- Business
- HB Leasing and Finance Company Limited operates as a non-banking financial company (NBFC) headquartered in Gurugram, India, and was incorporated in 1982. The company primarily provides financial services including lease financing, hire purchase financing, venture capital financing, and portfolio investment. Its core business activities also include investing and dealing in a variety of securities such as equities and mutual funds, which positions it within the diversified financials sector in India. The company caters to retail and corporate customers through its integrated financial service offerings.
In recent developments spanning the last 1-2 years, HB Leasing and Finance Company Limited has made strategic operational adjustments including obtaining trading approval for preferential equity share issues. It expects to receive funding amounting to INR 32.4 million from Avonmore Capital & Management Services Limited, indicating a funding round to bolster its capital base. The company has also seen changes in its managerial lineup, with appointments such as a new Company Secretary and Compliance Officer in early 2025. Financially, the company reported low revenue and experienced fluctuations in profitability with challenges reflected in its financial results for recent quarters.
HB Leasing operates primarily within the Indian market and is registered with the Reserve Bank of India as a non-systemically important, non-deposit taking NBFC. It holds significant promoter and retail shareholder bases, with promoters owning approximately 42.73% and retail shareholders about 51.91%. The company is part of a broader group with subsidiaries including HB Estate Developers Limited, HB Portfolio Limited, HB Securities Limited, and others, which together span various financial services and investment operations.
Its significant products and services encompass lease financing; hire purchase financing; venture capital financing; portfolio investment; and financial services related to investing and dealing in stocks and securities. These service lines reflect its role in providing credit and investment solutions to diverse customer segments, emphasizing leasing and hire purchase as key operational pillars.
Overall, HB Leasing and Finance Company Limited maintains its role as an integrated financial services provider in India’s NBFC sector while actively managing capital and operational strategies to address market conditions and regulatory requirements as of the latest fiscal periods.