Indiabulls Housing Finance has allotted its second tranche of Secured, Redeemable, Non-Convertible Debentures of face value Rs 10 lakh each ('NCDs') aggregating to Rs 1100 crore on a private placement basis. The tenor of the issue is 731 years, with date of allotment on June 16, 2017, while date of maturity is June 17, 2019. The coupon/interest offered will be 7.85% per annum payable annually and at maturity .
Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).
| Company Name | CMP |
|---|---|
| LIC Housing Finance | 540.05 |
| Housing & Urban Dev. | 197.00 |
| Bajaj Housing Financ | 91.83 |
| Piramal Finance | 1673.65 |
| PNB Housing Finance | 924.40 |
| View more.. | |
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