Ind Bank Housing Limited
INDBNK.BO
Bombay Stock Exchange47.20
INR
- -
- -
ISIN
INE969D01012
Return %
Stock
S&P500
1Y
19.92
26.57
3Y
65.91
76.60
5Y
32.21
78.48
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Harene La
- Full Time Employees
- 1
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- Address
- Khivraj Complex - I Chennai India
- IPO Date
- Jun 21, 2002
- Website
- indbankhousing.com
- Similar Companies
- Business
- Ind Bank Housing Limited is a housing finance company primarily engaged in providing long-term finance for residential construction and home purchases. Its core products and services include housing loans, real estate loans, mortgages, and construction loans targeted at individual borrowers and companies in India. The company operates predominantly in the Indian market and has its headquarters in Chennai. Founded in 1991, Ind Bank Housing Limited offers specialized financial services in the housing sector, focusing on lending for housing development and home acquisition. In recent strategic developments, Ind Bank Housing Limited has suspended issuing fresh loans since 2000 and currently focuses on the recovery of non-performing assets from its existing loan portfolio. In early 2025, HUDCO approved its exit from the company, signaling a significant shareholder change, while HUDCO increased its borrowing plans for the fiscal year 2024-25. These moves reflect major operational and ownership shifts. The company witnessed a revenue contraction in the last reported financial period, indicating challenging business conditions. Despite these challenges, Ind Bank Housing Limited continues to maintain its core business of housing finance recovery and asset management. The company has not reported any major new product launches or expansions in recent years but continues to manage its existing portfolio and recovery processes diligently. Ind Bank Housing is a subsidiary under Indian Bank, aligning its strategies closely with the parent bank's financial services framework. Its operations are primarily India-focused, serving the segment of housing finance in the country's financial ecosystem. Ind Bank Housing Limited’s service offerings include home loans, construction finance, and real estate-related financial products. The company’s recent focus has been on non-performing asset recovery and managing its loan portfolio amid industry-wide pressures on housing finance companies. The firm remains a key player in India’s housing finance industry, with specific emphasis on loan recoveries and management of existing assets following strategic ownership changes and market challenges. Overall, Ind Bank Housing Limited is a specialized housing finance company with a long-standing presence in India, currently navigating transition phases marked by ownership changes, focus on asset recovery, and operational realignment within the housing finance domain.