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| Company type | Private |
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| Industry | Financial services Stockbrokerage Mutual funds Capital markets |
| Founded | 2000 |
| Headquarters | , |
Area served | Worldwide |
Key people | Bharat Shah, Chairman Dhiraj Relli Managing Director & CEO |
| Parent | HDFC Bank |
HDFC Securities Limited is a financial services intermediary and a subsidiaryofHDFC Bank, a private sector bank in India. HDFC Securities was founded in year 2000 and is headquartered in Mumbai, with branches across major cities and towns in India.[1]
HDFC Securities is the stock-broking arm of India’s largest private-sector lender, HDFC Bank,[2] and began operations in April 2000. It began as a joint venture between HDFC Bank Limited, HDFC Limited and Indocean eSecurities Holdings Limited.[3]
Along with its stock broking services, HDFC Securities is a distributor of financial products. In 2006, HDFC Bank bought HDFC Ltd's stake and in 2008, it acquired another 4% from Indocean eSecurities. Currently, HDFC Securities is a subsidiary of HDFC Bank.[4][5]
HDFC Securities Ltd is the stock broking and distribution arm of the HDFC Group. It is a corporate member of both the Bombay Stock Exchange (BSE) and the National Stock exchange (NSE). In 2019, it entered into a partnership with Stockal, a US-based financial platform and launched GlobalInvesting.in, which allows its customers to directly invest in Nasdaq listed US stocks.[2]
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