9.75% Indiabulls Housing Finance NCD Sep 2021 – Details & Review
Indiabulls Housing Finance is looking to raise up to Rs 1,000 crore through secured / unsecured redeemable non-convertible debentures (NCD) offering interest of 8.75% - 9.75% for different maturities. Indiabulls Housing Finance is one of India’s largest housing finance companies and has assets under management (AUM) of ₹79,213 crore with more than one million customers as of 30 June 2021.
Key Features for Indiabulls Housing Finance NCD
Issue Open Date
Sep 6 2021
Issue Closing Date
Sep 20 2021
Type of Instrument
Secured redeemable NCDs
Unsecured, subordinated, redeemable NCD
Size of issue
Rs 1000 crores (Base size: Rs 200 crores)
Minimum Investment
10 NCD (Rs 1000 per NCD)
Max Investment
N/A
Listing
BSE, NSE
Credit Rating
CRISIL AA / Stable by CRISIL Ratings and B...