Established in 1988, PNB Housing Finance Limited operates as a subsidiary of Punjab National Bank, focusing on providing vital financial solutions in the realm of housing. The company is dedicated to extending housing loans to both individuals and corporate entities, facilitating various aspects of the housing ecosystem such as construction, acquisition, renovation, and enhancement of residential properties. Furthermore, PNB Housing Finance engages in the provision of loans for commercial spaces, acquisition of residential plots, property-backed loans, and support for real estate developers.
Catering to a diverse clientele, the company’s target demographic encompasses salaried individuals relying on employment income as their primary revenue source, as well as self-employed individuals deriving earnings from professions or businesses. PNB Housing Finance also offers specialized construction finance loans for real estate developers engaged in residential housing projects.
Operating across the expanse of India, PNB Housing Finance has established a robust presence in over 40 locations through a well-knit network of 48 branches. The company’s 16 hubs, strategically positioned in key cities like New Delhi, Bengaluru, Chandigarh, Chennai, and more, bolster the seamless operation of its branch network. Embracing customer-centricity, PNB Housing Finance ensures doorstep service accessibility via its dedicated Direct Sales Team (DST) channel. Complementing this, the company effectively leverages the Direct Marketing Associates (DMA) and Digital Medium avenues to extend its Home Loan and Loan against Property offerings. Through this comprehensive approach, PNB Housing Finance is committed to playing a pivotal role in fulfilling the diverse housing needs of its valued clientele.
Pnb Housing Finance Ltd Stock Quote #
- Open: ₹625.90
- High – Low: ₹664.00 – ₹625.90
- Previous Close: ₹625.90
- Total Traded Value: 10,87,981
- 52 Weeks High: ₹699.00 (Jul 25, 2023)
- 52 Weeks Low: ₹285.46 (Aug 08, 2022)
- Updated On: Aug 11, 2023 4:00 PM
PNB Housing Finance Rights Issue Detail #
| Issue Open | Apr 13, 2023 – Apr 27, 2023 |
| Security Name | PNB Housing Finance Limited |
| Issue Size (Shares) | 90,681,828 |
| Issue Size (Amount) | ₹2,493.76 Crores |
| Issue Price | ₹275 per share |
| Face Value | ₹10 per share |
| Listing At | BSE, NSE |
| Terms of Payment | The entire amount of the Issue Price of Rs. 275 per Rights Equity Share shall be payable at the time of Application. |
| Entitlement | 29 Rights Equity Share(s) for every 54 fully paid-up Equity Shares held on Record Date |
PNB Housing Finance Rights Issue Issue Timetable #
| Last Date to buy shares | Apr 3, 2023 |
| Record Date | Apr 5, 2023 |
| Credit of Rights Entitlements | Apr 12, 2023 |
| Bid/Offer Opens On | Apr 13, 2023 |
| Renunciation of Rights Entitlements | Apr 24, 2023 |
| Bid/Offer Closes On | Apr 27, 2023 |
| Deemed Date of Allotment | May 12, 2023 |
| Credit Date | May 15, 2023 |
| Listing Date | May 17, 2023 |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-22 | 65,729.61 | 6,200.73 | 836.48 |
| Amount in ₹ Crore | |||
Objects of the Issue: #
The Company intends to utilize the Net Proceeds from the Issue towards funding of the following objects:
- Augmenting our capital base;
- General corporate purposes.
PNB Housing Finance Rights Issue Documents #
Company Contact Information #
9th Floor, Antriksh Bhavan,
22 Kasturba Gandhi Marg,
New Delhi – 110 001Phone: 011 – 23736857
Email: loans@pnbhfl.com
Website: http://www.pnbhfl.com/
PNB Housing Finance Rights Issue Registrar #
- Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: pnbhfl.rights@linkintime.co
Website: https://linkintime.co.in/mipo/ipoallotment.html
