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Indiabulls Housing Finance NCD 2022

NCD Status: Closed [1st Dec 2022 to 22nd Dec 2022]

Rated 3/5 by Team InvestorGain
Indiabulls Housing Finance NCD Detail

The face value of Indiabulls Housing Finance Limited is Rs. 1000 per NCD and offer NCD issue size of Rs. 100 Cr BASE issue size and Shelf Limit Of Rs. 900 Cr which subscription opening form Dec 01, 2022 to Dec 22, 2022 . The company issues series I to VIII secured and redeemable NCD at an issue price of Rs. 1000 per NCD. One can subscribe to the NCD with a minimum ticket size of Rs. 10,000 (10 NCDs). The NCD tenor is 24, 36 and 60 months with a coupon rate ranging 9.30% - 9.80% per annum. Check more about the Indiabulls Housing Finance Limited NCD Mar 2022 including credit rating, Coupon rates for each series, the basis of allotment, payment frequency, and more.

Indiabulls Housing Finance NCD Details

NCD Opening Date: 1st Dec 2022
NCD Closing Date: 22nd Dec 2022
NCD Type: Secured NCD
Issue Size (Base): ₹100.00Cr
Issue Size (Shelf): ₹1400.00Cr
Face Value: Rs 1000 each NCD
Issue Price: Rs 1000 per NCD
Market Lot: 1 NCD
Min Order Qty: 10 NCD
Min Order Amount: Rs 10000
Listing at: BSE, NSE
Tenor: 24, 36 and 60 months
Rating: CRISIL AA/Stable and ICRA AA
Series:

Series I to VIII

Payment Frequency: Monthly, Annual and Cumulative
Basis of Allotment: First Come First Serve Basis
Interest on return:
  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

NCD Important Dates

Action Dates
NCD Activity Date
NCD Issue Open 1st Dec 2022
NCD Issue Close 22nd Dec 2022
NSE Code: IBHFL6

* - Tentative Dates

Offer Details

Category Name NCD's Reserved NCD's Allocated
Institutional 300000 30%
Non-Institutional 100000 10%
HNI 300000 30%
Retail 300000 30%

About Company - Indiabulls Housing Finance

Indiabulls Housing Finance Limited incorporated on May 10, 2005. IBHFL offers quick, convenient and competitively priced home loans in the affordable housing segment. The company primary goal is to ensure a superior home buying experience to its customers and to make housing finance more affordable and viable by contributing to the ecosystem that supports it.

Indiabulls Housing Finance (IBHFL) is a non-deposit taking housing finance company (HFC) registered with the NHB. They are also a notified financial institution under the SARFAESI Act. Their focus primarily on long-term secured mortgage-backed loans. This Limited primarily offer housing loans and loans against property to its target client base of salaried and self-employed individuals and micro, small and medium-sized enterprises (MSMEs) and corporates

As at June 30, 2022, their consolidated borrowings (other than debt securities) were 31,955.59 crores, consolidated debt securities were 19,116.48 crores and consolidated subordinated liabilities were 4,614.04 crores. IBHFL rely on long-term and medium-term borrowings from banks and other financial institutions, including external commercial borrowings and issuances of non-convertible debentures. Indiabulls Housing has diversified lender base, comprising public sector undertakings (PSUs), private banks and other financial institutions.

Indiabulls Housing Finance Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-20102872.0313223.232165.92
31-Mar-2193239.0310030.121201.59
31-Mar-2281973.328993.91177.74
Amount in ₹ Crore

Indiabulls Housing Finance NCD Objective

The NCD purposes to raise funds for the following purposes;

  1. For the purpose of onward lending, financing, and for repayment of interest and principal of existing borrowings of the Company.
  2. General corporate purposes.

Coupon Rates

  Series 1 Series 2 Series 3 Series 4 Series 5 Series 6 Series 7 Series 8
Frequency of Interest Payment Annual Monthly Cumulative Annual Monthly Cumulative Annual Monthly
Nature Secured
Tenor 24 months 24 months 24 months 36 months 36 months 36 months 60 months 60 months
Coupon Rate (Retail) 9.30% 8.94% NA 9.55% 9.16% NA 9.80% 9.39%
Effective Yield (% per Annum) 9.29% 9.30% 9.30% 9.54% 9.54% 9.55% 9.79% 9.80%
Amount on Maturity Rs 1,000 Rs 1,000 Rs 1,194.95 Rs 1,000 Rs 1,000 Rs 1,297.15 Rs 1,000 Rs 1,000

Indiabulls Housing Finance NCD Promoters

Mr. Sameer Gehlaut is the company promoter.

Indiabulls Housing Finance NCD Rating Details

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.

Indiabulls Housing Finance NCD Not Eligible to Invest

  1. Minors without a guardian name
  2. Foreign nationals
  3. Persons resident outside India
  4. Foreign Portfolio Investors
  5. Foreign Venture Capital Investors
  6. Qualified Foreign Investors
  7. Overseas Corporate Bodies
  8. Persons ineligible to contract under applicable statutory/regulatory requirements

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Indiabulls Housing Finance NCD Imporatant Links

  • Indiabulls Housing Finance NCD DRHP >>Indiabulls Housing Finance NCD Draft Prospectus is not yet available.
  • Indiabulls Housing Finance NCD RHP >>Document
  • Indiabulls Housing Finance NCD DRHP Shelf >>Indiabulls Housing Finance NCD Draft Prospectus Shelf is not yet available.
  • Indiabulls Housing Finance NCD RHP Shelf >>Indiabulls Housing Finance NCD Red Herring Prospectus Shelf is not yet available.
  • Indiabulls Housing Finance NCD Allotment Status >>Indiabulls Housing Finance NCD Allotment is not declared yet, we will provide the link for status once allotment is out.

Company Address

Indiabulls Housing Finance Limited
5th Floor, Building No. 27, KG Marg Connaught Place
New Delhi,New Delhi-110001
India
Website: https://www.indiabullshomeloans.com/
Phone: 11 4353 2950
Email: [email protected]

Indiabulls Housing Finance NCD Registrar

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Website: https://kosmic.kfintech.com/ipostatus/
Phone: 04067162222, 04079611000
Email: [email protected]

Indiabulls Housing Finance NCD Lead Manager

  1. Edelweiss Financial Services Ltd
  2. A.K. Capital Services Limited
  3. Iifl Securities Ltd
  4. Trust Investment Advisors Private Limited
Indiabulls Housing Finance NCD Important dates - Issue Open Date, close Date, NCD Listing Date. NCD Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, NCD Listing date. What is the issue open date and close date for Indiabulls Housing Finance? Should I apply in Indiabulls Housing Finance NCD?

Last Updated on 2023-02-14T23:30:25+00:00


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