Indiabulls Housing Finance Limited (IBHFL) is one of the largest housing finance companies in India. They are ranking at 3rd in India regulated by National Housing Bank (NHB). The company was established in 2000 offers housing loans and loans against the properties. They have over 220 branches in 110 towns in India. They have 2 representative offices in Dubai and London offering services to NRIs and PIOs. The housing loan segment covers 65% and non housing segment covers 35% of the business. The company has over 1300 employee strength.
Indiabulls Housing Finance has a rating of CRISIL AA/Stable by Crisil Ratings Limited and BWR AA+/Stable by Brickwork Ratings India Private Limited. Indiabulls Housing Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on 09 December 2021. Indiabulls Housing Finance will offer 9.25% interest rates on the NCDs. The NCDs tenure is for 24, 36, and 60 Months.
Indiabulls Housing Finance NCD Issue Details
NCD Issue Open | 09 December 2021 |
NCD Issue Close | 31 December 2021 |
NCD Issue Size | Base: 200 Cr. | Shelf: 800 Cr. |
Price Band | ₹1000 per NCD |
Interest Rate | Upto 9.25% ** (Annually) |
Minimum Investment | 10 Bonds (₹1,000) |
Maximum Investment | 1,000 Bonds (₹10,00,000) |
Listing on | BSE & NSE Platform |
Indiabulls Housing Finance NCD Issue Rating
- CRISIL Ratings: CRISIL AA/Stable
- Brickwork Ratings: BWR AA+/Stable
Indiabulls Housing Finance NCD Issue Listing
- NCD Bonds to list on BSE & BSE platforms.
Indiabulls Housing Finance NCD Issue Promoters
- Mr. Sameer Gehlaut
How to Apply Indiabulls Housing Finance NCD Issue?
You can apply from your existing Demat account online and offline. You can apply via downloading the form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centers.
Indiabulls Housing Finance NCD (December 2021) Issue Tenure & Interest Rates
Opt | Tenure | Payment | Coupon | Eff. Yield |
I | 24 Months | Annual | 8.35% | 8.75% |
II | 24 Months | Cumu | NA | 8.75% |
III | 24 Months | Month | 8.05% | 8.75% |
IV | 36 Months | Annual | 8.50% | 8.99% |
V | 36 Months | Cumu | NA | 9.00% |
VI | 36 Months | Month | 8.20% | 9.00% |
VII | 60 Months | Annual | 8.75% | 9.24% |
VIII | 60 Months | Month | 8.43% | 9.26% |
Indiabulls Housing Finance NCD Lead Manager
- Edelweiss Financial Services Ltd
- IIFL Securities Ltd
- Trust Investment Advisors Private Limited
Indiabulls Housing Finance NCD Allotment Status
- Indiabulls Housing Finance NCD issue allotment available on KFintech
NCD Registrar
KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/
Company Information
Indiabulls Housing Finance Limited
M 62&63,First Floor
Connaught Place, New Delhi – 110 001
Delhi, India
Phone: +91 11 4353 2950
Email: [email protected]
Website: http://www.indiabullshomeloans.com/
Indiabulls Housing Finance NCD FAQs:
When is Indiabulls Housing Finance NCD Open?
Indiabulls Housing Finance NCD to open on December 09 and close on December 20, 2021.
What is Indiabulls Housing Finance NCD Price?
The company has fixed the price at ₹1000 per NCD.
What is Indiabulls Housing Finance NCD Issue Size?
The NCD issue size is ₹200 crores.
On Which platform the Indiabulls Housing Finance NCD will list?
Indiabulls Housing Finance NCD will list on BSE & NSE Platforms.
How to apply for Indiabulls Housing Finance NCD?
You can apply from your existing Demat account online and offline.