NCD News of Indiabulls Housing Finance Tranche I NCD July 2023

Indiabulls Housing Finance 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 ₹2,000.00 Crores.

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.

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

Indiabulls Housing Finance Tranche I NCD July 2023 is rated

CRISIL AA/Stable by CRISIL Ratings Limited and [ICRA]AA (Stable) by ICRA Limited.

The issue opens on Jul 10, 2023 and closes for subscription on Jul 21, 2023. The shares of the company to be list at BSE, NSE.

The public issue of Indiabulls Housing Finance Limited opens on Jul 10, 2023 and closes for subscription on Jul 21, 2023.

The Indiabulls Housing Finance Tranche I NCD July 2023 are proposed to list at BSE, NSE.

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