History
DECADES OF
RESILIENT GROWTH
RESILIENT GROWTH
1988
- Obtained the National Housing Bank (NHB) license for loans and deposits
- Commenced operations
2006
- Crossed `1,000 crores in AUM
2009
- Destimoney Enterprises Limited (DEL) acquired 26% stake in the Company
1994
- Crossed `100 crores in AUM
2003
- Notified under Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest (SARFAESI) Act
2010
- Launched Business Process Re-engineering project, ‘Kshitij’
2014
- PAT crossed `100 crores
- AUM crossed `10,000 crores
2012
- DEL raised stake from 26% to 49% through conversion of compulsory convertible debentures (CCD)
2011
- New brand positioning with completely refurbished, elegant, convenient and secured offices
- Robust and scalable target operating model (TOM) implementation commenced
2015
- Implemented end-to end Enterprise System Solution
- DEL acquired by Quality Investment Holdings (QIH), of the Carlyle Group
2016
- Listed on Indian stock exchanges through IPO, raised `3,000 crores
- AUM crossed `25,000 crores
- Target operating model (TOM) fully implemented
2017
- Crossed `50,000 crores in AUM
- Crossed `10,000 crores in deposits
- Certified as a ‘Great Place to Work’ by building a ‘High Trust, High Performance Culture’
- Incorporated a wholly owned subsidiary PHFL Home Loans and Services Limited (PHFL)
2019
- Expanded to over 100 branches
- PAT crossed `1,100 crores
2018
- Included in the MSCI Global Small Cap Index
- Certified ‘Great Place to Work’ second year in a row
- Recognised as ‘Best BFSI Brand’ by Economic Times
1988
- Obtained the National Housing Bank (NHB) license for loans and deposits
- Commenced operations
1994
- Crossed `100 crores in AUM
2003
- Notified under Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest (SARFAESI) Act
2006
- Crossed `1,000 crores in AUM
2009
- Destimoney Enterprises Limited (DEL) acquired 26% stake in the Company
2010
- Launched Business Process Re-engineering project, ‘Kshitij’
2011
- New brand positioning with completely refurbished, elegant, convenient and secured offices
- Robust and scalable target operating model (TOM) implementation commenced
2012
- DEL raised stake from 26% to 49% through conversion of compulsory convertible debentures (CCD)
2014
- PAT crossed `100 crores
- AUM crossed `10,000 crores
2015
- Implemented end-to end Enterprise System Solution
- DEL acquired by Quality Investment Holdings (QIH), of the Carlyle Group
2016
- Listed on Indian stock exchanges through IPO, raised `3,000 crores
- AUM crossed `25,000 crores
- Target operating model (TOM) fully implemented
2017
- Crossed `50,000 crores in AUM
- Crossed `10,000 crores in deposits
- Certified as a ‘Great Place to Work’ by building a ‘High Trust, High Performance Culture’
- Incorporated a wholly owned subsidiary PHFL Home Loans and Services Limited (PHFL)
2018
- Included in the MSCI Global Small Cap Index
- Certified ‘Great Place to Work’ second year in a row
- Recognised as ‘Best BFSI Brand’ by Economic Times
2019
- Expanded to over 100 branches
- PAT crossed `1,100 crores