Indiabulls Housing Finance NCD 2022 Isue Date, Rating & Interest Rates

Indiabulls Housing Finance NCD

Indiabulls Housing Finance NCD 2022 are Open on 30 March 2022 and to close on 22 April 2022. The Company will offer 9.26% interest rates on the NCD Bonds. And NCD tenure will be applicable for 2,4 months, 26 months 36 months. The company will raise a Base fund of ₹100 and Shelf funf ₹900 crores through this NCD, the company has fixed the NCD price band at 1000 for this according to the face value of 1000.

Indiabulls Housing Finance Ltd. (IBHFL) is India’s third-largest housing finance company, regulated by the Reserve Bank of India (RBI). IBHFL is rated ‘AA’ by leading rating agencies including CRISIL, ICRA, and CARE Ratings and at ‘AA+” by Brickwork Ratings. The company has a balance sheet size of ₹ 0.87 trillion as of 30th June 2021.

The company has serviced more than 1 million happy customers and cumulatively disbursed loans of over ₹ 2.86 trillion. It is has a strong nationwide presence and continues to reach out further with eHome Loans – India’s first completely online home loan fulfillment platform.

Read also: Upcoming IPO List 2022

IBHFL offers quick, convenient, and competitively priced home loans in the affordable housing segment. The company’s 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 NCD Review :

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Indiabulls Housing Finance NCD Security Name :

■ Indiabulls Housing Finance Limited

Indiabulls Housing Finance NCD Security Type :

■ Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)

Indiabulls Housing Finance NCD Ratings

AgencyRating
CRISILAA/Stable
BWRAA+/Stable

Indiabulls Housing Finance NCD 2022 Bonds Issue Details :

Issue Open30 March 2022
Issue Close22 April 2022
Issue Base Size₹100 Cr.
Issue Shelf Size₹900 Cr.
Price Band₹1000 Per NCD
Face Value₹1000 Each NCD
Interest Rate9.26% Annual
Listing onBSE & NSE Platform
Indiabulls Housing Finance NCD 2022

Indiabulls Housing Finance NCD Market Lot :

Market Lot :1 Lot
Minimum Lot size :10 NCD
Minimum Investment :₹10,000

Indiabulls Housing Finance NCD Bond Issue Tenure & Interest Rates :

SR12345678
Tenure24 Month24 Month24 Month36 Month36 Month36 Month60 Month60 Month
NatureSecuredSecuredSecuredSecuredSecuredSecuredSecuredSecured
InterestAnnualCumulativeMonthlyAnnualCumulativeMonthlyAnnualMonthly
Coupon Rate
I & II
8.35%N/A8.05%8.50%N/A8.20%8.75%8.43%
Coupon Rate
III & IV
8.75%N/A8.42%9.00%N/A8.66%9.25%8.89%
Effective Yield
I & II
8.34%8.35%8.36%8.49%8.50%8.51%8.74%8.76%
Effective Yield
III & IV
8.74%8.75%8.75%8.99%9.00%9.01%9.24%9.26%
Maturity
I & II
10001174.25100010001277.60100010001000
Maturity
III & IV
10001182.95100010001295.35100010001000
Upstox Referal
Read also: All Upcoming IPO Grey Market Premium 2022

Company Promoters :

■ Mr. Ajay G. Piramal

Quick Link :

DRHP Draft Prospectus
RHP Draft Prospectus

Indiabulls Housing Finance IPO Lead Managers :

■ A.K. Capital Services Limited
■ Edelweiss Financial Services Ltd
■ IIFL Securities Ltd
■ Trust Investment Advisors Private Limited

Indiabulls Housing Finance NCD IPO Registrar :

KFintech Private Limited
Selenium Tower B, Plot No – 31 & 32,
Financial District, Nanakramguda, Serilingampally,
Hyderabad Rangareddi, 500 032, Telangana, India
Telephone No.: +91 40 6716 2222
Facsimile No.: +91 40 2343 1551
Email: [email protected]
Website: www.kfintech.com

Company Address :

Indiabulls Housing Finance Limited
M-62 & 63, First Floor
Connaught Place
New Delhi – 110001, India
Telephone No.: +91 11 4353 2950
Facsimile No.: +91 11 4353 2947
Email: [email protected]
Website: www.indiabullshomeloans.com

Indiabulls Housing Finance NCD 2022 FAQs:

What is Indiabulls Housing Finance NCD 2022?
Indiabulls Housing Finance NCD is Security Bond.

When Indiabulls Housing Finance NCD 2022 will open?
The Indiabulls Housing Finance NCD is to open on 30 Mar 2022 – 22 Apr 2022.

What is the Indiabulls Housing Finance NCD 2022 Size?
Indiabulls Housing Finance NCD size is ₹1000 Crores.

What is the issue Shelf size of Indiabulls Housing Finance NCD 2022?
The Shelf size of Indiabulls Housing Finance NCD ₹100 Cr.

What is the issue Base size of Indiabulls Housing Finance NCD 2022?
The Base size of Indiabulls Housing Finance NCD ₹900 Cr.

What is Indiabulls Housing Finance NCD Price Band?
Indiabulls Housing Finance NCD Price Band is ₹1000 Per NCD.

What is Indiabulls Housing Finance NCD Minimum Lot Size?
The Indiabulls Housing Finance NCD Minimum Lot Size 10.

What is Indiabulls Housing Finance NCD Interest Rate?
The Indiabulls Housing Finance NCD Interest Rate is 9.26% Annual.

What is the Indiabulls Housing Finance NCD Allotment Date?
Indiabulls Housing Finance NCD allotment date is Not Declare.

What is Indiabulls Housing Finance NCD Listing Date?
Indiabulls Housing Finance NCD listing date is Not Declare. The IPO to list on NSE, BSE.

Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.

Indiabulls Housing Finance NCD 2022 Isue Date, Rating & Interest Rates

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