Indiabulls Housing Finance Limited (IBHFL) is one of the largest housing finance companies in India. They are ranking 3rd in India regulated by National Housing Bank (NHB). The company was established in 2000 offers housing loans and loans against properties. They have over 220 branches in 110 towns in India. They have 2 representative offices in Dubai and London offering services to NRIs and PIOs. The housing loan segment covers 65% and the nonhousing segment covers 35% of the business. The company has over 1300 employees strengths.
Indiabulls Housing Finance has a rating of CRISIL AA/Stable by CRISIL and BWR AA+/Stable by BWR. Indiabulls Housing Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on 30 March 2022. Indiabulls Housing Finance will offer 9.26% interest rates on the NCDs. The NCDs tenure is for 24, 36, and 60 months.
Indiabulls Housing Finance NCD Issue Details
| NCD Issue Open | 30 March 2022 |
| NCD Issue Close | 22 April 2022 |
| NCD Issue Size | Base: 100 Cr. | Shelf: 900 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 9.26% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Listing on |
BSE, NSE Platform |
Indiabulls Housing Finance NCD Issue Rating
- Credit Rating: CRISIL AA/Stable and BWR AA+/Stable
Indiabulls Housing Finance NCD Issue Listing
- NCD Bonds to list on BSE & NSE platforms.
Indiabulls Housing Finance NCD Issue Promoters
How to Apply Indiabulls Housing Finance NCD Issue?
You can apply from your existing Demat account online and offline. You can apply via downloading the form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centers.
Indiabulls Housing Finance NCD (March 2022) Issue Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| I | 24 Month | Annual | 8.75% | 8.74% |
| II | 24 Month | Cum | NA | 8.75% |
| III | 24 Month | Month | 8.42% | 8.75% |
| IV | 36 Month | Annual | 9.00% | 8.99% |
| V | 26 Month | Cum | NA | 9.00% |
| VI | 26 Month | Month | 8.66% | 9.01% |
| VII | 60 Month | Annual | 9.25% | 9.24% |
| VII | 60 Month | Month | 8.89% | 9.26% |
Indiabulls Housing Finance NCD Lead Manager
- A.K. Capital Services Limited
- Edelweiss Financial Services Ltd
- IIFL Securities Ltd
- Trust Investment Advisors Private Limited
Indiabulls Housing Finance NCD Allotment Status
- Indiabulls Housing Finance NCD issue allotment available on KFintech
NCD Registrar
KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: ibhl.ncdipo@kfintech.com
Website: https://karisma.kfintech.com/
Company Information
Indiabulls Housing Finance Limited
M 62&63, First Floor,
Connaught Place,
New Delhi – 110 001, Delhi
Phone: +91 11 4353 2950
Email: ajain@indiabulls.com
Website: https://www.indiabullshomeloans.com/
Indiabulls Housing Finance NCD FAQs:
Indiabulls Housing Finance NCD is to open on March 30 and close on April 22, 2022.
You can apply from your existing Demat account online and offline.
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