Milestones
21-Jul-86 Incorporation of Gujarat Rural Housing Finance Corporation Limited
1987-88 Commences Lending Operations from the state of Gujarat
1992-93 IPO of 2.15 Crores.
1994-95 Cumulative disbursements cross 100 Crores
1995-96 Changes name to GRUH Finance Limited
1995-96 Commences lending operations in the State of Maharashtra
1996-97 First to introduce Tenure Base Pricing
1998-99 Moved to its own Corporate Office Building
1999-00 Cumulative Disbursements cross 500 Crores
2000-01 Becomes subsidiary of Housing Development Finance Corporation Limited (HDFC)
2000-01 Implements RDBMS Application Software – GRIT
2001-02 Commences lending operations in the State of Karnataka
2001-02 Introduces GRUH Suvidha – Home Loans for Self Employed
2003-04 Commences sourcing of business through Referral Associates – GRA
2004-05 Loan Asset crosses 1000 Crores
2005-06 Commences lending Operations in the state of Madhya Pradesh & Rajasthan
2006-07 Introduced Credit Score linked pricing model
2006-07 Cumulative Disbursements cross 2500 Crores
2007-08 Mr. Hasmukh Adhia, at the GRUH’S 10th Annual Excellence day
2007-08 Market Capitalization crosses 500 Crores
2007-08 Commences lending operations in the state of Chhattisgarh & Tamilnadu
2008-09 ICAI Award – Excellence in Financial Reporting for FY 2007-08
2009-10 Financed 1,50,000 dwelling units
2010-11 Loan Assets crossed 3000 Crores
2010-11 Opened its 100th branch at Dhar
2010-11 Market Capitalization crosses 1000 Crores
2010-11 Cumulative Disbursements cross 5000 Crores
