Corporate News     21-Sep-21
Indiabulls Housing Finance update on public issue of NCDs
Issue oversubscribed by 4.04 times
Indiabulls Housing Finance announced that the Rs 200 crore base issue size of its public issue of Secured Redeemable Non-Convertible Debentures and Unsecured Subordinated Redeemable Non-Convertible Debentures (NCDs) has been oversubscribed.

The issue has seen healthy demand in the Retail category of investors with a total collection of Rs 807.83 crore. The issue also saw good interest from its existing NCD investors.

Overall, this Tranche I Issue has seen interest from investors across series and tenures offering annual, monthly, and cumulative interest option.

Highlights of the issue:
- Base Issue oversubscribed by 4.04 times with a total collection of Rs 807.83 crore
- Retail category oversubscribed by 2.44 times (of the Base Issue Size) with a total collection of Rs 146.22 crore
- Almost 42% of the total issue size got subscribed for 3 year & 5 year tenure, as investors seek to subscribe for long term
-Most of the monies have been raised at an effective annual yield of 8.35%

Previous News
  Indiabulls Housing Finance consolidated net profit rises 2.70% in the June 2023 quarter
 ( Results - Announcements 15-Aug-23   09:27 )
  Sammaan Capital set to raise Rs 250 cr via public issue of NCDs
 ( Corporate News - 29-Aug-24   10:41 )
  Indiabulls Housing Finance allots NCDs aggregating to Rs 129.59 cr
 ( Corporate News - 26-Mar-24   13:16 )
  Indiabulls Housing Finance further reserves Rs 291.49 cr for FCCBs redemption
 ( Corporate News - 15-Apr-24   10:03 )
  Indiabulls Housing Finance allots NCDs aggregating Rs 153 cr
 ( Corporate News - 31-May-24   13:21 )
  Indiabulls Housing Finance consolidated net profit rises 1.76% in the June 2022 quarter
 ( Results - Announcements 11-Aug-22   08:49 )
  Board of Indiabulls Housing Finance approves raising up to Rs 10,000 cr via debt issuance
 ( Corporate News - 15-Mar-24   13:30 )
  Indiabulls Housing Finance receives upgrade in credit ratings from Moody's
 ( Corporate News - 06-Mar-24   18:02 )
  Indiabulls Housing Finance announces board meeting date
 ( Corporate News - 09-Aug-23   12:44 )
  Indiabulls Housing Finance to conduct AGM
 ( Corporate News - 23-Aug-22   20:10 )
  Indiabulls Housing Finance to table results
 ( Corporate News - 10-May-22   12:54 )
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