Indiabulls Housing Fin. Tranche VI NCD May 2024 – Effective Yield 10.75% p.a.

Indiabulls Housing Fin. Tranche VI Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on May 13, 2024. Indiabulls Housing Fin. Tranche VI will offer 10.75% interest rates on the NCDs. Indiabulls Housing Fin. Tranche VI NCD has a rating of “CRISIL AA/Stable” by CRISIL Ratings Limited and “[ICRA]AA (Stable)” by ICRA Limited. The NCDs tenure is for 24, 36, 60, 84 and 120 months. Check out Indiabulls Housing Fin. Tranche VI NCD 2024 details here.

Indiabulls Housing Finance NCD 2024

Indiabulls Housing Finance Limited is a non-deposit-taking housing finance company (“HFC”) registered with the NHB. They are also a notified financial institution under the SARFAESI Act. They predominantly offer housing loans and loans against property to their varied client base which comprises (i) salaried employees; (ii) self-employed individuals; (iii) micro, small, and medium-sized enterprises (“MSMEs”), and (iv) corporates. They focus primarily on long-term secured mortgage-backed loans. They also offer mortgage loans to real estate developers in India in the form of lease rental discounting for commercial premises and construction finance for the construction of residential premises. A majority of their Loan Book comprises housing loans, including in the affordable housing segment.


Indiabulls Housing Fin. Tranche VI NCD May 2024 Details

NCD Issue OpenMay 13, 2024
NCD Issue CloseMay 27, 2024
NCD Issue SizeBase: 100 Cr. | Shelf: 2000 Cr.
Price Band₹1000 per NCD
Interest RateUp to 10.75% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE, NSE Platform
Credit Rating“CRISIL AA/Stable” by CRISIL Ratings Limited and “[ICRA]AA (Stable)” by ICRA Limited.
Tenor24, 36, 60, 84 and 120 Months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

Indiabulls Housing Fin. Tranche VI NCD May 2024 Promoters

  • The Company has no identifiable promoters and is a professionally managed company.

How to Apply Indiabulls Housing Fin. Tranche VI NCD May 2024 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 Fin. Tranche VI NCD Review

  • Avoid

Indiabulls Housing Fin. Tranche VI NCD May 2024 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
124 MonthAnnual9.65%9.65%
224 MonthMonth9.25%9.65%
324 MonthCumu.NA9.65%
436 MonthAnnual9.90%9.90%
536 MonthMonth9.48%9.90%
636 MonthCumu.NA9.90%
760 MonthAnnual10.15%10.15%
860 MonthMonth9.71%10.15%
984 MonthAnnual10.50%10.50%
1084 MonthMonth10.03%10.50%
11120 MonthAnnual10.75%10.74%
12120 MonthMonth10.25%10.75%

Indiabulls Housing Fin. Tranche VI NCD Allocation Ratio

CategoryAllocation
Institutional30%
Non-Institutional10%
HNI30%
Retail30%

Indiabulls Housing Fin. Tranche VI NCD May 2024 Lead Manager

  • Nuvama Wealth Management Limited
  • Elara Capital (India) Private Limited
  • Trust Investment Advisors Private Limited

Indiabulls Housing Fin. Tranche VI NCD May 2024 Allotment Status

  • Indiabulls Housing Fin. Tranche VI NCD issue allotment available on KFintech.

Indiabulls Housing Fin. Tranche VI NCD May 2024 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://kosmic.kfintech.com/ipostatus/

Company Information

Indiabulls Housing Finance Limited
5th Floor, Building No. 27,
KG Marg Connaught Place,
New Delhi – 110 001
aPhone: +91 11 4353 2950
Email: [email protected]
Website: https://www.indiabullshomeloans.com/

Indiabulls Housing Fin. Tranche VI NCD May 2024 FAQs:


When is Indiabulls Housing Fin. Tranche VI NCD Open?

Indiabulls Housing Fin. Tranche VI NCD is to open on May 13, 2024/b> and close on May 27, 2024.

What is Indiabulls Housing Fin. Tranche VI NCD Price?

The company has fixed the price at ₹1000 per NCD.

What is Indiabulls Housing Fin. Tranche VI NCD Issue Size?

The NCD issue size is ₹100 crores.

On Which platform the Indiabulls Housing Fin. Tranche VI NCD will list?

Indiabulls Housing Fin. Tranche VI NCD will list on BSE and NSE Platforms.

How to apply for Indiabulls Housing Fin. Tranche VI NCD?

You can apply from your existing Demat account online and offline.

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