Indiabulls Housing Finance Ltd. (IBHFL) is India’s third largest housing finance company, regulated by the Reserve Bank of India (RBI). IBHFL is rated ‘AA’ by leading rating agencies CRISIL and ICRA. Indiabulls Housing Finance Ltd 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 pre-dominantly offer housing loans and loans against property to their varied client base which comprises (i) salaried and 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.
Indiabulls Housing Finance NCD March 2024 Details
| NCD Issue Open | March 5, 2024 |
| NCD Issue Close | March 19, 2024 |
| NCD Issue Size | Base: 100 Cr. | Shelf: 2000 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 10.75% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSE, NSE Platform |
| Credit Rating | CRISIL AA/Stable by CRISIL Ratings Limited, [ICRA]AA (Stable) by ICRA Limited. |
| Tenor | 24, 36, 60, 84 and 120 Months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
Indiabulls Housing Finance NCD March 2024 Promoters
- The Company has no identifiable promoters and is a professionally managed company.
How to Apply Indiabulls Housing Finance NCD March 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 Finance NCD Review
- May Apply
Indiabulls Housing Finance NCD March 2024 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 24 Month | Annual | 9.65% | 9.65% |
| 2 | 24 Month | Month | 9.25% | 9.65% |
| 3 | 24 Month | Cumu. | NA | 9.65% |
| 4 | 36 Month | Annual | 9.90% | 9.90% |
| 5 | 36 Month | Month | 9.48% | 9.90% |
| 6 | 36 Month | Cumu. | NA | 9.90% |
| 7 | 60 Month | Annual | 10.15% | 10.15% |
| 8 | 60 Month | Month | 9.71% | 10.15% |
| 9 | 84 Month | Annual | 10.50% | 10.50% |
| 10 | 84 Month | Monthly | 10.03% | 10.50% |
| 11 | 120 Month | Annual | 10.75% | 10.74% |
| 12 | 120 Month | Month | 10.25% | 10.75% |
Indiabulls Housing Finance NCD Allocation Ratio
| Category | Allocation |
| Institutional | 30% |
| Non-Institutional | 10% |
| HNI | 30% |
| Retail | 30% |
Indiabulls Housing Finance NCD March 2024 Lead Manager
- Nuvama Wealth Management Limited
- Elara Capital (India) Private Limited
- Trust Investment Advisors Private Limited
Indiabulls Housing Finance NCD March 2024 Allotment Status
- Indiabulls Housing Finance NCD issue allotment available on KFintech.
Indiabulls Housing Finance NCD March 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
Phone: +91 11 4353 2950
Email: [email protected]
Website: http://www.indiabullshomeloans.com/
