NCD News of Indiabulls Commercial Credit NCD April 2023

Indiabulls Commercial Credit Limited is coming up with Public Issue of Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) of the face value of ₹ 1000 each, for an amount of ₹200.00 Crores ('Base Issue Size') " with an option to retain oversubscription up to ₹1,000.00 Crores.

Incorporated in 2006, Delhi-based Indiabulls Commercial Credit Limited (ICCL) is a non-deposit-taking NBFC. It is a 100% subsidiary of Indiabulls Housing Finance Limited (IHFL), which itself rules as one of the largest housing finance companies in India.

Allotment of the NCD's will be done on First Come First Serve Basis.

Indiabulls Commercial Credit NCD April 2023 is rated CRISIL AA/Stable by CRISIL Ratings Limited and [ICRA]AA (Stable) by ICRA Limited..

The issue opens on Apr 3, 2023 and closes for subscription on Apr 19, 2023. The shares of the company to be list at BSE, NSE.

The public issue of Indiabulls Commercial Credit Limited opens on Apr 3, 2023 and closes for subscription on Apr 19, 2023.

The Indiabulls Commercial Credit NCD April 2023 are proposed to list at BSE, NSE.

Allotment of the NCD's will be done on First Come First Serve Basis.