[.]| Listing at BSE, NSE | Thu, Dec 9, 2021 - Fri, Dec 31, 2021
The Indiabulls Housing NCD Dec 2021 issue opens on December 9, 2021 and closes on December 31, 2021. for the subscription.
Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day. The allotment is done on a First Come First Serve Basis.
| Bid/Offer Opens On | December 9, 2021 |
| Bid/Offer Closes On | December 31, 2021 |
Sorry, `Indiabulls Housing NCD Dec 2021` DRHP PDF Document is not available at this time.
| Series | Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 |
|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Annual | Cumulative | Monthly | Annual | Cumulative | Monthly | Annual | Monthly |
| Minimum Application | ₹ 10,000 (10 NCDs) across all Series | |||||||
| Face Value/ Issue Price of NCDs (₹/ NCD) | ₹ 1000 | |||||||
| In Multiples of thereafter (₹) | ₹ 1,000 (1 NCD) | |||||||
| Type of Instrument | Secured NCDs | |||||||
| Tenor | 24 Months | 24 Months | 24 Months | 36 Months | 36 Months | 36 Months | 60 Months | 60 Months |
| Coupon (% per annum) for NCD Holders in Category I & II | 8.35% | NA | 8.05% | 8.50% | NA | 8.20% | 8.75% | 8.43% |
| Coupon (% per annum) for NCD Holders in Category III & IV | 8.75% | NA | 8.42% | 9.00% | NA | 8.66% | 9.25% | 8.89% |
| Effective Yield (per annum) for NCD Holders in Category I & II (%) | 8.35% | 8.35% | 8.36% | 8.49% | 8.50% | 8.51% | 8.75% | 8.76% |
| Effective Yield (per annum) for NCD Holders in Category I & II (%) | 8.75% | 8.75% | 8.75% | 8.99% | 9.00% | 9.00% | 9.24% | 9.26% |
| Mode of Interest Payment | Through various modes available | |||||||
| Amount (₹ / NCD) on Maturity for NCD Holders in Category I & II | Rs 1,000.00 | Rs 1,174.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,277.60 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 |
| Amount (₹ / NCD) on Maturity for NCD Holders in Category I & II | Rs 1,000.00 | Rs 1,182.70 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,295.35 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 |
| Maturity / Redemption Date (Years from the Deemed Date of Allotment) | 24 Months | 24 Months | 24 Months | 36 Months | 36 Months | 36 Months | 60 Months | 60 Months |
| Put and Call Option | Not Applicable | |||||||
The following categories of persons are eligible to apply in the Issue:
The Indiabulls Housing NCD Dec 2021 consists of a base issue and a shelf issue.
Note that the Shelf issue is an option to retain oversubscription up to the shelf issue size over and above the base issue.
Shares offered in Indiabulls Housing NCD Dec 2021 are as below:
| Category 1 (QIB) | 600000 |
| Category 2 | 200000 |
| Category 3 (HNI) | 600000 |
| Category 4 (Retail) | 600000 |
No, NRI's are not eligible to apply in this Issue.
You could check Indiabulls Housing NCD Dec 2021 NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).
Note that there is no official source of GMP Rate as they are over-the-counter transactions.
The NCD's are proposed to be listed on BSE, NSE.
Applicants are allocated NCD's on a First Come First Serve Basis.
You can check Indiabulls Housing Finance Ltd. allotment status on the registrar’s website using your PAN or application number, or on the BSE/NSE website under the debt issue section. If allotted, the NCDs will be credited to your demat account and visible through your broker.
It is hard to say at what price Indiabulls Housing NCD Dec 2021 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.
The issue have been rated “CRISIL AA/Stable” (double A rating with stable outlook) by CRISIL Ratings Limited and, “BWR AA+ /Stable” (“BWR double A plus with stable outlook) by Brickwork Ratings India Private Limited.
Sorry, we do not provide NCD recommendations. But we share a lot of information about Indiabulls Housing NCD Dec 2021 which could help you with questions like Indiabulls Housing NCD Dec 2021 buy or not? You should also read Indiabulls Housing NCD Dec 2021 Analysis from experts and check the daily subscription status.
It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.
Indiabulls Housing Finance Ltd. NCD listing day gains are unpredictable as it depends on many factors on the day of listing. It depends on factors like the demand, the market situation on the day of listing, NCD issue size, etc.