, New Delhi 110 001, India Phone: +91 11 23357171 Fax: +91 11 23357173 Email: investor.services@pnbhousing.com Website: http://www.pnbhousing.com

Discussion on PNB Housing Finance Limited IPO:

*