HDFC Securities Limited (HSL)
HDFC Securities Limited is a stock broker in India offering 3-in-1 account (Savings Bank Account + Demat Account + Trading Account) to retail investors and distribution of third-party products like mutual funds, IPOs, and fixed deposits. The company is a majority-owned subsidiary of HDFC Bank Limited. As a brokerage, its activities comprise several classes of services including agency transactions, subscription-based services and distribution of financial products. The company has more than 259 branches across 171 cities in India. The parent company HDFC Bank holds 97.67 percent of the company's shares.
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