Indiabulls Housing Finance NCD December 2022 description – The company is a non-deposit taking housing finance company (HFC) registered with the NHB. It is also a notified financial institution under the SARFAESI Act. It primarily offers housing loans and loans against property to the 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 the form of lease rental discounting for commercial premises and construction finance for the construction of residential premises. A majority of its Loan Book comprises housing loans, including in the affordable housing segment.
As of March 31, 2022, housing loans and non-housing loans constituted 62% and 38%, respectively of its Loan Book. It has now shifted to an asset-light business model, focusing on co-lending of loans along with banks, other financial institutions and credit funds and an increased sell down of its loan portfolio. As of June 30, 2022, the company had a network of 162 branches spread across India which gives it a pan-India presence and allows it to interact with and service its customers. As of June 30, 2022, it had a direct sales team of 1,912 employees who were located across the network.
Promoters of Indiabulls Housing Finance – Mr Sameer Gehlaut
Indiabulls Housing Finance NCD December 2022 Details
Subscription Dates | 1 – 22 December 2022 |
Security Type | Secured, Redeemable, Non-Convertible Debentures |
Face Value | INR 1,000 per NCD |
Issue Price | INR 1,000 per NCD |
Issue Size (Base) | INR 100 crore |
Overall Issue Size (including oversubscription) | INR 1,000 crore |
Minimum Lot size | 10 NCDs |
Market Lot | 1 NCD |
Tenor | 24 months 36 months 60 months |
Credit Rating | CRISIL AA/Stable ICRA AA |
Category Reservation | Category 1 (QIB): 30% Category 2 (NII): 10% Category 3 (HNI): 30% Category 4 (Retail): 30% |
Basis of Allotment | First Come First Serve |
Listing On | NSE, BSE |
Indiabulls Housing Finance NCD December 2022 – Options and Coupon Rates
Option | Tenure | Interest Payment | Coupon Rate | Effective Yield | Maturity Amount |
Series 1 | 24 months | Annual | 9.30% | 9.29% | INR 1,000 |
Series 2 | 24 months | Monthly | 8.94% | 9.30% | INR 1,000 |
Series 3 | 24 months | Cumulative | NA | 9.30% | INR 1,194.95 |
Series 4 | 36 months | Annual | 9.55% | 9.54% | INR 1,000 |
Series 5 | 36 months | Monthly | 9.16% | 9.54% | INR 1,000 |
Series 6 | 36 months | Cumulative | NA | 9.55% | INR 1,297.15 |
Series 7 | 60 months | Annual | 9.80% | 9.79% | INR 1,000 |
Series 8 | 60 months | Monthly | 9.39% | 9.80% | INR 1,000 |
Indiabulls Housing Finance Non Convertible Debentures Lead Manager
Edelweiss Financial Services Limited
Edelweiss House, Off CST Road, Kalina
Mumbai – 400 098, Maharashtra, India
Phone: +91 22 4086 3535
Email: [email protected]
Website: www.edelweissfin.com
Indiabulls Housing Finance Non Convertible Debentures Registrar
Kfin Technologies Limited
Selenium Tower B, Plot No – 31 & 32,
Financial District, Nanakramguda,
Serilingampally, Hyderabad Rangareddi,
500 032, Telangana, India
Phone: +91 40 6716 2222
Email: [email protected]
Website: www.kfintech.com
Indiabulls Housing Finance NCD Documents
- Indiabulls Housing Finance NCD Tranche IV 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,
Maharashtra, India
Phone: +91 22 6189 1400
Email: [email protected]
Website: https://www.indiabullshomeloans.com
Indiabulls Housing Finance NCD December 2022 Subscription Status (no. of times)
Date | QIB | NII | HNI | Retail | Total |
22 Dec 2022 | 0.00 | 0.40 | 0.56 | 3.36 | 1.22 |
21 Dec 2022 | 0.00 | 0.39 | 0.55 | 3.12 | 1.14 |
20 Dec 2022 | 0.00 | 0.39 | 0.55 | 2.98 | 1.10 |
19 Dec 2022 | 0.00 | 0.39 | 0.54 | 2.75 | 1.02 |
16 Dec 2022 | 0.00 | 0.38 | 0.52 | 2.53 | 0.95 |
15 Dec 2022 | 0.00 | 0.38 | 0.51 | 2.39 | 0.90 |
14 Dec 2022 | 0.00 | 0.38 | 0.50 | 2.29 | 0.87 |
13 Dec 2022 | 0.00 | 0.38 | 0.47 | 2.17 | 0.83 |
12 Dec 2022 | 0.00 | 0.38 | 0.44 | 2.05 | 0.79 |
9 Dec 2022 | 0.00 | 0.38 | 0.42 | 1.72 | 0.71 |
8 Dec 2022 | 0.00 | 0.38 | 0.23 | 1.70 | 0.61 |
7 Dec 2022 | 0.00 | 0.37 | 0.21 | 1.55 | 0.57 |
6 Dec 2022 | 0.00 | 0.33 | 0.21 | 1.29 | 0.49 |
5 Dec 2022 | 0.00 | 0.32 | 0.12 | 1.08 | 0.39 |
2 Dec 2022 | 0.00 | 0.31 | 0.10 | 0.60 | 0.23 |
1 Dec 2022 | 0.00 | 0.30 | 0.03 | 0.34 | 0.15 |
Indiabulls Housing Finance NCD December 2022 Allotment Status
Indiabulls Housing Finance NCD December 2022 allotment status is now updated at the website of KFin Technologies’ website. Click on this link to get allotment status.
Indiabulls Housing Finance NCD December 2022 FAQs
What is the face value and lot size of Indiabulls Housing Finance NCD December 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 December 2022?
The frequency of payment for Indiabulls Housing Finance NCD is Monthly, Annual & Cumulative.
What is basis of allotment in Indiabulls Housing Finance NCD December 2022 offer?
Indiabulls Housing Finance NCDs will be allotted on a First Come First Serve Basis.