Companies & Industry »Company News»Company News Details
Company News Details

BSE   23 Feb 18 | 12:00 AM

1281.75 16.05 (1.27%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 535789
Face Value: N.A.

NSE   23 Feb 18 | 12:00 AM

1283.65 16.25 (1.28%)
Mkt Price (Rs)   Chg Rs (Chg %)
1 Week : Rs 1,272.35 (0.74%)
1 Month : Rs 1,393.90 (-8.05%)
1 Year : Rs 864.90 (48.20%)
change companytradenow

Indiabulls Housing Finance to raise up to Rs 100 crore via non-convertible debentures

Press Trust of India / New Delhi 31 Aug 16 | 12:32 PM

Indiabulls Housing Finance on Wednesday said it plans to raise up to Rs 100 crore through issuance of non-convertible debentures (NCDs).

"The company proposed to issue up to 1,000 secured non-convertible redeemable debentures with face value of Rs 10 lakh each aggregating to up to Rs 100 crore (plus greenshoe option, if any) on a private placement basis," Indiabulls Housing Finance said in a regulatory filing.

Widgets Magazine

Indiabulls Housing Finance said the issue will open on September 2 and close on the same date. The tenor of the bonds will be 2-5 years.

The bonds would carry coupon rate of 8.55 per cent per annum.

Last week, Indiabulls Housing Finance said it has raised over Rs 7,000 crore since July 1 through issuance of NCDs.

Shares of Indiabulls Housing Finance were trading 0.43 per cent higher Rs 834 on BSE in the morning trade.

Widgets Magazine


Company Price Gain (%)
Tata Steel677.806.26
Sun Pharma.Inds.570.205.17
Yes Bank323.602.28
Dr Reddy's Labs2,169.252.26
Bharti Airtel425.452.26

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine