Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Incorporated in 2005, the company engages in providing mortgage lending services. Indiabulls Housing Finance Limited is one of the largest housing finance companies in India and is the flagship company of Indiabulls Group. The company offers various services like Home Loans, Home Renovation Loans, Rural Home Loans, and Home Extension Loans among others. As of December 31, 2021, the company has 141 offices spread across 95 cities, a direct sales team of over 1,659 employees, and 1 million-plus customer all over India.
| Issue Open | September 5, 2022 - September 22, 2022 |
| Security Name | Indiabulls Housing Finance Limited |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Issue Size (Base) | Rs 100.00 Crores |
| Issue Size (Shelf) | Rs 900.00 Crores |
| Issue Price | Rs 1000 per NCD |
| Face Value | Rs 1000 each NCD |
| Minimum Lot size | 10 NCD |
| Market Lot | 1 NCD |
| Listing At | BSE, NSE |
| Credit Rating | CRISIL AA/Stable and ICRA AA |
| Tenor | 24, 36 and 60 months |
| Series | Series I to VIII |
| Payment Frequency | Monthly, Annual and Cumulative |
| Basis of Allotment | First Come First Serve Basis |
Category  |
NCD's Allocated |
|---|---|
| Institutional | 30% |
| Non-Institutional | 10% |
| HNI | 30% |
| Retail | 30% |
| Category |
NCD's Reserved |
|---|---|
| Institutional | 300,000 |
| Non-Institutional | 100,000 |
| HNI | 300,000 |
| Retail | 300,000 |
| Total NCD's | 1,000,000 |
| Options | I | II | III | IV | V | VI | VII | VIII | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Nature | Secured NCDs | |||||||||
| Tenure | 24 months | 24 months | 24 Months | 36 months | 36 months | 36 months | 60 months | 60 months | ||
| Frequency of Interest Payment | Annual | Cumulative | Monthly | Annual | Cumulative | Monthly | Annual | Monthly | ||
| Minimum Application | 10,000 (10 NCDs) | |||||||||
| In Multiples of | 1 NCD after minimum application | |||||||||
| Face Value of NCDs (Rs /NCD) | Rs 1000 (1 NCD) | |||||||||
| Issue Price (Rs /NCD) | Rs 1000 (1 NCD) | |||||||||
| Mode of Interest Payment/Redemption | Through various modes available | |||||||||
| Coupon (% per annum) for NCD Holders in Category I & II | 8.65% | NA | 8.33% | 8.80% | NA | 8.47% | 9.05% | 8.70% | ||
| Coupon (% per annum) for NCD Holders in Category III & IV | 9.05% | NA | 8.70% | 9.30% | NA | 8.94% | 9.55% | 9.15% | ||
| Coupon Type | NA | |||||||||
| Redemption Amount (₹ /NCD) on Maturity for NCD Holders in Category I & II (%) | 1,000 | 1,180.75 | 1,000 | 1,000 | 1,288.21 | 1,000 | 1,000 | 1,000 | ||
| Redemption Amount (₹ /NCD) on Maturity for NCD Holders in Category III & IV (%) | 1,000 | 1,189.47 | 1,000 | 1,000 | 1,306.07 | 1,000 | 1,000 | 1,000 | ||
| Effective Yield for NCD Holders in Category I & II (%) | 8.64% | 8.65% | 8.65% | 8.79% | 8.80% | 8.79% | 9.04% | 9.05% | ||
| Effective Yield for NCD Holders in Category III & IV(%) | 9.04% | 9.05% | 9.05% | 9.29% | 9.30% | 9.31% | 9.54% | 9.54% | ||
| Put and Call Option | NA | |||||||||
The NCDs proposed to be issued under this Issue have been rated CRISIL AA/Stable" by CRISIL Ratings Limited and ICRA AA by ICRA Limited with such ratings considered to have a stable outlook.
Mr. Sameer Gehlaut is the company promoter.
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 102872.03 | 13223.23 | 2165.92 |
| 31-Mar-21 | 93239.03 | 10030.12 | 1201.59 |
| 31-Mar-22 | 81973.32 | 8993.9 | 1177.74 |
| Amount in ₹ Crore | |||
The NCD purposes to raise funds for the following purposes;
The Indiabulls Housing Finance Tranche II NCD Sep 2022 was subscribed 1.21 times on September 22, 2022 5:00:00 PM. The NCD subscribed 3.45 times in Retail, 0.38 times in HNI, 0.60 times in Non-Institutional, and 0.00 times in the Institutional category.
| Category ? | Subscription (times) |
|---|---|
| Retail | 3.45x |
| HNI | 0.38x |
| Non-Institutional | 0.60x |
| Institutional | 0.00x |
| Total | 1.21x |
12 3.9 Rating:  Vote Here ... |
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/
Kfin Technologies 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://kosmic.kfintech.com/ipostatus/
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
