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GIC Housing Finance Ltd Performance

Today's Low
218.80
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Today's High
224.45
52 Wk Low
164.60
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52 Wk High
292.40


Open

222.25

Traded Value (Cr)

6.66

Prev. Close

221.2

Face Value

10

Volume

300988

GIC Housing Finance Ltd Fundamentals

Market Cap
₹ 1199.51 Cr
P/E Ratio (TTM)
7.92
P/B Ratio
0.66
Debt to Equity
6.08
ROE
13.28
EPS (TTM)
28.11
Dividend Yield
2.02 %
Book Value
339.61

Click here to know more about Fundamentals

GIC Housing Finance Ltd Financials

GIC Housing Finance Ltd Financials

GIC Housing Finance Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 42.41 % 42.41 % 42.41 % 42.41 %
Retail 35.53 % 34.44 % 34.34 % 37.80 %
Others 18.88 % 19.87 % 19.63 % 17.75 %
FII 3.18 % 3.28 % 3.62 % 2.04 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

42.41%

Retail

35.53%

Others

18.88%

FII

3.18%

Mutual Funds

0.00%

Promoters

42.41%

Retail

34.44%

Others

19.87%

FII

3.28%

Mutual Funds

0.00%

Promoters

42.41%

Retail

34.34%

Others

19.63%

FII

3.62%

Mutual Funds

0.00%

Promoters

42.41%

Retail

37.80%

Others

17.75%

FII

2.04%

Mutual Funds

0.00%

Resistance and Support

₹221.48

PIVOT

resistance-arrow
Resistance
First Resistance₹224.167
Second Resistance₹227.133
Third Resistance₹229.817
support-arrow
Support
First Support₹218.517
Second Support₹215.833
Third Support₹212.867

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day1,306,805205,20527.61
Week743,097174,974-53.03
1 Month743,097132,529-53.03
6 Months75,627,71028,104,99842.94

About GIC Housing Finance Ltd

GIC Housing Finance Ltd is a subsidiary of General Insurance Corporation of India. The company is engaged in the housing finance activity. They operate in the retail loan segment. They provide loans to individuals and to persons/ entities engaged in construction of houses/ flats for residential purposes. As on 31 March 2019, the company had 75 offices spread across the country. They have got a strong marketing team, which is further assisted by Sales Associates (SAs). They have tie-ups with builders to provide finance to individual borrowers. The company also has tie-ups with corporates for various housing finance needs. GIC Housing Finance Ltd was incorporated on December 12, 1989 with the name GIC Grih Vitta Ltd. The company was formed with the objective of entering in the field of direct lending to individuals and other corporates to accelerate the housing activities in India. The company was promoted by General Insurance Corporation of India and their erstwhile subsidiaries namely, National Insurance Company Ltd, The New India Assurance Company Ltd, The Oriental Insurance Company Ltd and United India Insurance Company Ltd together with erstwhile UTI, ICICI, IFCI, HDFC and SBI, all of them contributing to the initial share capital. HDFC, SBI, ICICI and SUUTI sold off their holding in the company and ceased to be the promoters of the company. During the year 1989-91, the company started their operations in 8 locations. During the year 1991-92, they launched Employee and Builder Scheme Housing Scheme. During the year 1992-93, the name of the company was changed from GIC Grih Vitta Ltd to GIC Housing Finance Ltd with effect from November 16, 1993. During the year 1994-95, the company started new services centres in Navi Mumbai, Vizag and Coimbatore. During the year 1996-97, they started the process of branch interlinking and computerization. During the year 2000-01, the company opened a service centre at Madurai in Tamilnadu. During the year 2001-02, they opened three service centres at Trichy (Tamil Nadu), Thane (Mumbai) and Noida (Delhi). During the year 2009-10, the company opened their branches in tier two cities namely Baroda, Nagpur and Nasik. With this, the total number of branches as on 31st March 2010 stood at 27. They sanctioned Rs 77757 lakh under 'Apna Ghar Yojana' during the year. The company had taken 'Special Contingency Insurance' with The New India Assurance Company Ltd, which covers Accidental Insurance and Mortgaged property Insurance of the borrowers of the company. Also, the company made a tie up with Kotak Mahindra Old Mutual Life Insurance Ltd for getting insurance cover on the life of the borrower to the extent of the 'outstanding home Loan'. In December 2010, the company sold their investments in LIC Mutual Fund Asset Management Company Ltd and LIC Mutual Fund Trustee Company Pvt Ltd.During the year ended 31 March 2014, GIC Housing Finance opened its branches at Patna (Bihar), Ahmedabad (Gujarat), Yelahanka (Bangalore, Karnataka), Chandanagar (Hyderabad, Andhra Pradesh), Kalyan & Borivali (Maharashtra) and Dehradun (Uttarakhand). During the year ended 31 March 2015, GIC Housing Finance opened its branches at Meerut (Uttar Pradesh), Boisar (Maharashtra), Ghaziabad (Uttar Pradesh), Margao (Goa), Dwarka (Delhi), Electronic City (Bengaluru), Garia (Kolkata) and Hadapsar (Maharashtra). During the year ended 31 March 2016, GIC Housing Finance opened its branches at Greater Noida (Uttar Pradesh), Raipur (Chhattisgarh), Vijayawada (Andhra Pradesh), Vasai (Maharashtra) and Patiala (Punjab).During the year ended 31 March 2017, GIC Housing Finance opened its branches at Pitampura (Delhi), Hinjewadi (Maharashtra), Barasat (West Bengal), Mangalore (Karnataka) and Guwahati (Assam). During the year ended 31 March 2018, GIC Housing Finance opened its branches at Kozhikode (Kerala), Nellore (Andhra Pradesh), Whitefield (Karnataka), Hubli (Karnataka) and Siliguri (West Bengal). During the year 2019, the Company has opened its Branches at Thrissur (Kerala), Surat (Gujarat), Suchitra (Hyderabad), Kengari (Karnataka) and Varanasi (Uttar Pradesh).

