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About GIC Housing Finance Ltd
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GIC Housing Finance Limited was incorporated on December 12, 1989 as `GIC Grih Vitta Limited`. Name of the Company was thereafter changed from GIC Grih Vitta Limited to GIC Housing Finance Limited with effect from November 16, 1993. Company was formed with the main object of entering in the field of direct lending to individuals and other corporates to accelerate the housing activities in India. The Company`s main business is to provide loans for the purchase or construction of residential units. GIC Housing Finance Limited is a subsidiary of General Insurance Corporation of India. They provide loans to individuals and to persons/ entities engaged in construction of houses/ flats for residential purposes. Company has total 72 Branch Offices (including corporate office), 5 Satellite Offices and 4 Hub offices as on March 31, 2025. The company was promoted by General Insurance Corporation of India and their erstwhile subsidiaries namely, National Insurance Company Ltd, The New India Assurance Company Ltd, The Oriental Insurance Company Ltd and United India Insurance Company Ltd together with erstwhile UTI, ICICI, IFCI, HDFC and SBI, all of them contributing to the initial share capital. HDFC, SBI, ICICI and SUUTI sold off their holding in the company and ceased to be the promoters of the company. During the year 1989-91, the company started their operations in 8 locations. During the year 1991-92, they launched Employee and Builder Scheme Housing Scheme. During the year 1994-95, the company started new services centres in Navi Mumbai, Vizag and Coimbatore. During the year 1996-97, they started the process of branch interlinking and computerization. During the year 2000-01, the company opened a service centre at Madurai in Tamilnadu. During the year 2001-02, they opened three service centres at Trichy (Tamil Nadu), Thane (Mumbai) and Noida (Delhi). During the year 2009-10, the company opened their branches in tier two cities namely Baroda, Nagpur and Nasik. With this, the total number of branches as on 31st March 2010 stood at 27. They sanctioned Rs 77757 lakh under `Apna Ghar Yojana` during the year. The company had taken `Special Contingency Insurance` with The New India Assurance Company Ltd, which covers Accidental Insurance and Mortgaged property Insurance of the borrowers of the company. Also, the company made a tie up with Kotak Mahindra Old Mutual Life Insurance Ltd for getting insurance cover on the life of the borrower to the extent of the `outstanding home Loan`. In December 2010, the company sold their investments in LIC Mutual Fund Asset Management Company Ltd and LIC Mutual Fund Trustee Company Pvt Ltd.During the year ended 31 March 2014, GIC Housing Finance opened its branches at Patna (Bihar), Ahmedabad (Gujarat), Yelahanka (Bangalore, Karnataka), Chandanagar (Hyderabad, Andhra Pradesh), Kalyan & Borivali (Maharashtra) and Dehradun (Uttarakhand). During the year ended 31 March 2015, GIC Housing Finance opened its branches at Meerut (Uttar Pradesh), Boisar (Maharashtra), Ghaziabad (Uttar Pradesh), Margao (Goa), Dwarka (Delhi), Electronic City (Bengaluru), Garia (Kolkata) and Hadapsar (Maharashtra). During the year ended 31 March 2016, GIC Housing Finance opened its branches at Greater Noida (Uttar Pradesh), Raipur (Chhattisgarh), Vijayawada (Andhra Pradesh), Vasai (Maharashtra) and Patiala (Punjab).During the year ended 31 March 2017, GIC Housing Finance opened its branches at Pitampura (Delhi), Hinjewadi (Maharashtra), Barasat (West Bengal), Mangalore (Karnataka) and Guwahati (Assam). During the year ended 31 March 2018, GIC Housing Finance opened its branches at Kozhikode (Kerala), Nellore (Andhra Pradesh), Whitefield (Karnataka), Hubli (Karnataka) and Siliguri (West Bengal). In 2018-19, the Company opened its Branches at Thrissur (Kerala), Surat (Gujarat), Suchitra (Hyderabad), Kengari (Karnataka) and Varanasi (Uttar Pradesh), which totaled to 75 offices. The Company opened 5 Satellite Offices in year 2022 to improve its geographical presence. During the year 2022-23, Malout and Diamond Harbour service centers merged with nearest Branch offices i.e.., with Chandigarh Branch Office and Kolkata Branch Office respectively.
GIC Housing Finance share price as on 05 Dec 2025 is Rs. 165.62. Over the past 6 months, the GIC Housing Finance share price has decreased by 12.92% and in the last one year, it has decreased by 26.37%. The 52-week low for GIC Housing Finance share price was Rs. 156.01 and 52-week high was Rs. 229.5.
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GIC Housing Finance Ltd FAQs
You can buy GIC Housing Finance Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy GIC Housing Finance Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 05, 2025 09:49 AM the closing price of GIC Housing Finance Ltd was Rs.165.62.
The latest PE ratio of GIC Housing Finance Ltd as of Dec 05, 2025 09:49 AM is 6.29
The latest PB ratio of GIC Housing Finance Ltd as of Dec 05, 2025 09:49 AM is 0.45
The 52-week high of GIC Housing Finance Ltd share price is Rs. 229.50 while the 52-week low is Rs. 156.01
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Dec 05, 2025 09:49 AM, the market cap of GIC Housing Finance Ltd stood at Rs. 891.88 Cr.
Market Outlook
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