Indiabulls Housing Finance has allotted its eighth tranche of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each aggregating to 25 crore.
The company has allotted the NCDs on February 23, 2018 and NCDs will mature on February 23, 2028. The NCDs will carry a coupon rate of 8.43% per annum (p.a.) and it will be listed on the National Stock Exchange of India and the BSE.
Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).
