HDFC Securities Limited is stock broker in India offering 3-in-1 account (Savings Bank Account + Demat Account + Trading Account) to retail investors and distribution of third party products like mutual funds, IPOs, and fixed deposits. The company is a majority owned subsidiary of HDFC Bank Limited. As a brokerage, its activities comprise several classes of services including agency transactions, subscription-based services and distribution of financial products. The company has more than 259 branches across 171 cities in India. The parent company HDFC Bank holds 97.67 percent of the company's shares.
Parent company - HDFC Bank owns 97.67% of HSL's equity shares.
HSL is ranked 2nd in terms of active (transacting) customers among all broking houses in India.
HSL presently has over 6 lakh active clients and is eyeing an active user base of 10 lakh in 2018-19, the total number of active brokerage clients in India stands at over 82 lakhs in financial year 2018.
HSL's revenue and profit after tax(PAT) has grown at 23.60% and 27.75% CAGR over the past three years.
ICRA Ratings Limited has assigned ratings for the various facilities availed by the company as ICRA AAA(Stable).
HSL also will focus on expanding the distribution of third-party products, especially mutual funds. In the last two years, HSL incrementally created three lakh SIPs. HSL is among the top 10 distributors incrementally to sell SIPs.
During the year, HSL was awarded the "Runners-Up" position by Outlook Money Awards 2016 in the "Best Retail Broker" Category and also won three prestigious PFRDA Awards for NPS, viz., Best POP All Citizen, Best POP NPS Corporate and Best POP NPS Private Sector.