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Indiabulls Housing Finance Ltd NCD (Indiabulls Housing Finance NCD) Detail

September 15, 2016 - September 23, 2016
Indiabulls Housing Finance Ltd Logo

Indiabulls Housing Finance Ltd (IHFL) is the second largest housing finance company in the enjoying investors and users trust. The company is a non-deposit taking HFC registered with the NHB. We are also a notified financial institution under the SARFAESI Act. It focuses primarily on long-term secured mortgage-backed loans.

It also offers housing loans and loans against property to its target client base of salaried and self-employed individuals and small and medium-sized enterprises and also offers 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. The majority of IHFL's assets under management ('AUM') comprise housing loans, including in the affordable housing segment.

Indiabulls Housing Finance NCD Detail

Issue Open September 15, 2016 - September 23, 2016
Security Name Indiabulls Housing Finance Ltd
Security Type
Issue Size (Base) Rs 7,000.00 Crores
Issue Size (Shelf) Rs [.] Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size 10 NCD
Market Lot 10 NCD
Listing At BSE
Credit Rating
Tenor
Series
Payment Frequency
Basis of Allotment First Come First Serve Basis

Company Promoters

The promoters of the company are:

1. Mr. Sameer Gehlaut

Objects of the Issue

The object of the issue are:

1. For the purpose of onward lending, financing, and for repayment of interest and principal of existing borrowings of the Company; and
2. General corporate purposes.

Ratings

This debt offer is rated CARE AAA and BWR AAA. Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations and carry very low credit risk.

Offerings

Coupon rates are ranging from 8.55 per cent to 9.15 per cent. Tenures are 3 years, 5 years and 10 years.

Useful Links

Indiabulls Housing Finance NCD Prospectus

Indiabulls Housing Finance NCD Rating

7
3.9
Rating:Rated 3.9 stars
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Indiabulls Housing Finance NCD Reviews

Company Contact Information

Indiabulls Housing Finance Ltd
M-62 & 63, First Floor,
Connaught Place,
New Delhi - 110 001

Phone: +91 11 3025 2900
Email: ihflpublicncd@indiabulls.com
Website: http://www.indiabullshomeloans.com

Indiabulls Housing Finance NCD Registrar

Kfin Technologies Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: indiabullshousing.ncdipo@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/


3 Comments

3. KAUSHIKI PADA CHAKRABARTI     Link|October 3, 2016 11:23:55 AM
dear sir, pl. inform me the date of listing of Indiabulls Housing Finance Ltd ncd bond 2016. can i sell it at the time of listing?
2. ASHISH     Link|September 25, 2016 7:05:56 PM
DATE OF LISTING
1. Priya     Link|September 16, 2016 1:00:06 AM
Small amounts can be invested but it''s not worth to take more risk in such NCD''s.

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