Dewan Housing Finance Corporation Limited NCD (DHFL_NCD_MAY_2018) Detail

May 22, 2018 - Jun 4, 2018
Dewan Housing Finance Corporation Limited Logo

Dewan Housing Finance Corporation Ltd. (DHLF), is a deposit-taking housing finance company registered with the NHB and focused on providing financing products for the LMI segment in India primarily in Tier II and Tier III cities and towns. It has been active in the housing finance sector in India since 1984. DHFL provides secured finance primarily to individuals, partnership firms and companies for the purchase, self-construction, improvement, and extension of homes, new and resalable flats, commercial properties and land. It also provides certain categories of non-housing loans, asset management services, mutual fund products, and insurance products. It has a robust marketing and distribution network, with a presence across 347 locations including 187 branches, 135 micro branches, 20 zonal/ regional / CPU offices, two disbursement hubs, one collection center, one Corporate office and One National office.

DHFL_NCD_MAY_2018 Detail

Issue Open May 22, 2018 - Jun 4, 2018
Security Name Dewan Housing Finance Corporation Limited
Security Type
Issue Size (Base) Rs 12,000.00 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, NSE
Credit Rating
Payment Frequency
Basis of Allotment First Come First Serve Basis

Company Promoters

The promoters of the company are Mr. Kapil Wadhawan and Mr. Dheeraj Wadhawan.

Objects of the Issue

The Net Proceeds raised through this Issue will be utilized for following activities in the ratio provided as below:

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


These instruments are rated CARE AAA/Stable by CARE and BWR AAA/Stable by Brickwork. Instruments with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations.


TThis offer has coupon rates ranging from 8.56% to 9.10% and tenure of 3 yrs, 5 yrs, 7 yrs and 10 yrs. The Company is offering additional 1% loyalty interest to all original allottees who will continue the scheme till maturity selected. Over and above this, an additional interest of 0.10% is being offered to Senior Citizens. Interest payment will be on a Monthly, Annual or Cumulative basis as per the choice of investors.

Useful Links

DHFL_NCD_MAY_2018 Prospectus

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Company Contact Information

Dewan Housing Finance Corporation Limited
Warden House
2nd Floor, Sir P.M. Road
Fort, Mumbai - 400 001, Maharashtra

Phone: +91 22 6106 6800
Email: secretarial@dhfl.com
Website: http://www.dhfl.com

DHFL_NCD_MAY_2018 Registrar

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

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/


2. keyur patel     Link|May 21, 2018 10:43:06 PM
Will it saleable on stock exchange?
2.1. PSR     Link|May 22, 2018 10:09:49 AM
2.2. AnkurGoel     Link|May 23, 2018 10:00:04 AM
Both on BSE and NSE as per mentioned in its draft.
1. Share Khan ipo     Link|May 22, 2018 12:20:54 PM
Any grey Market Rate
1.1. AnkurGoel     Link|May 23, 2018 9:59:29 AM
It is debt market instrument. So there is no grey market.