|
The public issue is within the shelf limit of Rs 2,000 crore.
These secured, redeemable NCDs issue will open on 5 March 2024 and it will close on 19 March 2024. It will be listed on BSE and NSE. However, BSE is the designated stock exchange.
These debentures have ‘CRISIL AA/Stable’ (pronounced as CRISIL double A rating with stable outlook) rating, by CRISIL Ratings and ‘[ICRA]AA (Stable)’ (pronounced as ICRA double A rating with a stable outlook) rating by ICRA.
Indiabulls Housing Finance is a housing finance company, regulated by the National Housing Bank (NHB). The company offers competitively priced home loans in the affordable housing segment.
The company's consolidated net profit rose 4% to Rs 302.61 crore on 5.46% decline in total income to Rs 2,211.72 crore in Q3 FY24 over Q3 FY23.
The scrip declined 2.84% to trade at Rs 188.50 on the BSE.
|