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Indiabulls Housing Finance raises Rs 200 crore via NCDs

Indiabulls Housing Finance raises Rs 200 crore via NCDs

Indiabulls Housing Finance has raised funds through allotment of its eighth tranche of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each aggregating to Rs 200 crore. The date of allotment is November 29, 2018, with a tenure of 3 Years and 1 Month and the date of maturity of the instrument is December 29, 2021.

Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).

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