Managing Director

1989

Founded

Paul Lobo

NSE Symbol

GICHSGFIN

GIC Housing Finance Ltd Management

NameDesignation
Devesh SrivastavaChairman & Non Executive Dir.
Suchita GuptaNon Executive Director
Satyajit TripathyNon Executive Director
Neerja KapurNon Executive Director
Hitesh JoshiNon Executive Director
N S R ChandraprasadIndependent Non Exe. Director
AJIT KUMAR SAXENAIndependent Non Exe. Director
Rani Singh NairIndependent Non Exe. Director
Vaijinath GavarshettyIndependent Non Exe. Director
Kishore GarimellaIndependent Non Exe. Director
S. J. KrishnanIndependent Non Exe. Director
Neelam DamodharanIndependent Director
Paul LoboManaging Director & CEO
Sunil KakarIndependent Director
RASHMI RAMAN SINGHNon Executive Director
N. RamaswamyChairman & Additional Director
Rajeshwari Singh MuniDirector

Events

Dividend Announcement for GIC Housing Finance Ltd - May 13, 2024

On May 13, 2024, shareholders are set to receive a dividend payout, with each share entitling its holder to a dividend of 45.0%. This dividend percentage reflec...

Read More

GIC Housing Finance Ltd News

GIC Housing Finance fixes record date for final dividend
Record date is 28 June 2024
Board of GIC Housing Finance recommends final dividend
Of Rs 4.5 per share
GIC Housing Finance to hold AGM
On 31 July 2024
GIC Housing Finance consolidated net profit rises 2.56% in the March 2024 quarter
Sales decline 6.99% to Rs 257.58 crore
GIC Housing Finance announces board meeting date
On 13 May 2024
GIC Housing edges higher on plans to raise funds up to Rs 2500 crore
GIC Housing Finance rose 1.15% to Rs 219.90 after the company announced that its board will consider a proposal to raise funds by way of issue of NCDs on private placement basis upto an aggregate amount of Rs 2500 crore.
Board of GIC Housing Finance to consider fund raising via NCDs
On 13 May 2024
GIC Housing Finance consolidated net profit declines 45.52% in the December 2023 quarter
Sales decline 6.78% to Rs 259.84 crore
GIC Housing Finance to announce Quarterly Result
On 5 February 2024
GIC Housing Finance consolidated net profit declines 46.39% in the September 2023 quarter
Sales decline 4.46% to Rs 263.64 crore

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GIC Housing Finance Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase GIC Housing Finance Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. GIC Housing Finance Ltd's share price is ₹221.20 as of May 24, 2024 at 04:14 PM

GIC Housing Finance Ltd's P/E ratio is 7.92 times as of May 24, 2024 at 04:14 PM.

GIC Housing Finance Ltd's most recent financial reports indicate a price-to-book ratio of 0.66, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. GIC Housing Finance Ltd's market is 1,200 Cr as on May 24, 2024 at 04:14 PM.

The current financial records of GIC Housing Finance Ltd show a 13.28% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to GIC Housing Finance Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a GIC Housing Finance Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. GIC Housing Finance Ltd's 52-week high and low as of May 24, 2024 at 04:14 PM are ₹292.4 and ₹292.4 respectively.

As of the Mar 2024 quarter, the promoter shareholding in GIC Housing Finance Ltd stands at 42.41%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 3.28% to 3.18%.