Indiabulls Housing Finance has allotted its third tranche of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each aggregating to Rs 780 crore on December 28, 2017. The NCDs will be listed on the National Stock Exchange of India and the Bombay Stock Exchange.
Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).