Indiabulls Housing Finance has allotted its ninth tranche of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each aggregating to Rs 45 crore. The board of directors at its meeting held on March 13, 2018, has allotted the same.
The company has allotted the NCDs on March 13, 2018 and NCDs will mature on April 08, 2021. The NCDs 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).