What is Motilal Oswal Home Finance Limited?

Motilal Oswal Home Finance Limited (MOHFL) is a Housing Finance Company (HFC) registered with the National Housing Bank (NHB). It is a subsidiary of Motilal Oswal Financial Services Limited and primarily provides home loans for purchase, construction, and renovation of residential properties.

Who owns Motilal Oswal Home Finance Limited?

MOHFL is a subsidiary of Motilal Oswal Financial Services Limited (MOFSL), the listed financial services conglomerate. MOFSL is the primary promoter and controlling entity.

Is Motilal Oswal Home Finance listed on any stock exchange?

No, Motilal Oswal Home Finance Limited is not listed on NSE or BSE. It is an unlisted subsidiary of the listed entity Motilal Oswal Financial Services Limited.

What types of loans does MOHFL offer?

MOHFL primarily offers home loans for purchase and construction of residential properties, home improvement loans, and home renovation loans. It is registered with NHB and operates under housing finance regulations.

Where is MOHFL headquartered?

Motilal Oswal Home Finance Limited is headquartered in Mumbai, Maharashtra, consistent with the parent group's base of operations.

How do I buy Motilal Oswal Home Finance unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Motilal Oswal Home Finance?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Motilal Oswal Home Finance shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Motilal Oswal Home Finance Unlisted Share Price | Buy Motilal Oswal Home Finance Pre-IPO Shares — wisefolio

Investment Thesis

Motilal Oswal Home Finance Limited benefits from strong parentage under the Motilal Oswal Financial Services group and NHB registration, positioning it well in India's growing housing finance market. As an unlisted HFC focused on affordable and mid-income housing, it has meaningful growth potential backed by government policy tailwinds. However, competition from established HFCs and banks, along with interest rate sensitivity, remain key risks to monitor.

Pros

Subsidiary of Motilal Oswal Financial Services Limited (MOFSL), a well-established and reputed financial conglomerate in India
Registered with National Housing Bank (NHB), providing regulatory credibility and access to refinancing facilities
Focuses on affordable and mid-income housing finance segment, a sector with strong government policy support under PMAY
Strong brand parentage from Motilal Oswal group ensures better funding access and customer trust
Growing Indian housing market with low mortgage-to-GDP ratio relative to developed markets indicates significant headroom for growth

Cons

Operates in a highly competitive HFC (Housing Finance Company) sector dominated by HDFC, LIC Housing Finance, and PNB Housing Finance
Relatively newer player in the housing finance space (incorporated 2013) compared to established HFCs
Unlisted status limits capital raising flexibility compared to publicly listed HFCs
Rising interest rate environment increases cost of funds and can compress net interest margins
Exposure to real estate sector means asset quality is vulnerable to property market downturns

Business Segments

Home Loans

Primary product — loans for purchase, construction, and renovation of residential properties for salaried and self-employed individuals

Loan Against Property (LAP)

Loans secured against existing residential or commercial property

Revenue Model

Motilal Oswal Home Finance Limited earns revenue primarily through net interest income (NII) — the spread between its cost of borrowings (from banks, NHB refinance, NCDs) and the interest charged on home loans disbursed. Fee income from processing charges and ancillary services forms a smaller share of revenue.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds14

Growth Plans

India's under-penetrated mortgage market with low mortgage-to-GDP ratio supporting long-term loan book growth

Government's PMAY (Pradhan Mantri Awas Yojana) scheme creating demand in affordable housing segment

NHB refinancing facilities reducing cost of funds for HFCs

Potential future IPO or merger leveraging parent MOFSL's listed entity strength

Recent Developments

NCD issuance for capital raising

MOHFL continued to issue Non-Convertible Debentures to raise capital for expanding its home loan book, leveraging its NHB registration and parent group's credibility.

2023-06

Focus on affordable housing segment

MOHFL maintained focus on providing home loans in the affordable and mid-income housing segment, benefiting from government schemes and NHB refinancing support.

2024-01

Comparable Companies

CompanyTypeTickerMkt Cap

LIC Housing Finance LimitedListedLICHSGFIN~₹35,000 Cr

PNB Housing Finance LimitedListedPNBHOUSING~₹18,000 Cr

Aavas Financiers LimitedListedAAVAS~₹10,000 Cr

LIC Housing Finance LimitedListed

LICHSGFIN · ~₹35,000 Cr

Frequently Asked Questions

About Motilal Oswal Home Finance

Motilal Oswal Home Finance Limited (MOHFL) is the housing finance subsidiary of Motilal Oswal Financial Services — one of India's leading wealth management and financial services groups. MOHFL provides home loans and loan against property (LAP) primarily to self-employed borrowers and salaried individuals in Tier-II and Tier-III cities and extended suburbs of metro areas. For FY2024, MOHFL reported total revenue of ₹589 crore (+10% YoY from ₹531 crore in FY2023). The company had a loan portfolio of approximately ₹4,031 crore as on 31 March 2024, with disbursements crossing the ₹1,000 crore mark at ₹1,018 crore in FY2024. The company operates across 111 locations in 12 states and Union Territories, with a focus on geographic markets underserved by traditional banks. MOHFL maintains excellent asset quality: Gross NPA of 0.9% and Net NPA of 0.4% as of March 2024 — among the best in the housing finance industry. Cost of borrowings stood at 8.3%. The company is triple-rated — CRISIL AA/Stable (with Positive outlook revision in April 2024), ICRA AA/Stable, and India Ratings AA/Stable — reflecting strong parentage from Motilal Oswal Financial Services and disciplined underwriting. CRISIL revised its outlook from Stable to Positive in September 2024, indicating potential for a rating upgrade. Despite healthy revenue growth, PAT declined 2.78% to ₹132.5 crore in FY2024 due to higher provisioning and operating cost investments.

Key Milestones

2013: Incorporated in Mumbai as a Housing Finance Company under the parent Motilal Oswal Financial Services group

Common questions about unlisted shares

How do I buy Motilal Oswal Home Finance unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

Motilal Oswal Home Finance Limited

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