Dewan Housing Finance Corporation (DHFL) is planning to raise Rs 200 crore. In this regard, the company has proposed to issue unsecured subordinated perpetual non-convertible debentures (NCDs) for Rs 200 crore with a greenshoe option of up to Rs 275 crore. The company is also planning to issue secured redeemable NCDs amounting to Rs 140 crore with a greenshoe option of up to Rs 10 crore on private placement basis.
Dewan Housing Finance Corporation is among the oldest private sector Housing Finance Companies (HFC) in India.
