Indiabulls Housing Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs subscription to start on October 7, 2022. Indiabulls Housing Finance will offer 9.55% interest rates on the NCDs. Indiabulls Housing Finance NCD has a rating of CRISIL AA/Stable and ICRA AA. The NCDs tenure is for 24, 36 and 60 months. Check out Indiabulls Housing Finance NCD 2022 details here.
Indiabulls Housing Finance Limited (IBHFL) is one of the largest housing finance companies in India. They are ranking 3rd in India regulated by National Housing Bank (NHB). The company was established in 2000 offers housing loans and loans against 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 the nonhousing segment covers 35% of the business. The company has over 1300 employees strengths.
Indiabulls Housing Finance NCD October 2022 Issue Details
NCD Issue Open | October 7, 2022 |
NCD Issue Close | October 28, 2022 |
NCD Issue Size | Base: 800 Cr. | Shelf: 1400 Cr. |
Price Band | ₹1000 per NCD |
Interest Rate | Up to 9.55% ** (Annually) |
Minimum Investment | 10 Bonds (₹1,000) |
Listing on | BSE and NSE Platform |
Credit Rating | CRISIL AA/Stable and ICRA AA |
Tenor | 24, 36 and 60 months |
Basis of Allotment | First Come First Serve Basis |
Indiabulls Housing Finance NCD October 2022 Promoters
- Mr. Sameer Gehlaut
How to Apply Indiabulls Housing Finance NCD October 2022 Issue?
You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.
Indiabulls Housing Finance NCD October 2022 Tenure & Interest Rates
Opt | Tenure | Payment | Coupon | Eff. Yield |
I | 24 Month | Annual | 9.05% | 9.04% |
II | 24 Month | Cumu. | NA | 9.05% |
III | 24 Month | Month | 8.70% | 9.04% |
IV | 36 Month | Annual | 9.30% | 9.29% |
V | 36 Month | Cumu. | NA | 9.30% |
VI | 36 Month | Month | 8.94% | 9.31% |
VII | 60 Month | Annual | 9.55% | 9.54% |
VIII | 60 Month | Month | 9.15% | 9.54% |
Indiabulls Housing Finance NCD October 2022 Lead Manager
- A.K. Capital Services Limited
- Edelweiss Financial Services Ltd
- IIFL Securities Ltd
- Trust Investment Advisors Private Limited
Indiabulls Housing Finance NCD October 2022 Allotment Status
- Indiabulls Housing Finance NCD issue allotment available on KFintech.
Indiabulls Housing Finance NCD October 2022 Registrar
KFin Technologies 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
Phone: +91 11 4353 2950
Email: [email protected]
Website: https://www.indiabullshomeloans.com/
Indiabulls Housing Finance NCD October 2022 FAQs:
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