India’s Leading BFSI Companies 2011
Future Capital Holdings Limited
52, Kalpataru Synergy, Opp Grand Hyatt Hotel, Vakola, Santacruz – East, Mumbai – 400055, Maharashtra
Tel: 91 22 66423480; Fax: 91 22 66423401; E-mail: fch.legal@fch.in; Website: www.fch.in
Background
Future Capital Holdings Ltd (Future
Capital Holdings) is the financial services
arm of the Future Group. The company
was incorporated in 2005 as KB Infin Pvt
Ltd. In Apr 2006, Pantaloon Retail (India)
Ltd acquired the company and in Dec
2006 changed its name to Future Capital
Holdings. In 2007, the company launched
its Future Money business and in Jan 2008
got listed on BSE.
Business Profile
Future Capital Holdings’ primary lines
of business include retail financial services,
wholesale credit and treasury. Under
investment advisory services, the company
provides private equity & real estate
investment advisory services to onshore
and offshore clients. The company’s inhouse research team conducts macro
economic analysis, survey based field
work, in-house data and real time business
experience. Its retail credit business is
operated under the Future Money brand.
The company also distributes insurance
products of Future Generali, which is a joint
venture between Future Group and Italybased Generali Group. Under wholesale
credit the company provides mezzanine
financing, promoter financing, project and
acquisition financing.
D&B D-U-N-S® 91-612-7195
Company Information
Chairperson
K Biyani
Service Offerings
Loans, Welalth Mgmt, Project Financing
Performance for FY11
Total Income (` mn)
2,637.3
552.6
Net Profit (` mn)
TI Growth (%)
372.71
NP Growth (%)
219.10
20.95
NPM (%)
GIC Housing Finance Limited
Universal Insurance Building, 3rd Floor, Sir PM, Road, Fort, Mumbai - 400001, Maharashtra
Tel: 91 22 22851765/66/67; Fax: 91 22 22884985; Email: corporate@gichf.com; Website: www.gichfindia.com
Background
GIC Housing Finance Ltd (GICHFL) was
incorporated as GIC Grih Vitta Ltd in 1989.
The company was promoted by GIC and
its erstwhile subsidiaries namely, NIC, New
India Assurance, Oriental Insurance and
United India together with UTI, ICICI, IFCI,
HDFC and SBI. In Nov 1993, the company
was renamed as GICHFL.
Business Profile
GICHFL is primarily involved in the
business of granting housing loans
to individuals and to persons/entities
engaged in construction of houses/flats for
residential purposes. Its business profile
largely comprises of retail loans offered
under schemes like fixed/floating and flexifixed rate of interest. In FY11, new loans
approved amounted to Rs 10.6 bn and
loans disbursed during the year stood at
Rs 9,690 mn as against Rs 7,770 mn and
Rs 6,730 mn respectively. For the same
period, the retail loan portfolio stood at
around Rs.34 bn displaying a growth rate
of 17%, as compared to the previous year.
In FY11, the company opened its branches
in Durgapur in West Bengal, Jodhpur in
Rajasthan and Kolhapur in Maharashtra
taking the total number of branches to
30.
D&B D-U-N-S® 91-533-8631
Company Information
Chairperson
AK Roy
Service Offerings
Housing loans, Mortgage Loans
Performance for FY11
Total Income (` mn)
4,283.5
Net Profit (` mn)
1,137.7
TI Growth (%)
37.69
NP Growth (%)
69.56
NPM (%)
26.56
Gruh Finance Limited
GRUH Netaji Marg, Near Mithakali Six Roads, Ellisbridge, Ahmedabad - 380006, Gujarat
Tel: 91 79 26421671-75; Fax: 91 79 26560649; Website: www.gruh.com
Background
Gruh Finance Ltd (Gruh Finance) was
incorporated in 1986 as Gujarat Rural
Housing Finance Corporation Ltd with the
primary objective of providing long term
housing finance for residential purposes. It
was promoted by HDFC in association with
Aga Khan Fund for Economic Development.
In 1995, the company was renamed as
Gruh Finance. The company became a
subsidiary of HDFC in the year 2000.
Business Profile
Gruh Finance is primarily engaged
in the business of providing home loans
to individuals & families for purchase,
construction, extension, repair and
renovation of houses. Some of its loan
products include Gruh Suraksha, Gruh
Suvidha, Gruh Sajavat and Gruh Samruddhi.
Apart from extending home loans &
repair loans, the company offers loans to
families for purchase, construction, repair
& renovation of non-residential properties.
Gruh Finance also has tie-ups with Oriental
Insurance Company Ltd and HDFC Standard
Life for distribution of their insurance
products. During FY11, the company has
disbursed Rs 12.11 bn.
D&B D-U-N-S® 85-806-2083
Company Information
Chairperson
D Parekh
Service Offerings
Housing Loans, Insurance Products
Performance for FY11
Total Income (` mn)
3,603.7
Net Profit (` mn)
915.1
TI Growth (%)
16.60
NP Growth (%)
32.71
NPM (%)
25.39
67