Indiabulls Housing Finance NCD March 2022 description – The company is one of the largest housing finance companies (HFCs) in India in terms of AUM. It is a non-deposit taking HFC registered with the NHB. It focuses primarily on long-term secured mortgage-backed loans. Indiabulls Housing Finance primarily offers 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.
It also offers mortgage loans to real estate developers in India in the form of lease rental discounting for commercial premises and construction finance for the construction of residential premises. A majority of its assets under management (AUM) comprise housing loans, including in the affordable housing segment. As of 31 March 2021, housing loans and non-housing loans constituted 65% and 35%, respectively of its consolidated AUM. The company has now shifted to an asset-light business model, focusing on co-lending of loans along with banks, other financial institutions and credit funds.
As of 31 December 2021, it had a network of 141 offices spread across 95 cities. As of 31 December 2021, it had a direct sales team of over 1,659 employees who were located across its network. Apart from its sales team, the company also relies on external channels, such as direct sales agents for referring potential customers. In addition, it has an online home loans fulfilment platform called e-Home Loans which allows customers to apply for a home loan and upload the requisite documents online.
Promoters of Indiabulls Housing Finance – Sameer Gehlaut
Indiabulls Housing Finance NCD March 2022 Details
| Subscription Dates | 30 March – 22 April 2022 |
| Security Type | Secured, Redeemable, Non-Convertible Debentures |
| Face Value | INR1,000 per NCD |
| Issue Price | INR1,000 per NCD |
| Issue Size (Base) | INR100 crore |
| Overall Issue Size (including oversubscription) | INR1,000 crore |
| Minimum Lot size | 10 NCDs |
| Market Lot | 1 NCD |
| Tenor | 24 months 36 months 60 months |
| Credit Rating | CRISIL AA/Stable BWR AA+/Stable |
| Category Reservation | Category 1 (QIB): 30% Category 2 (Corporates): 10% Category 3 (HNI): 30% Category 4 (Retail): 30% |
| Basis of Allotment | First Come First Serve |
| Listing On | BSE, NSE |
Indiabulls Housing Finance NCD March 2022 – Options and Coupon Rates
| Option | Tenure | Interest Payment | Coupon Rate (I & II) | Coupon Rate (III & IV) | Effective Yield (I & II) | Effective Yield (III & IV) | Maturity Amount (I & II) | Maturity Amount (III & IV) |
| Series 1 | 24 months | Annual | 8.35% | 8.75% | 8.34% | 8.74% | INR1,000 | INR1,000 |
| Series 2 | 24 months | Cumulative | NA | NA | 8.35% | 8.75% | INR1,174.25 | INR1,182.95 |
| Series 3 | 24 months | Monthly | 8.05% | 8.42% | 8.36% | 8.75% | INR1,000 | INR1,000 |
| Series 4 | 36 months | Annual | 8.50% | 9.00% | 8.49% | 8.99% | INR1,000 | INR1,000 |
| Series 5 | 36 months | Cumulative | NA | NA | 8.50% | 9.00% | INR1,277.60 | INR1,295.35 |
| Series 6 | 36 months | Monthly | 8.20% | 8.66% | 8.51% | 9.01% | INR1,000 | INR1,000 |
| Series 7 | 60 months | Annual | 8.75% | 9.25% | 8.74% | 9.24% | INR1,000 | INR1,000 |
| Series 8 | 60 months | Monthly | 8.43% | 8.89% | 8.76% | 9.26% | INR1,000 | INR1,000 |
Indiabulls Housing Finance Non Convertible Debentures Registrar
KFin Technologies Private LimitedÂ
Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone:Â +91 40 6716 2222Â
Fax:Â +91 40 2343 1551
Email:Â [email protected]
Website:Â www.kfintech.com
Indiabulls Housing Finance NCD Documents
- Indiabulls Housing Finance NCD Red Herring Prospectus
- Indiabulls Housing Finance NCD Draft Prospectus
- Upcoming NCDs
Indiabulls Housing Finance Contact Details
Indiabulls Housing Finance Limited
One International Centre,
Tower 1, 18th Floor,
Senapati Bapat Marg,
Elphinstone Road, Mumbai – 400 013
Phone:Â +91 22 6189 1400
Email:Â [email protected]
Website:Â www.indiabullshomeloans.com
Indiabulls Housing Finance NCD March 2022 Subscription Status (no. of times)
| Category 1 (QIB) | Category 2 (Corporates) | Category 3 (HNI) | Category 4 (Retail) | Total | |
| 22 Apr 2022 | 0.00 | 2.54 | 1.32 | 2.87 | 1.51 |
| 21 Apr 2022 | 0.00 | 1.04 | 0.63 | 2.68 | 1.12 |
| 20 Apr 2022 | 0.00 | 1.04 | 0.61 | 2.54 | 1.05 |
| 19 Apr 2022 | 0.00 | 1.04 | 0.59 | 2.45 | 1.02 |
| 18 Apr 2022 | 0.00 | 0.69 | 0.59 | 2.31 | 0.94 |
| 13 Apr 2022 | 0.00 | 0.59 | 0.46 | 2.03 | 0.81 |
| 12 Apr 2022 | 0.00 | 0.58 | 0.44 | 1.92 | 0.77 |
| 11 Apr 2022 | 0.00 | 0.57 | 0.42 | 1.79 | 0.72 |
| 8 Apr 2022 | 0.00 | 0.07 | 0.40 | 1.58 | 0.60 |
| 7 Apr 2022 | 0.00 | 0.07 | 0.34 | 1.48 | 0.55 |
| 6 Apr 2022 | 0.00 | 0.05 | 0.31 | 1.28 | 0.48 |
| 5 Apr 2022 | 0.00 | 0.02 | 0.24 | 1.11 | 0.41 |
| 4 Apr 2022 | 0.00 | 0.02 | 0.14 | 0.83 | 0.29 |
| 1 Apr 2022 | 0.00 | 0.02 | 0.09 | 0.52 | 0.18 |
| 31 Mar 2022 | 0.00 | 0.01 | 0.04 | 0.34 | 0.11 |
| 30 Mar 2022 | 0.00 | 0.01 | 0.01 | 0.19 | 0.06 |
Indiabulls Housing Finance NCD March 2022 Allotment Status
Indiabulls Housing Finance NCD March 2022 allotment status will be updated at the website of KFin Technologies’ website. Click on this link to get allotment status.
Indiabulls Housing Finance NCD March 2022 FAQs
What is the face value and lot size of Indiabulls Housing Finance NCD March 2022?
The NCDs will be issued at a face value of INR1,000 each NCD and the minimum lot size is 10 NCDs.
What is the frequency of interest payment in Indiabulls Housing Finance NCD March 2022?
The frequency of payment for Indiabulls Housing Finance NCD is Cumulative, Monthly and Annually.
What is basis of allotment in Indiabulls Housing Finance NCD March 2022 offer?
Indiabulls Housing Finance NCDs will be allotted on a First Come First Serve Basis.
