PNB Housing Finance Limited

PNB Housing Finance Ltd
Company type	Public
Traded as	NSE: PNBHOUSING; BSE: 540173;
Industry	Financial services, Housing Finance Company (HFC), BFSI
Founded	11 November 1988
Headquarters	New Delhi, India
Number of locations	189 branches (2023)
Area served	India
Key people	Girish Kousgi (Managing Director) ; Sanjay Jain (Company Secretary & Compliance Head); Anubhav Rajput (Chief Technology Officer)
Products	Home Loans, Mortgage loan, Home Improvement Loans, Home Construction Loans, Plot Loans, Home Extension Loans, Land Loans, Loan Against Property, Lease Rental Discounting, Fixed Deposits
Revenue	₹7,057 crore (US$850 million) (2024)
Operating income	₹1,954 crore (US$230 million) (2024)
Net income	₹1,508 crore (US$180 million) (2024)
Total assets	₹72,405 crore (US$8.7 billion) (2024)
Number of employees	~1690 (2023)
Website	www.pnbhousing.com

PNB Housing Finance Limited (PNB Housing) is an Indian housing finance company registered with National Housing Bank (NHB). It was incorporated under the Companies Act, 1956 and commenced its operations on 11 November 1988. PNB Housing is promoted by Punjab National Bank (PNB). The Company came out with a public issue of equity shares in November 2016. Its equity shares are listed on National Stock Exchange of India (NSE) and Bombay Stock Exchange with effect from 7 November 2016.^[2] The company provides housing loans & loan against property as a part of its product portfolio and also holds the license to accept public deposits.

On 30 March 2019, Punjab National Bank announced that it had signed an agreement to sell a 13.01% stake in PNB Housing Finance to private equity firm General Atlantic and alternative investment firm Varde Partners for ₹1,851.60 crore (US$220 million).^[3]^[4]

As on 31 December 2018, the shareholding pattern in PNB HFL, Highest shareholding is 32.7 percent of PNB BANK (PROMOTER/Parent) & 32.3 Percent of Quality investment holding (QIH) & remaining part of FII, public, mutual fund companies, corporate bodies & others.

^ "FY24 Results".
^ NULL. "List of Housing Finance Companies granted Certificate of Registration" (PDF). nhb.org.
^ Panda, Subrata (29 March 2019). "PNB offloads stake in PNB Housing Finance for Rs 1,851 crore". Business Standard India. Retrieved 29 March 2019.
^ Bureau, Our (29 March 2019). "PNB inks pacts to sell 13% in housing arm for ₹1,852 crore". @businessline. Retrieved 29 March 2019. {{cite web}}: |last1= has generic name (help)

[1] "FY24 Results".

[2] NULL. "List of Housing Finance Companies granted Certificate of Registration" (PDF). nhb.org.

[3] Panda, Subrata (29 March 2019). "PNB offloads stake in PNB Housing Finance for Rs 1,851 crore". Business Standard India. Retrieved 29 March 2019.

[4] Bureau, Our (29 March 2019). "PNB inks pacts to sell 13% in housing arm for ₹1,852 crore". @businessline. Retrieved 29 March 2019. {{cite web}}: |last1= has generic name (help)

[1]

[2]

[3]

[4]