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LIC Housing Finance Ltd
Finance
₹ 590.05 -8.20 (-1.37%)
₹ 590.05 -8.20 (-1.37%)
- NSE
- BSE
Overview
- BSE Code 500253
- NSE Symbol LICHSGFIN
- ISIN Demat INE115A01026
- Book Value (₹) 659.14
- Face Value (₹) 2.00
- Market Cap (₹ Cr.) 34,543.96
- P/E (TTM) 6.36
- EPS (TTM) 98.70
- Div Yield (%) 1.59
Performance
Today’s Low 588.45
Today’s High 600.30
52W Low 483.70
52W High 809.55
Open 599.00
Prev. Close 598.25
Volume 25,26,778.00
Corporate Actions
LIC Housing Finance Limited - Cessation
Apr 17, 2025LIC Housing Finance Limited has informed the Exchange regarding Cessation of Mr Sudipto Sil as Chief Financial Officer of the company w.e.f. April 17, 2025.
LIC Housing Finance Limited - Appointment
Apr 17, 2025LIC Housing Finance Limited has informed the Exchange regarding Appointment of Mr Lokesh Mundhra as Chief Financial Officer of the company w.e.f. April 17, 2025.
LIC Housing Finance Limited - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
Apr 17, 2025LIC HOUSING FINANCE LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
LIC Housing Finance Limited - Appointment
Apr 17, 2025LIC Housing Finance Limited has informed the Exchange regarding Appointment of Kumar M as SMP- General Manager (Credit Appraisal, Credit Management, CRM and Document Management)of the company w.e.f. April 17, 2025.
LIC Housing Finance Limited - Appointment
Apr 17, 2025LIC Housing Finance Limited has informed the Exchange regarding Appointment of Neeta Menghani as SMP- General Manager (Recovery)of the company w.e.f. April 17, 2025.
LIC Housing Finance Limited - Cessation
Apr 17, 2025LIC Housing Finance Limited has informed the Exchange regarding Cessation of Sankar Parida as Other of the company w.e.f. April 17, 2025.
LIC Housing Finance Limited - Appointment
Apr 17, 2025LIC Housing Finance Limited has informed the Exchange regarding Appointment of Ganesh Kinkar Jena as Other-SMP-General Manager (Marketing) of the company w.e.f. April 17, 2025.
About LIC Housing Finance Ltd
History
On June 19, 1989, LIC Housing Finance Limited came into existence as as a company that financed housing projects, especially at a retail level. The company was listed on November 30, 1994. In 2001, the company launched its Griha Vikas scheme, which offered loans against property. In 2002, the company acquired the full reins of Citibank's individual housing loan portfolio. In October 2005, the company began bringing forth housing loans against the security of certain financial assets such as Bank Fixed Deposits, National Savings Certificates and life insurance policies under the 'New Griha Laxmi' scheme. In 2006, the company began bringing forth the new Griha Jestha scheme for senior citizens to buy LICHFL Care Homes Ltd units. In May 2007, the company launched its maiden fixed deposit scheme. In February 2008, they launched a reverse mortgage scheme for senior citizens above the age of 60 years. In 2010-11, the company launched its unique interest rate scheme named 'MINI 5' to cater to the housing finance requirements of the priority sector population living in India’s Tier II and Tier III cities. On September 6, 2010, LIC Housing Finance announced its application for a license with the Pension Fund Regulatory Development Authority (PFRDA) to act as an aggregator under the National Pension System - Lite. In 2015, the company crossed the ₹1 lakh crore loan portfolio mark. In 2022-23, the company opened a further 50 new area offices overall in India. This included expanding to a total of 23 States and 4 Union Territories. At this point, it also had a representative office in Dubai, UAE. The number of branches increased by this time to 314.Business Segments
LIC Housing Finance Ltd (LICHFL) considers itself to be operating in a single segment, i.e. providing loans for the purchase, construction, repairs and renovation of housing. All other services are considered to be revolving around this very business. However, the loan book itself comprises of the following types of customers:- Individual housing loans- As of March 31, 2023, LICHFL's individual housing loan book represented 83% of the total loan portfolio. The organization primarily targets the middle-income segment.
- Non-housing individual loans- This makes up around 10% of the organization’s loan portfolio in FY 2022-23.
- Non-housing corporate loans- These are corporate loans that are not related to real estate development.
- Project finance loans- These are loans extended to developers engaged in construction of houses or flats for residential purposes and to be sold by them.
- LICHFL Care Homes Limited- e. The basic purpose of incorporating the organization was to establish and operate ‘assisted living community centres’ for senior citizens.
- LICHFL Asset Management Company Limited- The organization manages, advises, and administers Private Equity Funds, including Venture Capital Fund (VCF) and Alternate Investment Fund (AIF).
- LICHFL Trustee Company Private Limited- The Company is undertaking the enterprise of trusteeship services for Venture Capital Funds (VCFs) and Alternative Investment Funds (AIFs).
- LICHFL Financial Services Limited- The subsidiary is dedicated to the marketing of housing loan, insurance products, mutual funds, fixed deposits, and credit cards
Corporate Actions
The company has conducted the following corporate actions: Stock Split The company split its stock’s face value from ₹10 to ₹2 with a record date of December 31, 2010.| Founded | : 1989 |
| Chairman | : Siddhartha Mohanty |
| Managing Director | : Tribhuwan Adhikari |
| Address | : Bombay Life Building 2nd Floor, 45/47 Veer Nariman Road, Mumbai, Maharashtra, 400001, |
| HO Tel | : 91-022-22178600/22178700/22178611 |
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